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Move (FRA:HMZN) Return-on-Tangible-Asset : -20.31% (As of Sep. 2014)


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What is Move 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. Move's annualized Net Income for the quarter that ended in Sep. 2014 was €-26.8 Mil. Move's average total tangible assets for the quarter that ended in Sep. 2014 was €131.9 Mil. Therefore, Move's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 was -20.31%.

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

FRA:HMZN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -269.37   Med: -6.49   Max: 9.6
Current: -11.68

During the past 13 years, Move's highest Return-on-Tangible-Asset was 9.60%. The lowest was -269.37%. And the median was -6.49%.

FRA:HMZN's Return-on-Tangible-Asset is not ranked
in the Interactive Media industry.
Industry Median: -1.945 vs FRA:HMZN: -11.68

Move Return-on-Tangible-Asset Historical Data

The historical data trend for Move'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.

Move Return-on-Tangible-Asset Chart

Move Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.47 -6.85 4.29 5.44 0.46

Move Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.44 0.16 -12.07 -14.72 -20.31

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

For the Internet Content & Information subindustry, Move'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.


Move's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Move's Return-on-Tangible-Asset distribution charts can be found below:

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



Move Return-on-Tangible-Asset Calculation

Move's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2013 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=0.419/( (56.285+124.652)/ 2 )
=0.419/90.4685
=0.46 %

Move's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=-26.788/( (127.988+135.825)/ 2 )
=-26.788/131.9065
=-20.31 %

* 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 (Sep. 2014) net income data.


Move  (FRA:HMZN) 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.


Move Return-on-Tangible-Asset Related Terms

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


Move (FRA:HMZN) Business Description

Traded in Other Exchanges
N/A
Address
Move, Inc. was incorporated in the State of Delaware in 1993 under the name of InfoTouch Corporation. The Company and its subsidiaries operate an online network of websites for real estate information marketplace connecting consumers with the information and the expertise they need to make informed home buying, selling, financing and renting decisions. It provides consumers with a powerful combination of breadth, depth and accuracy of information about homes for sale, new construction, homes for rent, multi-family rental properties, senior living communities, home financing, home improvement and moving resources. Its flagship consumer web sites are REALTOR.com, Move.com and Moving.comTM. The Company also supplies management software and marketing services for real estate agents and brokers through its Top Producer and TigerLead businesses. The Company categorizes its products and services into two groups: Consumer Advertising and Software and Services. The Company's Consumer Advertising products are focused on providing real estate consumers with the information, tools and professional expertise they need to make informed home buying, selling, financing and renting decisions through its operation of realtor.com and other consumer-facing web sites. Realtor.com is the official web site of the National Association of Realtors (the "NAR"), the largest trade association in the U.S. that represents residential and commercial real estate professionals, including brokers, agents, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. The Company's Software and Services products are committed to delivering valuable connections to real estate professionals by providing them with advertising systems, productivity and management tools, and reporting with the goal of helping to make them more successful. It separately operates several other websites providing single family and multi-family rental listings, senior housing and moving-related content and services to its consumer audience. Realtor.com competes in a highly fragmented and highly complex local real estate marketplace. Competition within realtor.com falls into two general categories: (i) online real estate media companies; and (ii) offline advertising offerings, including newspaper classifieds, direct mail and other traditional offline media. The Company has nine patents issued in the U.S.

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