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Misr Beni Suef Cement (Lafarge) (CAI:MBSC) Return-on-Tangible-Asset : 19.44% (As of Dec. 2023)


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What is Misr Beni Suef Cement (Lafarge) 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. Misr Beni Suef Cement (Lafarge)'s annualized Net Income for the quarter that ended in Dec. 2023 was E£369 Mil. Misr Beni Suef Cement (Lafarge)'s average total tangible assets for the quarter that ended in Dec. 2023 was E£1,899 Mil. Therefore, Misr Beni Suef Cement (Lafarge)'s annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 19.44%.

The historical rank and industry rank for Misr Beni Suef Cement (Lafarge)'s Return-on-Tangible-Asset or its related term are showing as below:

CAI:MBSC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.63   Med: 6.58   Max: 19.44
Current: 19.44

During the past 7 years, Misr Beni Suef Cement (Lafarge)'s highest Return-on-Tangible-Asset was 19.44%. The lowest was -6.63%. And the median was 6.58%.

CAI:MBSC's Return-on-Tangible-Asset is ranked better than
97.77% of 404 companies
in the Building Materials industry
Industry Median: 2.75 vs CAI:MBSC: 19.44

Misr Beni Suef Cement (Lafarge) Return-on-Tangible-Asset Historical Data

The historical data trend for Misr Beni Suef Cement (Lafarge)'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.

Misr Beni Suef Cement (Lafarge) Return-on-Tangible-Asset Chart

Misr Beni Suef Cement (Lafarge) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial 6.17 6.58 8.23 -6.63 19.44

Misr Beni Suef Cement (Lafarge) Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial 6.17 6.58 8.23 -6.63 19.44

Competitive Comparison of Misr Beni Suef Cement (Lafarge)'s Return-on-Tangible-Asset

For the Building Materials subindustry, Misr Beni Suef Cement (Lafarge)'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.


Misr Beni Suef Cement (Lafarge)'s Return-on-Tangible-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Misr Beni Suef Cement (Lafarge)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Misr Beni Suef Cement (Lafarge)'s Return-on-Tangible-Asset falls into.


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Misr Beni Suef Cement (Lafarge) Return-on-Tangible-Asset Calculation

Misr Beni Suef Cement (Lafarge)'s annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=369.102/( (2332.261+1465.534)/ 2 )
=369.102/1898.8975
=19.44 %

Misr Beni Suef Cement (Lafarge)'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: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=369.102/( (2332.261+1465.534)/ 2 )
=369.102/1898.8975
=19.44 %

* 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 one times the annual (Dec. 2023) net income data.


Misr Beni Suef Cement (Lafarge)  (CAI:MBSC) 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.


Misr Beni Suef Cement (Lafarge) Return-on-Tangible-Asset Related Terms

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Misr Beni Suef Cement (Lafarge) Business Description

Traded in Other Exchanges
N/A
Address
14 El Marwa Street, Behind El Maadi Towers (Othman Towers) Corniche, Beside Family Cinema, Maadi - Cairo, EGY
Misr Beni Suef Cement (Lafarge) SA manufactures construction materials. It produces and sells Portland cement, clinker, and related materials in Egypt. The company offers its cement packed as bulk cement or bagged cement.

Misr Beni Suef Cement (Lafarge) Headlines

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