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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. Joh Friedrich Behrens AG's annualizedNet Income for the quarter that ended in Jun. 2020 was €-2.4 Mil. Joh Friedrich Behrens AG's average total tangible assets for the quarter that ended in Jun. 2020 was €103.0 Mil. Therefore, Joh Friedrich Behrens AG's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2020 was -2.29%.
The historical rank and industry rank for Joh Friedrich Behrens AG's Return-on-Tangible-Asset or its related term are showing as below:
HAM:JFB's Return-on-Tangible-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 3.26 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Joh Friedrich Behrens AG (HAM:JFB) 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 companys 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 companys 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.
Joh Friedrich Behrens AG Return-on-Tangible-Asset Related Terms
Joh Friedrich Behrens AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Joh Friedrich Behrens AG'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.
Joh Friedrich Behrens AG Return-on-Tangible-Asset Chart
HAM:JFB vs SWK, TTC, SNA: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, Joh Friedrich Behrens AG'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.
Joh Friedrich Behrens AG Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Joh Friedrich Behrens AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Joh Friedrich Behrens AG's Return-on-Tangible-Asset falls into.
* 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. 2020) net income data.
What does a Return-on-Tangible-Asset of -2.29% mean?
Joh Friedrich Behrens AG (HAM:JFB) has a Return-on-Tangible-Asset of -2.29% as of Jun. 2020. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Joh Friedrich Behrens AG and its competitors.
Is Joh Friedrich Behrens AG's Return-on-Tangible-Asset too high?
Joh Friedrich Behrens AG's current Return-on-Tangible-Asset is -2.29%. Overall, Joh Friedrich Behrens AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Joh Friedrich Behrens AG's Return-on-Tangible-Asset compare to SWK and TTC?
Joh Friedrich Behrens AG's Return-on-Tangible-Asset of -2.29% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Asset is 3.26. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. 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 Joh Friedrich Behrens AG and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joh Friedrich Behrens AG's current Return-on-Tangible-Asset is -2.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joh Friedrich Behrens AG stock overvalued right now?
Joh Friedrich Behrens AG (HAM:JFB) has a current Return-on-Tangible-Asset of -2.29%. The current Return-on-Tangible-Asset is -2.29%. Joh Friedrich Behrens AG's overall GF Score™ is 10/100. 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 Joh Friedrich Behrens AG (HAM:JFB), the current Return-on-Tangible-Asset is -2.29% as of Jun. 2020. 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.
Joh Friedrich Behrens AG produces and sells fastening and fixing systems for the wood processing industry. It is engaged in the distribution of compressors, strapping products, frame fasteners, driving tools, and adhesive products.
10GF Score
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