Ermes Department Stores (CYS:ERME) Return-on-Tangible-Asset: 23.90% (As of Jun. 2025)

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What is Ermes Department Stores Return-on-Tangible-Asset?

Ermes Department Stores CYS:ERME Return-on-Tangible-Asset is 23.90% as of Jun. 2025. The stock has 4 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Ermes Department Stores ranks better than 70.54% on this metric.

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. Ermes Department Stores's annualized Net Income for the quarter that ended in Jun. 2025 was €30.69 Mil. Ermes Department Stores's average total tangible assets for the quarter that ended in Jun. 2025 was €128.43 Mil. Therefore, Ermes Department Stores's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 23.90%.

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

CYS:ERME' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.95   Med: -3.17   Max: 6.57
Current: 6.57

During the past 13 years, Ermes Department Stores's highest Return-on-Tangible-Asset was 6.57%. The lowest was -19.95%. And the median was -3.17%.

CYS:ERME's Return-on-Tangible-Asset is ranked better than
70.54% of 1137 companies
in the Retail - Cyclical industry
Industry Median: 2.93 vs CYS:ERME: 6.57

Ermes Department Stores  (CYS:ERME) 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.


Ermes Department Stores Return-on-Tangible-Asset Related Terms


Ermes Department Stores Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ermes Department Stores'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.

Ermes Department Stores Return-on-Tangible-Asset Chart

Ermes Department Stores 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 -1.54 -2.18 -2.55 -1.83 -4.56

Ermes Department Stores Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -1.34 -2.31 -1.94 -7.11 23.90

CYS:ERME vs DDS, M: Return-on-Tangible-Asset Comparison

For the Department Stores subindustry, Ermes Department Stores'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.


Ermes Department Stores Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ermes Department Stores's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Ermes Department Stores's Return-on-Tangible-Asset falls into.



Ermes Department Stores Return-on-Tangible-Asset Calculation

Ermes Department Stores'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 )
=-7.659/( (163.343+172.871)/ 2 )
=-7.659/168.107
=-4.56 %

Ermes Department Stores's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=30.694/( (172.871+83.984)/ 2 )
=30.694/128.4275
=23.90 %

* 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 (Jun. 2025) net income data.

What does a Return-on-Tangible-Asset of 23.90% mean?
Ermes Department Stores (CYS:ERME) has a Return-on-Tangible-Asset of 23.90% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ermes Department Stores and its competitors. According to the industry distribution chart, Ermes Department Stores ranks #335 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 29.5%.
Is Ermes Department Stores' Return-on-Tangible-Asset too high?
Ermes Department Stores' current Return-on-Tangible-Asset is 23.90%. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Ermes Department Stores' value of 23.90% is 715.7% above this industry median. Based on the distribution chart, Ermes Department Stores ranks #335 out of 1137 companies in the Retail - Cyclical industry, which is above the industry midpoint.
How does Ermes Department Stores' Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Ermes Department Stores ranks #335 out of 1137 companies for Return-on-Tangible-Asset. This puts Ermes Department Stores in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Ermes Department Stores' value of 23.90% is 715.7% above this benchmark. 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,137 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. Ermes Department Stores's current Return-on-Tangible-Asset of 23.90% is 715.7% above the industry median. 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 Ermes Department Stores and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermes Department Stores's current Return-on-Tangible-Asset is 23.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermes Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Ermes Department Stores (CYS:ERME) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 55% above its estimated fair value. The current Return-on-Tangible-Asset is 23.90% and 715.7% above the Retail - Cyclical industry median of 2.93. 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 Ermes Department Stores (CYS:ERME), the current Return-on-Tangible-Asset is 23.90% as of Jun. 2025. 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.

Ermes Department Stores Business Description

Address Mansion, Old Nicosia - Limassol Road, Shacolas, Athalassa, Nicosia, CYP, 1584
Ermes Department Stores PLC is engaged in operation of department stores. It sells fashion, cosmetics, toys, home goods and other goods and services for all ages and the family.