GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Buhler Industries Inc (FRA:X0Z) » Definitions » Return-on-Tangible-Asset

Buhler Industries (FRA:X0Z) Return-on-Tangible-Asset : -3.83% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Buhler Industries 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. Buhler Industries's annualized Net Income for the quarter that ended in Mar. 2024 was €-5.9 Mil. Buhler Industries's average total tangible assets for the quarter that ended in Mar. 2024 was €154.7 Mil. Therefore, Buhler Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -3.83%.

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

FRA:X0Z' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.24   Med: -0.66   Max: 7.45
Current: 0.35

During the past 13 years, Buhler Industries's highest Return-on-Tangible-Asset was 7.45%. The lowest was -16.24%. And the median was -0.66%.

FRA:X0Z's Return-on-Tangible-Asset is ranked worse than
73.81% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.925 vs FRA:X0Z: 0.35

Buhler Industries Return-on-Tangible-Asset Historical Data

The historical data trend for Buhler Industries'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.

Buhler Industries Return-on-Tangible-Asset Chart

Buhler Industries Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.91 -10.90 -10.15 -0.47 3.03

Buhler Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 7.18 28.42 -2.43 -20.16 -3.83

Competitive Comparison of Buhler Industries's Return-on-Tangible-Asset

For the Farm & Heavy Construction Machinery subindustry, Buhler Industries'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.


Buhler Industries's Return-on-Tangible-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Buhler Industries's Return-on-Tangible-Asset distribution charts can be found below:

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



Buhler Industries Return-on-Tangible-Asset Calculation

Buhler Industries'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 )
=4.848/( (160.943+159.156)/ 2 )
=4.848/160.0495
=3.03 %

Buhler Industries'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 )
=-5.92/( (159.156+150.322)/ 2 )
=-5.92/154.739
=-3.83 %

* 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.


Buhler Industries  (FRA:X0Z) 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.


Buhler Industries Return-on-Tangible-Asset Related Terms

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


Buhler Industries (FRA:X0Z) Business Description

Traded in Other Exchanges
Address
1260 Clarence Avenue, Winnipeg, MB, CAN, R3T 1T2
Buhler Industries Inc is engaged in the manufacturing of agricultural equipment. Its factories located in Morden and Winnipeg and Vegreville and Willmar, build tractors, sprayers, front-end loaders, augers, snowblowers, mowers, seeding and tillage equipment, and compact implements. Its brand portfolio comprises Farm King, Ezee-On, Allied, Inland, and Versatile. Also, the company maintains several well-stocked parts warehouses. Its geographical segments are Canada, the United States, CIS(Commonwealth of Independent States), and others. The company derives a majority of its revenue from the United States.

Buhler Industries (FRA:X0Z) Headlines

No Headlines