What is Penske Automotive Group 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. Penske Automotive Group's annualizedNet Income for the quarter that ended in Mar. 2025 was €904 Mil. Penske Automotive Group's average total tangible assets for the quarter that ended in Mar. 2025 was €12,632 Mil. Therefore, Penske Automotive Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 7.16%.
The historical rank and industry rank for Penske Automotive Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:UA9'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.33 Med: 6.29 Max: 12.56
Current: 7.09
During the past 13 years, Penske Automotive Group's highest Return-on-Tangible-Asset was 12.56%. The lowest was 4.33%. And the median was 6.29%.
FRA:UA9's Return-on-Tangible-Asset is ranked better than 77.88% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 3.12
vs FRA:UA9: 7.09
Penske Automotive Group Return-on-Tangible-Asset Historical Data
The historical data trend for Penske Automotive Group'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.
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Penske Automotive Group Return-on-Tangible-Asset Chart
Competitive Comparison of Penske Automotive Group's Return-on-Tangible-Asset
For the Auto & Truck Dealerships subindustry, Penske Automotive Group'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.
Penske Automotive Group's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Penske Automotive Group'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 four times the quarterly (Mar. 2025) net income data.
Penske Automotive Group (FRA:UA9) 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 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.
Penske Automotive Group Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Penske Automotive Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Penske Automotive Group operates in 19 US states and overseas. It has over 150 US and Puerto Rico light-vehicle stores as well as 210 franchised dealerships overseas, primarily in the United Kingdom but also in Australia, Germany, Italy, and Japan. The company is the third-largest US publicly traded dealership in terms of light-vehicle revenue and sells more than 40 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other segments are service and finance and insurance. The firm's Premier Truck Group owns 45 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 16 used-vehicle stores, mostly in the US and UK under the CarShop (US) and Sytner Select (UK) brands. Penske is based in Bloomfield Hills, Michigan.
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