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HSTC:CT3's Return-on-Tangible-Asset is not ranked *
in the Construction industry.
Industry Median: 3.04 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Project 3 Construction and Investment JSC (HSTC:CT3) 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.
Project 3 Construction and Investment JSC Return-on-Tangible-Asset Related Terms
Project 3 Construction and Investment JSC Return-on-Tangible-Asset Historical Data
* 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.
Project 3 Construction and Investment JSC Return-on-Tangible-Asset Chart
Project 3 Construction and Investment JSC Annual Data
Trend
Return-on-Tangible-Asset
Project 3 Construction and Investment JSC Semi-Annual Data
Return-on-Tangible-Asset
HSTC:CT3 vs : Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Project 3 Construction and Investment JSC'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.
Project 3 Construction and Investment JSC Return-on-Tangible-Asset vs Construction Industry
* 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 (. 20) net income data.
What does a Return-on-Tangible-Asset of 0.00% mean?
Project 3 Construction and Investment JSC (HSTC:CT3) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Project 3 Construction and Investment JSC and its competitors.
Is Project 3 Construction and Investment JSC's Return-on-Tangible-Asset too high?
Project 3 Construction and Investment JSC's current Return-on-Tangible-Asset is 0.00%. Overall, Project 3 Construction and Investment JSC has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Project 3 Construction and Investment JSC's Return-on-Tangible-Asset compare to ?
Project 3 Construction and Investment JSC's Return-on-Tangible-Asset of 0.00% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.04. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,783 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 Project 3 Construction and Investment JSC and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Project 3 Construction and Investment JSC's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project 3 Construction and Investment JSC stock overvalued right now?
Project 3 Construction and Investment JSC (HSTC:CT3) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Project 3 Construction and Investment JSC's overall GF Score™ is 25/100. 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 Project 3 Construction and Investment JSC (HSTC:CT3), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.
Project 3 Construction and Investment JSC Business Description
Project 3 Construction and Investment JSC is engaged in the construction of heavy industry and civil, roads, bridges, and highways. The Company has its main business in the construction of railways, bridges, and other railway infrastructures.
25GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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