BRRE (Blue Ridge Real Estate Co) Return-on-Tangible-Asset: -5.62% (As of Apr. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Blue Ridge Real Estate Co Return-on-Tangible-Asset?

Blue Ridge Real Estate Co BRRE Return-on-Tangible-Asset is -5.62% as of Apr. 2017.

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. Blue Ridge Real Estate Co's annualized Net Income for the quarter that ended in Apr. 2017 was $-1.73 Mil. Blue Ridge Real Estate Co's average total tangible assets for the quarter that ended in Apr. 2017 was $30.74 Mil. Therefore, Blue Ridge Real Estate Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2017 was -5.62%.

The historical rank and industry rank for Blue Ridge Real Estate Co's Return-on-Tangible-Asset or its related term are showing as below:

BRRE's Return-on-Tangible-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.8
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Blue Ridge Real Estate Co  (OTCPK:BRRE) 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.


Blue Ridge Real Estate Co Return-on-Tangible-Asset Related Terms


Blue Ridge Real Estate Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Blue Ridge Real Estate Co'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.

Blue Ridge Real Estate Co Return-on-Tangible-Asset Chart

Blue Ridge Real Estate Co Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.18 -1.28 1.00 -24.66 -0.68

Blue Ridge Real Estate Co Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.13 6.50 4.29 -5.12 -5.62

BRRE vs CHCI: Return-on-Tangible-Asset Comparison

For the Resorts & Casinos subindustry, Blue Ridge Real Estate Co'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.


Blue Ridge Real Estate Co Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Blue Ridge Real Estate Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Blue Ridge Real Estate Co's Return-on-Tangible-Asset falls into.



Blue Ridge Real Estate Co Return-on-Tangible-Asset Calculation

Blue Ridge Real Estate Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2016 )  (A: Oct. 2015 )(A: Oct. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2016 )  (A: Oct. 2015 )(A: Oct. 2016 )
=-0.212/( (31.163+30.925)/ 2 )
=-0.212/31.044
=-0.68 %

Blue Ridge Real Estate Co's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2017 )  (Q: Jan. 2017 )(Q: Apr. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2017 )  (Q: Jan. 2017 )(Q: Apr. 2017 )
=-1.728/( (30.58+30.899)/ 2 )
=-1.728/30.7395
=-5.62 %

* 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 (Apr. 2017) net income data.

What does a Return-on-Tangible-Asset of -5.62% mean?
Blue Ridge Real Estate Co (BRRE) has a Return-on-Tangible-Asset of -5.62% as of Apr. 2017. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Blue Ridge Real Estate Co and its competitors.
Is Blue Ridge Real Estate Co's Return-on-Tangible-Asset too high?
Blue Ridge Real Estate Co's current Return-on-Tangible-Asset is -5.62%.
How does Blue Ridge Real Estate Co's Return-on-Tangible-Asset compare to CHCI?
Blue Ridge Real Estate Co's Return-on-Tangible-Asset of -5.62% can be compared against companies in the Travel & Leisure industry. The industry median Return-on-Tangible-Asset is 2.80. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.80, based on 859 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. 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 Blue Ridge Real Estate Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Ridge Real Estate Co's current Return-on-Tangible-Asset is -5.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Ridge Real Estate Co stock overvalued right now?
Blue Ridge Real Estate Co (BRRE) has a current Return-on-Tangible-Asset of -5.62%. The current Return-on-Tangible-Asset is -5.62%. 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 Blue Ridge Real Estate Co (BRRE), the current Return-on-Tangible-Asset is -5.62% as of Apr. 2017. 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.

Blue Ridge Real Estate Co Business Description

Address 5 Blue Ridge Court, P.O. Box 707, Blakeslee, PA, USA, 18610
Blue Ridge Real Estate Co is engaged in real estate development and land sales. The company operates in three segments: resort operations, including amenities around Big Boulder Lake such as the Boulder View Tavern, Boulder Lake Club, the Jack Frost National Golf Course, and The Stretch fishing club; real estate management and rental operations, which involve leasing investment properties, providing services to resort residential community trusts, and signboard rentals; and land resource management, covering land sales and purchases, timber operations, real estate development, and leasing of land and land improvements. The majority of the company's revenue is derived from the Resort operations segment.