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Comtech Telecommunications (FRA:CC6) Return-on-Tangible-Asset : 34.64% (As of Apr. 2025)


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What is Comtech Telecommunications 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. Comtech Telecommunications's annualized Net Income for the quarter that ended in Apr. 2025 was €120.8 Mil. Comtech Telecommunications's average total tangible assets for the quarter that ended in Apr. 2025 was €348.8 Mil. Therefore, Comtech Telecommunications's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2025 was 34.64%.

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

FRA:CC6' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -62.48   Med: -0.1   Max: 10.04
Current: -62.48

During the past 13 years, Comtech Telecommunications's highest Return-on-Tangible-Asset was 10.04%. The lowest was -62.48%. And the median was -0.10%.

FRA:CC6's Return-on-Tangible-Asset is ranked worse than
96.17% of 2456 companies
in the Hardware industry
Industry Median: 2.49 vs FRA:CC6: -62.48

Comtech Telecommunications Return-on-Tangible-Asset Historical Data

The historical data trend for Comtech Telecommunications'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.

Comtech Telecommunications Return-on-Tangible-Asset Chart

Comtech Telecommunications Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 -20.20 -9.40 -6.44 -23.59

Comtech Telecommunications Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 2.51 -81.96 -142.07 -51.09 34.64

Competitive Comparison of Comtech Telecommunications's Return-on-Tangible-Asset

For the Communication Equipment subindustry, Comtech Telecommunications'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.


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

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

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


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Comtech Telecommunications Return-on-Tangible-Asset Calculation

Comtech Telecommunications's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=-92.186/( (382.065+399.619)/ 2 )
=-92.186/390.842
=-23.59 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=120.804/( (369.731+327.85)/ 2 )
=120.804/348.7905
=34.64 %

* 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 (Apr. 2025) net income data.


Comtech Telecommunications  (FRA:CC6) 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.


Comtech Telecommunications Return-on-Tangible-Asset Related Terms

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


Comtech Telecommunications Business Description

Traded in Other Exchanges
Address
305 North 54th Street, Chandler, AZ, USA, 85226
Comtech Telecommunications Corp is a provider of modern communications solution incorporated in USA. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. It's Space and satellite is USA based providers of modems and high-power amplifiers, a market leader in troposcatter technologies, and serves some of the world's defense contractors and allied foreign governments. Terrestrial and Wireless Networks segment is a provider of next generation 911 infrastructure and solutions for state and local governments and carriers. Majority of sales are generated from Satellite and Space Communications segment.

Comtech Telecommunications Headlines

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