Angel Estrada y Cia (BUE:ESTR5) Return-on-Tangible-Asset: -14.68% (As of Jun. 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 Angel Estrada y Cia Return-on-Tangible-Asset?

Angel Estrada y Cia BUE:ESTR5 Return-on-Tangible-Asset is -14.68% as of Jun. 2017. The stock has 4 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. Angel Estrada y Cia's annualized Net Income for the quarter that ended in Jun. 2017 was ARS-162.58 Mil. Angel Estrada y Cia's average total tangible assets for the quarter that ended in Jun. 2017 was ARS1,107.22 Mil. Therefore, Angel Estrada y Cia's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 was -14.68%.

The historical rank and industry rank for Angel Estrada y Cia's Return-on-Tangible-Asset or its related term are showing as below:

BUE:ESTR5' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.18   Med: 9.8   Max: 57.73
Current: 8.13

During the past 13 years, Angel Estrada y Cia's highest Return-on-Tangible-Asset was 57.73%. The lowest was 6.18%. And the median was 9.80%.

BUE:ESTR5's Return-on-Tangible-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 0.805 vs BUE:ESTR5: 8.13

Angel Estrada y Cia  (BUE:ESTR5) 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.


Angel Estrada y Cia Return-on-Tangible-Asset Related Terms


Angel Estrada y Cia Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Angel Estrada y Cia'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.

Angel Estrada y Cia Return-on-Tangible-Asset Chart

Angel Estrada y Cia Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.08 6.88 6.18 9.01 9.52

Angel Estrada y Cia Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 4.09 -5.46 28.47 26.77 -14.68

BUE:ESTR5 vs MNI, GPIW: Return-on-Tangible-Asset Comparison

For the Publishing subindustry, Angel Estrada y Cia'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.


Angel Estrada y Cia Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Angel Estrada y Cia's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Angel Estrada y Cia's Return-on-Tangible-Asset falls into.



Angel Estrada y Cia Return-on-Tangible-Asset Calculation

Angel Estrada y Cia's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=78.831/( (582.523+1074.273)/ 2 )
=78.831/828.398
=9.52 %

Angel Estrada y Cia's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=-162.58/( (1140.163+1074.273)/ 2 )
=-162.58/1107.218
=-14.68 %

* 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 (Jun. 2017) net income data.

What does a Return-on-Tangible-Asset of -14.68% mean?
Angel Estrada y Cia (BUE:ESTR5) has a Return-on-Tangible-Asset of -14.68% as of Jun. 2017. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Angel Estrada y Cia and its competitors. Over the past decade, Angel Estrada y Cia's Return-on-Tangible-Asset has ranged from 6.18 to 57.73.
Is Angel Estrada y Cia's Return-on-Tangible-Asset too high?
Angel Estrada y Cia's current Return-on-Tangible-Asset is -14.68%. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 57.73.
How does Angel Estrada y Cia's Return-on-Tangible-Asset compare to MNI and GPIW?
Angel Estrada y Cia's Return-on-Tangible-Asset of -14.68% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Asset is 0.81. Historically, Angel Estrada y Cia's own Return-on-Tangible-Asset has ranged from 6.18 to 57.73 over the past decade. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.81, based on 1,028 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 Angel Estrada y Cia and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angel Estrada y Cia's current Return-on-Tangible-Asset is -14.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel Estrada y Cia stock overvalued right now?
Angel Estrada y Cia (BUE:ESTR5) has a current Return-on-Tangible-Asset of -14.68%. The current Return-on-Tangible-Asset is -14.68%. 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 Angel Estrada y Cia (BUE:ESTR5), the current Return-on-Tangible-Asset is -14.68% as of Jun. 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.

Angel Estrada y Cia Business Description

Angel Estrada y Cia SA is engaged in publishing of textbooks & complimentary literature for educational purposes. It also manufactures & distributes stationery & other paper & office products.