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FA (First Advantage) Return-on-Tangible-Asset : -20.61% (As of Mar. 2025)


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What is First Advantage 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. First Advantage's annualized Net Income for the quarter that ended in Mar. 2025 was $-165 Mil. First Advantage's average total tangible assets for the quarter that ended in Mar. 2025 was $799 Mil. Therefore, First Advantage's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -20.61%.

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

FA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.83   Med: 9.76   Max: 35.97
Current: -23.83

During the past 13 years, First Advantage's highest Return-on-Tangible-Asset was 35.97%. The lowest was -23.83%. And the median was 9.76%.

FA's Return-on-Tangible-Asset is ranked worse than
92.32% of 1081 companies
in the Business Services industry
Industry Median: 3.68 vs FA: -23.83

First Advantage Return-on-Tangible-Asset Historical Data

The historical data trend for First Advantage'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.

First Advantage Return-on-Tangible-Asset Chart

First Advantage Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.92 9.76 6.42 -17.28

First Advantage 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 -2.45 1.51 -6.85 -59.76 -20.61

Competitive Comparison of First Advantage's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, First Advantage'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.


First Advantage's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Advantage's Return-on-Tangible-Asset distribution charts can be found below:

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


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First Advantage Return-on-Tangible-Asset Calculation

First Advantage'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 )
=-110.273/( (465.986+810.417)/ 2 )
=-110.273/638.2015
=-17.28 %

First Advantage'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 )
=-164.776/( (810.417+788.316)/ 2 )
=-164.776/799.3665
=-20.61 %

* 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.


First Advantage  (NAS:FA) 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.


First Advantage Return-on-Tangible-Asset Related Terms

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


First Advantage Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway NE, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a provider of employment background screening and verification solutions. Its reportable segments are First Advantage Americas, First Advantage International, and Sterling. Maximum revenue is generated from the First Advantage Americas segment, which performs various background checks and compliance services across all phases of the workforce lifecycle, from pre-onboarding services to post-onboarding and ongoing monitoring services, covering employees, contractors, contingent workers, tenants, and drivers. The company delivers solutions across multiple industry verticals in the United States, Canada, and Latin America. Geographically, it derives key revenue from the United States.
Executives
Bret T Jardine officer: See Remarks 100 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Steven Irwin Marks officer: Chief Accounting Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Joseph K. Jaeger officer: President, Americas C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
James Lindsey Clark director 1819 DANFORTH DRIVE, MARIETTA GA 30062
Silver Lake Group, L.l.c. director, 10 percent owner 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joelle M Smith officer: See Remarks C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Bridgett R Price director C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Slta V (gp), L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Scott Staples director, officer: Chief Executive Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
David L Gamsey officer: EVP & Chief Financial Officer
Slp Fastball Aggregator, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Aggregator Gp, L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Bianca Stoica director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joseph Osnoss director C/O SILVER LAKE EUROPE LLP, BROADBENT HOUSE, 65 GROSVENOR STREET, LONDON X0 W1K 3JH