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ELA (Envela) Return-on-Tangible-Asset : 14.02% (As of Mar. 2025)


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What is Envela 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. Envela's annualized Net Income for the quarter that ended in Mar. 2025 was $10.0 Mil. Envela's average total tangible assets for the quarter that ended in Mar. 2025 was $71.1 Mil. Therefore, Envela's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 14.02%.

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

ELA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.58   Med: 12.61   Max: 27.83
Current: 10.68

During the past 13 years, Envela's highest Return-on-Tangible-Asset was 27.83%. The lowest was -27.58%. And the median was 12.61%.

ELA's Return-on-Tangible-Asset is ranked better than
86.42% of 1127 companies
in the Retail - Cyclical industry
Industry Median: 2.35 vs ELA: 10.68

Envela Return-on-Tangible-Asset Historical Data

The historical data trend for Envela'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.

Envela Return-on-Tangible-Asset Chart

Envela 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 21.84 23.28 27.83 11.19 10.00

Envela Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.62 9.49 9.99 9.17 14.02

Competitive Comparison of Envela's Return-on-Tangible-Asset

For the Luxury Goods subindustry, Envela'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.


Envela's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

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

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


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Envela Return-on-Tangible-Asset Calculation

Envela'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 )
=6.757/( (65.053+70.151)/ 2 )
=6.757/67.602
=10.00 %

Envela's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=9.972/( (70.151+72.127)/ 2 )
=9.972/71.139
=14.02 %

* 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.


Envela  (AMEX:ELA) 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.


Envela Return-on-Tangible-Asset Related Terms

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


Envela Business Description

Traded in Other Exchanges
N/A
Address
1901 Gateway Drive, Suite 100, Irving, TX, USA, 75038
Envela Corp is a provider of recycling and re-commerce services at the forefront of the circular economy. These include re-commercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. It operates through two segments, Consumer, and Commercial Services. The Consumer segment which generates key revenue for the company predominantly buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver, and other precious metals. The Commercial Services segment provides asset-disposition solutions to government agencies, middle-market firms, corporations, and other organizations.
Executives
Allison M Destefano director 5353 KELLER SPRINGS, #2221, DALLAS TX 75248
Bret Allen Pedersen officer: CHIEF FINANCIAL OFFICER 13022 PRESTON RD, DALLAS TX 75240
Richard D Schepp director C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051
James R Ruth director 1337 EAGLE BEND DRIVE, SOUTHLAKE TX 76092
Alexandra C Griffin director 2500 MCKINNEY AVE., #839, DALLAS TX 75201
Joel S Friedman director 11527 ASHLEY LANE, FRISCO TX 75035
Eduro Holdings, Llc 10 percent owner 38660 SUSSEX HWY., BLDG 10, #102, DELMAR DE 19940-3529
John Richardson Loftus director, 10 percent owner, officer: Chairman, President & CEO 13022 PRESTON RD, DALLAS TX 75240
Truscott Capital, Llc 10 percent owner 40 E. MAIN STREET, SUITE 626, NEWARK DE 19711
Ntr Metals, Llc 10 percent owner 10720 COMPOSITE DRIVE, DALLAS TX 75220
Elemetal, Llc 10 percent owner 15850 DALLAS PARKWAY, DALLAS TX 75248
Stephen Raymond Patterson officer: Acting Chief Financial Officer 15850 DALLAS PARKWAY, SUITE 140, DALLAS TX 75248
William E Leroy director 15850 DALLAS PARKWAY, SUITE 140, DALLAS TX 75248
Michael J. Noel director 724 LEXINGTON AVE, COPPELL TX 75019
Nabil J. Lopez director, officer: Chief Financial Officer 15850 DALLAS PARKWAY, SUITE 140, DALLAS TX 75248