The historical rank and industry rank for Grounds Real Estate Development AG's Return-on-Tangible-Asset or its related term are showing as below:
FRA:AMM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -70.59 Med: 0.99 Max: 8.67
Current: -7.1
During the past 10 years, Grounds Real Estate Development AG's highest Return-on-Tangible-Asset was 8.67%. The lowest was -70.59%. And the median was 0.99%.
FRA:AMM's Return-on-Tangible-Asset is ranked worse than 88.04% of 1806
companies
in the Real Estate industry
Industry Median: 1.4
vs FRA:AMM: -7.10
Grounds Real Estate Development AG Return-on-Tangible-Asset Historical Data
* 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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Grounds Real Estate Development AG Return-on-Tangible-Asset Chart
Competitive Comparison of Grounds Real Estate Development AG's Return-on-Tangible-Asset
For the Real Estate Services subindustry, Grounds Real Estate Development AG'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.
Grounds Real Estate Development AG's Return-on-Tangible-Asset Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Grounds Real Estate Development AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Grounds Real Estate Development AG'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 two times the semi-annual (Dec. 2024) net income data.
Grounds Real Estate Development AG (FRA:AMM) 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.
Grounds Real Estate Development AG Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Grounds Real Estate Development AG's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Grounds Real Estate Development AG Business Description
Grounds Real Estate Development AG carries out housing projects in German metropolitan regions. Its business activities cover three core areas, including the company's plan to establish its property portfolio for long-term rental income, which is referred to as the portfolio management business. the company also works to develop the existing properties and sell them as part-ownership, known as the privatization business. Additionally, planning to construct new housing and sell it to institutional investors, capital investors, and owner-occupiers. This is referred to as the project development business. The group's primary sources of income are the construction work on project developments, privatization income, and rental income from existing properties.
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