DT.Eigenheim Union INH ON (FRA:JZ60) Return-on-Tangible-Asset: 3.23% (As of Jun. 2024)

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What is DT.Eigenheim Union INH ON Return-on-Tangible-Asset?

DT.Eigenheim Union INH ON FRA:JZ60 Return-on-Tangible-Asset is 3.23% as of Jun. 2024.

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. DT.Eigenheim Union INH ON's annualized Net Income for the quarter that ended in Jun. 2024 was €0.28 Mil. DT.Eigenheim Union INH ON's average total tangible assets for the quarter that ended in Jun. 2024 was €8.55 Mil. Therefore, DT.Eigenheim Union INH ON's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 3.23%.

The historical rank and industry rank for DT.Eigenheim Union INH ON's Return-on-Tangible-Asset or its related term are showing as below:

FRA:JZ60's Return-on-Tangible-Asset is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 3.365
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

DT.Eigenheim Union INH ON  (FRA:JZ60) 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.


DT.Eigenheim Union INH ON Return-on-Tangible-Asset Related Terms


DT.Eigenheim Union INH ON Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for DT.Eigenheim Union INH ON'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.

DT.Eigenheim Union INH ON Return-on-Tangible-Asset Chart

DT.Eigenheim Union INH ON Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Asset
-10.61 29.78 -184.54

DT.Eigenheim Union INH ON Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Asset Get a 7-Day Free Trial -16.49 65.13 -1.53 -246.84 3.23

FRA:JZ60 vs DHI, LEN, PHM: Return-on-Tangible-Asset Comparison

For the Residential Construction subindustry, DT.Eigenheim Union INH ON'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.


DT.Eigenheim Union INH ON Return-on-Tangible-Asset vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, DT.Eigenheim Union INH ON's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where DT.Eigenheim Union INH ON's Return-on-Tangible-Asset falls into.



DT.Eigenheim Union INH ON Return-on-Tangible-Asset Calculation

DT.Eigenheim Union INH ON's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-15.413/( (8.229+8.475)/ 2 )
=-15.413/8.352
=-184.54 %

DT.Eigenheim Union INH ON's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=0.276/( (8.475+8.626)/ 2 )
=0.276/8.5505
=3.23 %

* 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.

What does a Return-on-Tangible-Asset of 3.23% mean?
DT.Eigenheim Union INH ON (FRA:JZ60) has a Return-on-Tangible-Asset of 3.23% as of Jun. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on DT.Eigenheim Union INH ON and its competitors.
Is DT.Eigenheim Union INH ON's Return-on-Tangible-Asset too high?
DT.Eigenheim Union INH ON's current Return-on-Tangible-Asset is 3.23%. The Homebuilding & Construction industry median Return-on-Tangible-Asset is 3.37. DT.Eigenheim Union INH ON's value of 3.23% is 4% below this industry median.
How does DT.Eigenheim Union INH ON's Return-on-Tangible-Asset compare to DHI and LEN?
DT.Eigenheim Union INH ON's Return-on-Tangible-Asset of 3.23% can be compared against companies in the Homebuilding & Construction industry. The industry median Return-on-Tangible-Asset is 3.37. DT.Eigenheim Union INH ON's value of 3.23% is 4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Homebuilding & Construction company?
The median Return-on-Tangible-Asset among Homebuilding & Construction companies is 3.37, based on 94 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DT.Eigenheim Union INH ON's current Return-on-Tangible-Asset of 3.23% is 4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on DT.Eigenheim Union INH ON and its competitors. For the Homebuilding & Construction industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DT.Eigenheim Union INH ON's current Return-on-Tangible-Asset is 3.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DT.Eigenheim Union INH ON stock overvalued right now?
DT.Eigenheim Union INH ON (FRA:JZ60) has a current Return-on-Tangible-Asset of 3.23%. The current Return-on-Tangible-Asset is 3.23% and 4% below the Homebuilding & Construction industry median of 3.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For DT.Eigenheim Union INH ON (FRA:JZ60), the current Return-on-Tangible-Asset is 3.23% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DT.Eigenheim Union INH ON Business Description

Address Ringbahnstr. 16-20, Berlin, DEU, 12099
Die Eigenheim Union 1898 Beteiligungs AG provides real estate investment services, connecting investors with residential and commercial property projects. Its activities include facilitating investments and supporting asset management across selected properties and locations.