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Genuit Group (CHIX:GENL) Return-on-Tangible-Asset : 12.33% (As of Dec. 2024)


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What is Genuit 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. Genuit Group's annualized Net Income for the quarter that ended in Dec. 2024 was £50.2 Mil. Genuit Group's average total tangible assets for the quarter that ended in Dec. 2024 was £407.2 Mil. Therefore, Genuit Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 12.33%.

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

CHIX:GENl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.22   Med: 13.17   Max: 21.14
Current: 8.4

During the past 13 years, Genuit Group's highest Return-on-Tangible-Asset was 21.14%. The lowest was 6.22%. And the median was 13.17%.

CHIX:GENl's Return-on-Tangible-Asset is ranked better than
82.61% of 1737 companies
in the Construction industry
Industry Median: 2.69 vs CHIX:GENl: 8.40

Genuit Group Return-on-Tangible-Asset Historical Data

The historical data trend for Genuit 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.

Genuit Group Return-on-Tangible-Asset Chart

Genuit Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.22 11.90 9.17 9.68 8.43

Genuit Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.54 11.18 7.57 4.29 12.33

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

For the Building Products & Equipment subindustry, Genuit 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.


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

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

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


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Genuit Group Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=33.5/( (382+412.8)/ 2 )
=33.5/397.4
=8.43 %

Genuit Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=50.2/( (401.5+412.8)/ 2 )
=50.2/407.15
=12.33 %

* 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 (Dec. 2024) net income data.


Genuit Group  (CHIX:GENl) 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.


Genuit Group Return-on-Tangible-Asset Related Terms

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Genuit Group Business Description

Traded in Other Exchanges
Address
4 Victoria Place, Holbeck, Leeds, GBR, LS11 5AE
Genuit Group PLC develops plastic piping and energy ventilation systems for residential, commercial, and infrastructure sectors. The company has three reporting segments: Sustainable Building Solutions (SBS), Water Management Solutions (WMS), and Climate Management Solutions (CMS). The group derives its revenue from Sustainable Building Solutions. Its geographic areas are the Rest of Europe, the Rest of World, and the UK. It generates the majority of its revenue from the UK.

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