CZOOF (Cazoo Group) Return-on-Tangible-Asset: -45.23% (As of Jun. 2023)

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What is Cazoo Group Return-on-Tangible-Asset?

Cazoo Group CZOOF -99.00% Return-on-Tangible-Asset is -45.23% as of Jun. 2023.

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. Cazoo Group's annualized Net Income for the quarter that ended in Jun. 2023 was $-380 Mil. Cazoo Group's average total tangible assets for the quarter that ended in Jun. 2023 was $840 Mil. Therefore, Cazoo Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2023 was -45.23%.

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

CZOOF's Return-on-Tangible-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 3.13
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Cazoo Group  (OTCPK:CZOOF) 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.


Cazoo Group Return-on-Tangible-Asset Related Terms


Cazoo Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cazoo 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.

Cazoo Group Return-on-Tangible-Asset Chart

Cazoo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
-17.35 -35.29 -77.40 -76.05

Cazoo Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Asset Get a 7-Day Free Trial -46.47 -129.91 -42.99 -87.35 -45.23

CZOOF vs CTNT, JZXN, SFTGQ: Return-on-Tangible-Asset Comparison

For the Auto & Truck Dealerships subindustry, Cazoo 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.


Cazoo Group Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cazoo Group's Return-on-Tangible-Asset distribution charts can be found below:

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



Cazoo Group Return-on-Tangible-Asset Calculation

Cazoo Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-857.35/( (1221.11+1033.538)/ 2 )
=-857.35/1127.324
=-76.05 %

Cazoo Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-379.758/( (1033.538+645.661)/ 2 )
=-379.758/839.5995
=-45.23 %

* 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. 2023) net income data.

What does a Return-on-Tangible-Asset of -45.23% mean?
Cazoo Group (CZOOF) has a Return-on-Tangible-Asset of -45.23% as of Jun. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cazoo Group and its competitors.
Is Cazoo Group's Return-on-Tangible-Asset too high?
Cazoo Group's current Return-on-Tangible-Asset is -45.23%.
How does Cazoo Group's Return-on-Tangible-Asset compare to CTNT and JZXN?
Cazoo Group's Return-on-Tangible-Asset of -45.23% can be compared against companies in the Vehicles & Parts industry. The industry median Return-on-Tangible-Asset is 3.13. 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,333 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. 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 Cazoo Group and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cazoo Group's current Return-on-Tangible-Asset is -45.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cazoo Group stock overvalued right now?
Cazoo Group (CZOOF) has a current Return-on-Tangible-Asset of -45.23%. The current Return-on-Tangible-Asset is -45.23%. 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 Cazoo Group (CZOOF), the current Return-on-Tangible-Asset is -45.23% as of Jun. 2023. 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.

Cazoo Group Business Description

Address 41 Chalton Street, London, GBR, NW1 1JD
Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.