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Control4 (FRA:C47) Return-on-Tangible-Asset : -3.85% (As of Mar. 2019)


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What is Control4 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. Control4's annualized Net Income for the quarter that ended in Mar. 2019 was €-7.0 Mil. Control4's average total tangible assets for the quarter that ended in Mar. 2019 was €181.2 Mil. Therefore, Control4's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2019 was -3.85%.

The historical rank and industry rank for Control4's Return-on-Tangible-Asset or its related term are showing as below:

FRA:C47's Return-on-Tangible-Asset is not ranked *
in the Hardware industry.
Industry Median: 2.37
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Control4 Return-on-Tangible-Asset Historical Data

The historical data trend for Control4'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.

Control4 Return-on-Tangible-Asset Chart

Control4 Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 6.53 -1.28 9.63 10.07 23.67

Control4 Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 2.34 16.70 12.99 62.95 -3.85

Competitive Comparison of Control4's Return-on-Tangible-Asset

For the Electronic Components subindustry, Control4'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.


Control4's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Control4's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Control4's Return-on-Tangible-Asset falls into.



Control4 Return-on-Tangible-Asset Calculation

Control4's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=38.535/( (140.734+184.913)/ 2 )
=38.535/162.8235
=23.67 %

Control4's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2019 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=-6.972/( (184.913+177.5)/ 2 )
=-6.972/181.2065
=-3.85 %

* 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. 2019) net income data.


Control4  (FRA:C47) 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.


Control4 Return-on-Tangible-Asset Related Terms

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Control4 (FRA:C47) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11734 South Election Road, Salt Lake City, UT, USA, 84020
Control4 Corp provides solutions and products for the home improvement market. Its products comprise entertainment, smart lighting, comfort and convenience, safety and security and networking. The firm also offers products such as controllers, in-wall touch screens, amplifiers, switches, dimmers, speaker points, locks and receivers.

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