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. CDTi Advanced Materials's annualizedNet Income for the quarter that ended in Sep. 2018 was $-5.63 Mil. CDTi Advanced Materials's average total tangible assets for the quarter that ended in Sep. 2018 was $6.58 Mil. Therefore, CDTi Advanced Materials's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 was -85.54%.
The historical rank and industry rank for CDTi Advanced Materials's Return-on-Tangible-Asset or its related term are showing as below:
CDTI's Return-on-Tangible-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 3.12 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
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.
CDTi Advanced Materials Return-on-Tangible-Asset Related Terms
CDTi Advanced Materials Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CDTi Advanced Materials'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.
CDTI vs CSHEF, AMTY, OMTK: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, CDTi Advanced Materials'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.
CDTi Advanced Materials Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CDTi Advanced Materials's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CDTi Advanced Materials'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 (Sep. 2018) net income data.
What does a Return-on-Tangible-Asset of -85.54% mean?
CDTi Advanced Materials (CDTI) has a Return-on-Tangible-Asset of -85.54% as of Sep. 2018. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CDTi Advanced Materials and its competitors.
Is CDTi Advanced Materials' Return-on-Tangible-Asset too high?
CDTi Advanced Materials' current Return-on-Tangible-Asset is -85.54%.
How does CDTi Advanced Materials' Return-on-Tangible-Asset compare to CSHEF and AMTY?
CDTi Advanced Materials' Return-on-Tangible-Asset of -85.54% can be compared against companies in the Vehicles & Parts industry. The industry median Return-on-Tangible-Asset is 3.12. 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.12, based on 1,333 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 CDTi Advanced Materials and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDTi Advanced Materials's current Return-on-Tangible-Asset is -85.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDTi Advanced Materials stock overvalued right now?
CDTi Advanced Materials (CDTI) has a current Return-on-Tangible-Asset of -85.54%. The current Return-on-Tangible-Asset is -85.54%. 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 CDTi Advanced Materials (CDTI), the current Return-on-Tangible-Asset is -85.54% as of Sep. 2018. 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.
CDTi Advanced Materials Inc is a catalyst and coating technology company. It provides catalyst and catalyst coating products and services to a broad array of end user markets. Its products are used by customers to reduce emissions, increase fuel efficiency and to support the development of decarbonization technologies. It is active in three main business areas Emission systems includes diesel particulate filters (DPF) and diesel oxidation catalysts, Fuel Borne Catalyst includes a range of fuel additive products for on and offroad vehicles and equipment powered by diesel engines. CDTi sells its FBC products to distributors both as CDTi branded products and as private label products.
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