What is Commercial Vehicle 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. Commercial Vehicle Group's annualizedNet Income for the quarter that ended in Mar. 2025 was $-17.2 Mil. Commercial Vehicle Group's average total tangible assets for the quarter that ended in Mar. 2025 was $418.3 Mil. Therefore, Commercial Vehicle Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -4.12%.
The historical rank and industry rank for Commercial Vehicle Group's Return-on-Tangible-Asset or its related term are showing as below:
CVGI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.09 Med: 1.69 Max: 11
Current: -7.56
During the past 13 years, Commercial Vehicle Group's highest Return-on-Tangible-Asset was 11.00%. The lowest was -9.09%. And the median was 1.69%.
CVGI's Return-on-Tangible-Asset is ranked worse than 89.2% of 1324
companies
in the Vehicles & Parts industry
Industry Median: 3.06
vs CVGI: -7.56
Commercial Vehicle Group Return-on-Tangible-Asset Historical Data
The historical data trend for Commercial Vehicle 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.
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Commercial Vehicle Group Return-on-Tangible-Asset Chart
Competitive Comparison of Commercial Vehicle Group's Return-on-Tangible-Asset
For the Auto Parts subindustry, Commercial Vehicle 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.
Commercial Vehicle Group's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Commercial Vehicle Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Commercial Vehicle Group'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 (Mar. 2025) net income data.
Commercial Vehicle Group (NAS:CVGI) 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 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.
Commercial Vehicle Group Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Commercial Vehicle Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Commercial Vehicle Group Inc is a provider of systems, assemblies, and components to the commercial vehicle market and the electric vehicle markets. It delivers solutions to complex design, engineering, and manufacturing problems while creating positive change for customers, industries, and communities. Its operating segments are Vehicle Solutions, Electrical Systems, and Aftermarket and Accessories. The company makes the majority of its revenue from Vehicle Solutions. The group generates revenue from its products including seating systems, plastic components, electrical wire harnesses, mirrors, wipers, and other accessories. Its geographic regions are North America, Europe and Asia-Pacific.
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