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Impax Environmental Markets (CHIX:IEML) Return-on-Tangible-Asset : -0.83% (As of Dec. 2024)


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What is Impax Environmental Markets 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. Impax Environmental Markets's annualized Net Income for the quarter that ended in Dec. 2024 was £-9.70 Mil. Impax Environmental Markets's average total tangible assets for the quarter that ended in Dec. 2024 was £1,162.34 Mil. Therefore, Impax Environmental Markets's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -0.83%.

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

CHIX:IEMl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.67   Med: 9.16   Max: 28
Current: -1.7

During the past 13 years, Impax Environmental Markets's highest Return-on-Tangible-Asset was 28.00%. The lowest was -15.67%. And the median was 9.16%.

CHIX:IEMl's Return-on-Tangible-Asset is ranked worse than
79.07% of 1682 companies
in the Asset Management industry
Industry Median: 4.285 vs CHIX:IEMl: -1.70

Impax Environmental Markets Return-on-Tangible-Asset Historical Data

The historical data trend for Impax Environmental Markets'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.

Impax Environmental Markets Return-on-Tangible-Asset Chart

Impax Environmental Markets 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 26.24 17.95 -15.67 3.67 -1.70

Impax Environmental Markets 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 4.55 6.51 0.75 -2.51 -0.83

Competitive Comparison of Impax Environmental Markets's Return-on-Tangible-Asset

For the Asset Management subindustry, Impax Environmental Markets'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.


Impax Environmental Markets's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Impax Environmental Markets's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Impax Environmental Markets's Return-on-Tangible-Asset falls into.


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Impax Environmental Markets Return-on-Tangible-Asset Calculation

Impax Environmental Markets'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 )
=-20.646/( (1313.442+1116.699)/ 2 )
=-20.646/1215.0705
=-1.70 %

Impax Environmental Markets'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 )
=-9.702/( (1207.973+1116.699)/ 2 )
=-9.702/1162.336
=-0.83 %

* 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.


Impax Environmental Markets  (CHIX:IEMl) 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.


Impax Environmental Markets Return-on-Tangible-Asset Related Terms

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


Impax Environmental Markets Business Description

Traded in Other Exchanges
Address
140 Aldersgate Street, 4th Floor, London, GBR, EC1A 4HY
Impax Environmental Markets PLC is an investment trust company that is engaged in portfolio management. The company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water, and waste. It invests in quoted companies that provide, utilize, implement, or advise upon technology-based systems, products, or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.

Impax Environmental Markets Headlines

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