GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Volution Group PLC (CHIX:FANl) » Definitions » Return-on-Tangible-Asset

Volution Group (CHIX:FANL) Return-on-Tangible-Asset : 18.67% (As of Jan. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Volution Group 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. Volution Group's annualized Net Income for the quarter that ended in Jan. 2025 was £37.7 Mil. Volution Group's average total tangible assets for the quarter that ended in Jan. 2025 was £202.0 Mil. Therefore, Volution Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was 18.67%.

The historical rank and industry rank for Volution Group's Return-on-Tangible-Asset or its related term are showing as below:

CHIX:FANl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.91   Med: 16.58   Max: 22.89
Current: 20.11

During the past 13 years, Volution Group's highest Return-on-Tangible-Asset was 22.89%. The lowest was 7.91%. And the median was 16.58%.

CHIX:FANl's Return-on-Tangible-Asset is ranked better than
97.06% of 1737 companies
in the Construction industry
Industry Median: 2.69 vs CHIX:FANl: 20.11

Volution Group Return-on-Tangible-Asset Historical Data

The historical data trend for Volution Group'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.

Volution Group Return-on-Tangible-Asset Chart

Volution Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.91 14.33 20.82 20.04 22.89

Volution Group Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 18.62 21.88 23.10 22.51 18.67

Competitive Comparison of Volution Group's Return-on-Tangible-Asset

For the Building Products & Equipment subindustry, Volution Group'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.


Volution Group's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Volution Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Volution Group's Return-on-Tangible-Asset falls into.


;
;

Volution Group Return-on-Tangible-Asset Calculation

Volution Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=42.797/( (191.91+182.073)/ 2 )
=42.797/186.9915
=22.89 %

Volution Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Jul. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Jul. 2024 )(Q: Jan. 2025 )
=37.702/( (182.073+221.907)/ 2 )
=37.702/201.99
=18.67 %

* 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 two times the semi-annual (Jan. 2025) net income data.


Volution Group  (CHIX:FANl) 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.


Volution Group Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Volution Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Volution Group Business Description

Traded in Other Exchanges
Address
Fleming Way, West Sussex, Crawley, GBR, RH10 9YX
Volution Group PLC supplies ventilation products to residential and commercial constructions. Its products are categorized into residential ventilation, commercial ventilation, other products, and Torin-Sifan. Some of its brands include Vent-Axia, Manrose, VoltAir, and Simx. The company operates in three segments: the United Kingdom, Continental Europe and Australasia. Nearly half of the revenue comes from the United Kingdom followed by Continental Europe.

Volution Group Headlines

No Headlines