GGLT (Giant Group) Return-on-Tangible-Asset: 13.55% (As of Sep. 2004)

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What is Giant Group Return-on-Tangible-Asset?

Giant Group GGLT Return-on-Tangible-Asset is 13.55% as of Sep. 2004.

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. Giant Group's annualized Net Income for the quarter that ended in Sep. 2004 was $2.51 Mil. Giant Group's average total tangible assets for the quarter that ended in Sep. 2004 was $18.54 Mil. Therefore, Giant Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2004 was 13.55%.

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

GGLT's Return-on-Tangible-Asset is not ranked *
in the Restaurants industry.
Industry Median: 2.41
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Giant Group  (OTCPK:GGLT) 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.


Giant Group Return-on-Tangible-Asset Related Terms


Giant Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Giant 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.

Giant Group Return-on-Tangible-Asset Chart

Giant Group Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -190.95 15.91 -8.00 -23.55 -2.75

Giant Group Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 -15.36 32.80 -27.48 87.28 13.55

GGLT vs BDVB, BURG, DBUB: Return-on-Tangible-Asset Comparison

For the Restaurants subindustry, Giant 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.


Giant Group Return-on-Tangible-Asset vs Restaurants Industry

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

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



Giant Group Return-on-Tangible-Asset Calculation

Giant Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2003 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2003 )  (A: Dec. 2002 )(A: Dec. 2003 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2003 )  (A: Dec. 2002 )(A: Dec. 2003 )
=-0.253/( (6.56+11.868)/ 2 )
=-0.253/9.214
=-2.75 %

Giant Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2004 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2004 )  (Q: Jun. 2004 )(Q: Sep. 2004 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2004 )  (Q: Jun. 2004 )(Q: Sep. 2004 )
=2.512/( (17.972+19.101)/ 2 )
=2.512/18.5365
=13.55 %

* 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 (Sep. 2004) net income data.

What does a Return-on-Tangible-Asset of 13.55% mean?
Giant Group (GGLT) has a Return-on-Tangible-Asset of 13.55% as of Sep. 2004. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Giant Group and its competitors.
Is Giant Group's Return-on-Tangible-Asset too high?
Giant Group's current Return-on-Tangible-Asset is 13.55%. The Restaurants industry median Return-on-Tangible-Asset is 2.41. Giant Group's value of 13.55% is 462.2% above this industry median.
How does Giant Group's Return-on-Tangible-Asset compare to BDVB and BURG?
Giant Group's Return-on-Tangible-Asset of 13.55% can be compared against companies in the Restaurants industry. The industry median Return-on-Tangible-Asset is 2.41. Giant Group's value of 13.55% is 462.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Giant Group's current Return-on-Tangible-Asset of 13.55% is 462.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Giant Group and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giant Group's current Return-on-Tangible-Asset is 13.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giant Group stock overvalued right now?
Giant Group (GGLT) has a current Return-on-Tangible-Asset of 13.55%. The current Return-on-Tangible-Asset is 13.55% and 462.2% above the Restaurants industry median of 2.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Giant Group (GGLT), the current Return-on-Tangible-Asset is 13.55% as of Sep. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Giant Group Business Description

Address 9440 Santa Monica Boulevard, Suite 407, Beverly Hills, CA, USA, 90210
Giant Group Ltd is engaged in the double drive-thru hamburger restaurant business in the United States.