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Gentili Mosconi SpA (FRA:Z5A) Return-on-Tangible-Asset : 6.40% (As of Jun. 2024)


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What is Gentili Mosconi SpA 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. Gentili Mosconi SpA's annualized Net Income for the quarter that ended in Jun. 2024 was €3.04 Mil. Gentili Mosconi SpA's average total tangible assets for the quarter that ended in Jun. 2024 was €47.59 Mil. Therefore, Gentili Mosconi SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 6.40%.

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

FRA:Z5A' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.1   Med: 12.87   Max: 21.78
Current: 7.78

During the past 4 years, Gentili Mosconi SpA's highest Return-on-Tangible-Asset was 21.78%. The lowest was 1.10%. And the median was 12.87%.

FRA:Z5A's Return-on-Tangible-Asset is ranked better than
83.1% of 1071 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.12 vs FRA:Z5A: 7.78

Gentili Mosconi SpA Return-on-Tangible-Asset Historical Data

The historical data trend for Gentili Mosconi SpA'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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Gentili Mosconi SpA Return-on-Tangible-Asset Chart

Gentili Mosconi SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
1.10 12.92 21.78 12.81

Gentili Mosconi SpA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Asset Get a 7-Day Free Trial 22.94 21.50 15.34 9.18 6.40

Competitive Comparison of Gentili Mosconi SpA's Return-on-Tangible-Asset

For the Textile Manufacturing subindustry, Gentili Mosconi SpA'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.


Gentili Mosconi SpA's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gentili Mosconi SpA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gentili Mosconi SpA's Return-on-Tangible-Asset falls into.



Gentili Mosconi SpA Return-on-Tangible-Asset Calculation

Gentili Mosconi SpA'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 )
=5.214/( (34.082+47.308)/ 2 )
=5.214/40.695
=12.81 %

Gentili Mosconi SpA'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 )
=3.044/( (47.308+47.865)/ 2 )
=3.044/47.5865
=6.40 %

* 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.


Gentili Mosconi SpA  (FRA:Z5A) 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.


Gentili Mosconi SpA Return-on-Tangible-Asset Related Terms

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


Gentili Mosconi SpA Business Description

Traded in Other Exchanges
Address
Via Tevere 7/9, Casnate con Bernate, Como, ITA, 22070
Gentili Mosconi SpA creates and produces printed and dyed fabrics, with jacquard and yarn-dyed processes, fabrics with original prints or garment prints and other special processes for the most important national and international fashion brands.

Gentili Mosconi SpA Headlines

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