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.
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.
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. Tyco International's annualizedNet Income for the quarter that ended in Jun. 2016 was ARS13,365 Mil. Tyco International's average total tangible assets for the quarter that ended in Jun. 2016 was ARS88,279 Mil. Therefore, Tyco International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2016 was 15.14%.
The historical rank and industry rank for Tyco International's Return-on-Tangible-Asset or its related term are showing as below:
BUE:JCI's Return-on-Tangible-Asset is not ranked *
in the Business Services industry.
Industry Median: 3.98 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Tyco International (BUE:JCI) 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 companys 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 companys 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.
Tyco International Return-on-Tangible-Asset Related Terms
Tyco International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tyco International'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.
BUE:JCI vs ALLE, ADT, MSA: Return-on-Tangible-Asset Comparison
For the Security & Protection Services subindustry, Tyco International'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.
Tyco International Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Tyco International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tyco International's Return-on-Tangible-Asset falls into.
* 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. 2016) net income data.
What does a Return-on-Tangible-Asset of 15.14% mean?
Tyco International (BUE:JCI) has a Return-on-Tangible-Asset of 15.14% as of Jun. 2016. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tyco International and its competitors.
Is Tyco International's Return-on-Tangible-Asset too high?
Tyco International's current Return-on-Tangible-Asset is 15.14%. The Business Services industry median Return-on-Tangible-Asset is 3.98. Tyco International's value of 15.14% is 280.4% above this industry median.
How does Tyco International's Return-on-Tangible-Asset compare to ALLE and ADT?
Tyco International's Return-on-Tangible-Asset of 15.14% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Asset is 3.98. Tyco International's value of 15.14% is 280.4% 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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. Tyco International's current Return-on-Tangible-Asset of 15.14% is 280.4% 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 Tyco International and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tyco International's current Return-on-Tangible-Asset is 15.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tyco International stock overvalued right now?
Tyco International (BUE:JCI) has a current Return-on-Tangible-Asset of 15.14%. The current Return-on-Tangible-Asset is 15.14% and 280.4% above the Business Services industry median of 3.98. 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 Tyco International (BUE:JCI), the current Return-on-Tangible-Asset is 15.14% as of Jun. 2016. 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.
Tyco International PLC is a provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BUE:JCI has been successfully added to your 
