Helvetic Star (HAM:HSRN) Return-on-Tangible-Asset: 6.67% (As of Jun. 2019)

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What is Helvetic Star Return-on-Tangible-Asset?

Helvetic Star HAM:HSRN Return-on-Tangible-Asset is 6.67% as of Jun. 2019.

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. Helvetic Star's annualized Net Income for the quarter that ended in Jun. 2019 was €0.16 Mil. Helvetic Star's average total tangible assets for the quarter that ended in Jun. 2019 was €2.46 Mil. Therefore, Helvetic Star's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2019 was 6.67%.

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

HAM:HSRN's Return-on-Tangible-Asset is not ranked *
in the Capital Markets industry.
Industry Median: 1.54
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Helvetic Star  (HAM:HSRN) 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.


Helvetic Star Return-on-Tangible-Asset Related Terms


Helvetic Star Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Helvetic Star'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.

Helvetic Star Return-on-Tangible-Asset Chart

Helvetic Star Annual Data
Trend Jun16 Jun17 Jun18 Jun19
Return-on-Tangible-Asset
0.00 -5.36 1.82 6.67

Helvetic Star Semi-Annual Data
Jun16 Jun17 Jun18 Jun19
Return-on-Tangible-Asset 0.00 -5.36 1.82 6.67

HAM:HSRN vs SPGI, CME, ICE: Return-on-Tangible-Asset Comparison

For the Financial Data & Stock Exchanges subindustry, Helvetic Star'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.


Helvetic Star Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Helvetic Star's Return-on-Tangible-Asset distribution charts can be found below:

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



Helvetic Star Return-on-Tangible-Asset Calculation

Helvetic Star's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2019 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2019 )  (A: Jun. 2018 )(A: Jun. 2019 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2019 )  (A: Jun. 2018 )(A: Jun. 2019 )
=0.164/( (2.402+2.513)/ 2 )
=0.164/2.4575
=6.67 %

Helvetic Star's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2019 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Jun. 2018 )(Q: Jun. 2019 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Jun. 2018 )(Q: Jun. 2019 )
=0.164/( (2.402+2.513)/ 2 )
=0.164/2.4575
=6.67 %

* 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 one times the annual (Jun. 2019) net income data.

What does a Return-on-Tangible-Asset of 6.67% mean?
Helvetic Star (HAM:HSRN) has a Return-on-Tangible-Asset of 6.67% as of Jun. 2019. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Helvetic Star and its competitors.
Is Helvetic Star's Return-on-Tangible-Asset too high?
Helvetic Star's current Return-on-Tangible-Asset is 6.67%. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. Helvetic Star's value of 6.67% is 333.1% above this industry median.
How does Helvetic Star's Return-on-Tangible-Asset compare to SPGI and CME?
Helvetic Star's Return-on-Tangible-Asset of 6.67% can be compared against companies in the Capital Markets industry. The industry median Return-on-Tangible-Asset is 1.54. Helvetic Star's value of 6.67% is 333.1% 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 819 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. Helvetic Star's current Return-on-Tangible-Asset of 6.67% is 333.1% 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 Helvetic Star and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helvetic Star's current Return-on-Tangible-Asset is 6.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helvetic Star stock overvalued right now?
Helvetic Star (HAM:HSRN) has a current Return-on-Tangible-Asset of 6.67%. The current Return-on-Tangible-Asset is 6.67% and 333.1% above the Capital Markets industry median of 1.54. 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 Helvetic Star (HAM:HSRN), the current Return-on-Tangible-Asset is 6.67% as of Jun. 2019. 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.

Helvetic Star Business Description

Address Erlenweg 17, Bern, CHE, 3063
Helvetic Star Ltd is engaged in providing broker services. The company helps in obtaining capital, capital markets, maintain investor relationships, and investment advisory.