GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Babcock & Wilcox Enterprises Inc (FRA:UBW1) » Definitions » Return-on-Tangible-Asset

Babcock & Wilcox Enterprises (FRA:UBW1) Return-on-Tangible-Asset : -10.54% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Babcock & Wilcox Enterprises 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. Babcock & Wilcox Enterprises's annualized Net Income for the quarter that ended in Mar. 2024 was €-61.9 Mil. Babcock & Wilcox Enterprises's average total tangible assets for the quarter that ended in Mar. 2024 was €587.9 Mil. Therefore, Babcock & Wilcox Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -10.54%.

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

FRA:UBW1' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -77.9   Med: -5.91   Max: 4.82
Current: -28.83

During the past 12 years, Babcock & Wilcox Enterprises's highest Return-on-Tangible-Asset was 4.82%. The lowest was -77.90%. And the median was -5.91%.

FRA:UBW1's Return-on-Tangible-Asset is ranked worse than
94.35% of 3024 companies
in the Industrial Products industry
Industry Median: 3.79 vs FRA:UBW1: -28.83

Babcock & Wilcox Enterprises Return-on-Tangible-Asset Historical Data

The historical data trend for Babcock & Wilcox Enterprises'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.

Babcock & Wilcox Enterprises Return-on-Tangible-Asset Chart

Babcock & Wilcox Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.23 -1.82 4.97 -3.06 -27.37

Babcock & Wilcox Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6.45 -2.65 -64.43 -37.63 -10.54

Competitive Comparison of Babcock & Wilcox Enterprises's Return-on-Tangible-Asset

For the Specialty Industrial Machinery subindustry, Babcock & Wilcox Enterprises'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.


Babcock & Wilcox Enterprises's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Babcock & Wilcox Enterprises's Return-on-Tangible-Asset falls into.



Babcock & Wilcox Enterprises Return-on-Tangible-Asset Calculation

Babcock & Wilcox Enterprises'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 )
=-180.84/( (745.465+575.981)/ 2 )
=-180.84/660.723
=-27.37 %

Babcock & Wilcox Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-61.944/( (575.981+599.888)/ 2 )
=-61.944/587.9345
=-10.54 %

* 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. 2024) net income data.


Babcock & Wilcox Enterprises  (FRA:UBW1) 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.


Babcock & Wilcox Enterprises Return-on-Tangible-Asset Related Terms

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


Babcock & Wilcox Enterprises (FRA:UBW1) Business Description

Traded in Other Exchanges
Address
1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.

Babcock & Wilcox Enterprises (FRA:UBW1) Headlines

No Headlines