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Compania Introductora de Buenos Aires (BUE:INTR) Return-on-Tangible-Asset : 8.03% (As of Dec. 2023)


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What is Compania Introductora de Buenos Aires Return-on-Tangible-Asset?

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. Compania Introductora de Buenos Aires's annualized Net Income for the quarter that ended in Dec. 2023 was ARS1,783 Mil. Compania Introductora de Buenos Aires's average total tangible assets for the quarter that ended in Dec. 2023 was ARS22,213 Mil. Therefore, Compania Introductora de Buenos Aires's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 8.03%.

The historical rank and industry rank for Compania Introductora de Buenos Aires's Return-on-Tangible-Asset or its related term are showing as below:

BUE:INTR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.39   Med: 6.08   Max: 21.97
Current: -1.49

During the past 13 years, Compania Introductora de Buenos Aires's highest Return-on-Tangible-Asset was 21.97%. The lowest was -5.39%. And the median was 6.08%.

BUE:INTR's Return-on-Tangible-Asset is ranked worse than
75.32% of 1900 companies
in the Consumer Packaged Goods industry
Industry Median: 3.19 vs BUE:INTR: -1.49

Compania Introductora de Buenos Aires Return-on-Tangible-Asset Historical Data

The historical data trend for Compania Introductora de Buenos Aires'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.

* Premium members only.

Compania Introductora de Buenos Aires Return-on-Tangible-Asset Chart

Compania Introductora de Buenos Aires Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.26 5.89 2.50 2.57 -5.39

Compania Introductora de Buenos Aires Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.68 -4.63 -17.24 -1.35 8.03

Competitive Comparison of Compania Introductora de Buenos Aires's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Compania Introductora de Buenos Aires'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.


Compania Introductora de Buenos Aires's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Compania Introductora de Buenos Aires's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Compania Introductora de Buenos Aires's Return-on-Tangible-Asset falls into.



Compania Introductora de Buenos Aires Return-on-Tangible-Asset Calculation

Compania Introductora de Buenos Aires's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-703.892/( (13351.715+12755.735)/ 2 )
=-703.892/13053.725
=-5.39 %

Compania Introductora de Buenos Aires's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=1783.004/( (17975.557+26451.212)/ 2 )
=1783.004/22213.3845
=8.03 %

* 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 (Dec. 2023) net income data.


Compania Introductora de Buenos Aires  (BUE:INTR) 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.


Compania Introductora de Buenos Aires Return-on-Tangible-Asset Related Terms

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Compania Introductora de Buenos Aires (BUE:INTR) Business Description

Traded in Other Exchanges
N/A
Address
Chile 778, Buenos Aires, ARG
Compania Introductora de Buenos Aires SA operates in the packaged food industry. The company industrializes and commercializes table salt, flavour seasonings, vinegar, olive oil, ketchup, soy sauce and syrups for households. It is also present in the industrial market, offering its products to companies that process food, textile companies and petrochemicals among others.

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