What is Casino Guichard-Perrachon 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. Casino Guichard-Perrachon's annualizedNet Income for the quarter that ended in Jun. 2024 was €78 Mil. Casino Guichard-Perrachon's average total tangible assets for the quarter that ended in Jun. 2024 was €11,326 Mil. Therefore, Casino Guichard-Perrachon's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 0.69%.
The historical rank and industry rank for Casino Guichard-Perrachon's Return-on-Tangible-Asset or its related term are showing as below:
FRA:CAJ1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.19 Med: -0.91 Max: 9.71
Current: -26.06
During the past 13 years, Casino Guichard-Perrachon's highest Return-on-Tangible-Asset was 9.71%. The lowest was -30.19%. And the median was -0.91%.
FRA:CAJ1's Return-on-Tangible-Asset is ranked worse than 94.64% of 317
companies
in the Retail - Defensive industry
Industry Median: 4.34
vs FRA:CAJ1: -26.06
Casino Guichard-Perrachon Return-on-Tangible-Asset Historical Data
The historical data trend for Casino Guichard-Perrachon'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.
Competitive Comparison of Casino Guichard-Perrachon's Return-on-Tangible-Asset
For the Grocery Stores subindustry, Casino Guichard-Perrachon'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.
Casino Guichard-Perrachon's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Casino Guichard-Perrachon's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Casino Guichard-Perrachon'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 (Jun. 2024) net income data.
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.
Casino Guichard-Perrachon Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Casino Guichard-Perrachon's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Casino Guichard-Perrachon SA is a multiformat retailer with a focused exposure on France and Latin America. The Group's reportable segments are as follows: Casino convenience banners: mainly comprising the Le Petit Casino, Vival, Spar and Sherpa retail banners; Monoprix: mainly comprising the Monoprix, Monop and Naturalia retail banners; Franprix: mainly comprising the Franprix and Le Marche da Cote retail banners; E-commerce: comprising Cdiscount and the Cnova NV holding company; and Other: segment comprising the activities not allocated to any of the other reportable segments, including real estate activities.
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