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Nordrest Holding AB (FRA:XZ5) Return-on-Tangible-Asset : 22.19% (As of Dec. 2024)


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What is Nordrest Holding AB 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. Nordrest Holding AB's annualized Net Income for the quarter that ended in Dec. 2024 was €11.9 Mil. Nordrest Holding AB's average total tangible assets for the quarter that ended in Dec. 2024 was €53.5 Mil. Therefore, Nordrest Holding AB's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 22.19%.

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

FRA:XZ5' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.83   Med: 12.98   Max: 20.86
Current: 20.86

During the past 4 years, Nordrest Holding AB's highest Return-on-Tangible-Asset was 20.86%. The lowest was 6.83%. And the median was 12.98%.

FRA:XZ5's Return-on-Tangible-Asset is ranked better than
96.69% of 363 companies
in the Restaurants industry
Industry Median: 2.36 vs FRA:XZ5: 20.86

Nordrest Holding AB Return-on-Tangible-Asset Historical Data

The historical data trend for Nordrest Holding AB'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.

Nordrest Holding AB Return-on-Tangible-Asset Chart

Nordrest Holding AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
6.83 8.04 17.57 20.27

Nordrest Holding AB Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.55 21.79 23.97 15.82 22.19

Competitive Comparison of Nordrest Holding AB's Return-on-Tangible-Asset

For the Restaurants subindustry, Nordrest Holding AB'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.


Nordrest Holding AB's Return-on-Tangible-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nordrest Holding AB's Return-on-Tangible-Asset distribution charts can be found below:

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


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Nordrest Holding AB Return-on-Tangible-Asset Calculation

Nordrest Holding AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=10.409/( (47.955+54.77)/ 2 )
=10.409/51.3625
=20.27 %

Nordrest Holding AB's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=11.864/( (52.169+54.77)/ 2 )
=11.864/53.4695
=22.19 %

* 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 (Dec. 2024) net income data.


Nordrest Holding AB  (FRA:XZ5) 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.


Nordrest Holding AB Return-on-Tangible-Asset Related Terms

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Nordrest Holding AB Business Description

Traded in Other Exchanges
Address
Evenemangsgatan 31, Solna, NOR, 16979
Nordrest Holding AB is a restaurant group with a focus on natural guest flows and contract-based meal solutions. Its offer includes meal solutions adapted to each customer's needs and ready-made brand concepts such as Taste by Nordrest, Togo by Nordrest, Pocket by Nordrest, La Girafe, Dinners and Way Cup. The company operates within the customer groups Defence, Companies, Schools, Colleges & Universities, Hospitals & Elderly Care and Travel.

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