BRPMW (B. Riley Principal 150 Merger) Return-on-Tangible-Asset: 5.39% (As of Mar. 2022)

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What is B. Riley Principal 150 Merger Return-on-Tangible-Asset?

B. Riley Principal 150 Merger BRPMW Return-on-Tangible-Asset is 5.39% as of Mar. 2022. The stock has 2 warning signs investors should review.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. B. Riley Principal 150 Merger's annualized Net Income for the quarter that ended in Mar. 2022 was $9.33 Mil. B. Riley Principal 150 Merger's average total tangible assets for the quarter that ended in Mar. 2022 was $173.13 Mil. Therefore, B. Riley Principal 150 Merger's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2022 was 5.39%.

The historical rank and industry rank for B. Riley Principal 150 Merger's Return-on-Tangible-Asset or its related term are showing as below:

BRPMW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.93   Med: -7.93   Max: -2.28
Current: -2.28

During the past 2 years, B. Riley Principal 150 Merger's highest Return-on-Tangible-Asset was -2.28%. The lowest was -7.93%. And the median was -7.93%.

BRPMW's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.72 vs BRPMW: -2.28

B. Riley Principal 150 Merger  (NAS:BRPMW) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


B. Riley Principal 150 Merger Return-on-Tangible-Asset Related Terms


B. Riley Principal 150 Merger Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for B. Riley Principal 150 Merger's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

B. Riley Principal 150 Merger Return-on-Tangible-Asset Chart

B. Riley Principal 150 Merger Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Asset
0.00 -7.93

B. Riley Principal 150 Merger Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Return-on-Tangible-Asset Get a 7-Day Free Trial -2.71 -4.20 3.00 -13.29 5.39

BRPMW vs ISAA, CENQ, DSAC: Return-on-Tangible-Asset Comparison

For the Shell Companies subindustry, B. Riley Principal 150 Merger's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


B. Riley Principal 150 Merger Return-on-Tangible-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B. Riley Principal 150 Merger's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where B. Riley Principal 150 Merger's Return-on-Tangible-Asset falls into.



B. Riley Principal 150 Merger Return-on-Tangible-Asset Calculation

B. Riley Principal 150 Merger's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-6.867/( (0.105+173.172)/ 2 )
=-6.867/86.6385
=-7.93 %

B. Riley Principal 150 Merger's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=9.332/( (173.172+173.094)/ 2 )
=9.332/173.133
=5.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2022) net income data.

What does a Return-on-Tangible-Asset of 5.39% mean?
B. Riley Principal 150 Merger (BRPMW) has a Return-on-Tangible-Asset of 5.39% as of Mar. 2022. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on B. Riley Principal 150 Merger and its competitors.
Is B. Riley Principal 150 Merger's Return-on-Tangible-Asset too high?
B. Riley Principal 150 Merger's current Return-on-Tangible-Asset is 5.39%. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.72. B. Riley Principal 150 Merger's value of 5.39% is 648.6% above this industry median.
How does B. Riley Principal 150 Merger's Return-on-Tangible-Asset compare to ISAA and CENQ?
B. Riley Principal 150 Merger's Return-on-Tangible-Asset of 5.39% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Asset is 0.72. B. Riley Principal 150 Merger's value of 5.39% is 648.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.72, based on 557 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B. Riley Principal 150 Merger's current Return-on-Tangible-Asset of 5.39% is 648.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on B. Riley Principal 150 Merger and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B. Riley Principal 150 Merger's current Return-on-Tangible-Asset is 5.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B. Riley Principal 150 Merger stock overvalued right now?
B. Riley Principal 150 Merger (BRPMW) has a current Return-on-Tangible-Asset of 5.39%. The current Return-on-Tangible-Asset is 5.39% and 648.6% above the Diversified Financial Services industry median of 0.72. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For B. Riley Principal 150 Merger (BRPMW), the current Return-on-Tangible-Asset is 5.39% as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

B. Riley Principal 150 Merger Business Description

Address 299 Park Avenue, 21st Floor, New York, NY, USA, 10171
B. Riley Principal 150 Merger Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.