GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Altinkilic Gida ve Sut Sanayi Ticaret AS (IST:ALKLC) » Definitions » Return-on-Tangible-Asset

Altinkilic Gida ve Sutnayi Ticaret AS (IST:ALKLC) Return-on-Tangible-Asset : 8.05% (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Altinkilic Gida ve Sutnayi Ticaret AS 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. Altinkilic Gida ve Sutnayi Ticaret AS's annualized Net Income for the quarter that ended in Dec. 2024 was ₺292 Mil. Altinkilic Gida ve Sutnayi Ticaret AS's average total tangible assets for the quarter that ended in Dec. 2024 was ₺3,621 Mil. Therefore, Altinkilic Gida ve Sutnayi Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 8.05%.

The historical rank and industry rank for Altinkilic Gida ve Sutnayi Ticaret AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:ALKLC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.2   Med: 2.2   Max: 12.96
Current: 0.2

During the past 4 years, Altinkilic Gida ve Sutnayi Ticaret AS's highest Return-on-Tangible-Asset was 12.96%. The lowest was 0.20%. And the median was 2.20%.

IST:ALKLC's Return-on-Tangible-Asset is ranked worse than
72.62% of 1932 companies
in the Consumer Packaged Goods industry
Industry Median: 3.65 vs IST:ALKLC: 0.20

Altinkilic Gida ve Sutnayi Ticaret AS Return-on-Tangible-Asset Historical Data

The historical data trend for Altinkilic Gida ve Sutnayi Ticaret AS'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.

* Premium members only.

Altinkilic Gida ve Sutnayi Ticaret AS Return-on-Tangible-Asset Chart

Altinkilic Gida ve Sutnayi Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
12.96 0.33 3.71 0.68

Altinkilic Gida ve Sutnayi Ticaret AS Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial - -1.45 6.90 -14.67 8.05

Competitive Comparison of Altinkilic Gida ve Sutnayi Ticaret AS's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Altinkilic Gida ve Sutnayi Ticaret AS'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.


Altinkilic Gida ve Sutnayi Ticaret AS's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Altinkilic Gida ve Sutnayi Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Altinkilic Gida ve Sutnayi Ticaret AS's Return-on-Tangible-Asset falls into.


;
;

Altinkilic Gida ve Sutnayi Ticaret AS Return-on-Tangible-Asset Calculation

Altinkilic Gida ve Sutnayi Ticaret AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=23.086/( (2826.633+3981.513)/ 2 )
=23.086/3404.073
=0.68 %

Altinkilic Gida ve Sutnayi Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=291.616/( (3261.165+3981.513)/ 2 )
=291.616/3621.339
=8.05 %

* 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 (Dec. 2024) net income data.


Altinkilic Gida ve Sutnayi Ticaret AS  (IST:ALKLC) 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.


Altinkilic Gida ve Sutnayi Ticaret AS Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Altinkilic Gida ve Sutnayi Ticaret AS's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Altinkilic Gida ve Sutnayi Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Customs Pier Street 12th Street No:77, Kocatepe district Mega Center A Block, Bayrampasa, Istanbul, TUR
Altinkilic Gida ve Sut Sanayi Ticaret AS is a Company that operates in the fields of manufacturing, packaging, purchasing, selling, wholesale and retail marketing, import and export of all kinds of milk and dairy products. Its main activity is cig milk Jemini which processes the supplied milk into products. The company is active in the milk and dairy products sector and sells and markets products such as kefir, kefir yogurt, cheese group, cheesecolata, and cream.

Altinkilic Gida ve Sutnayi Ticaret AS Headlines

No Headlines