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Mondi Olmuksan Kagit Ve Ambalajnayi AS (IST:OLMK) Return-on-Tangible-Asset : 17.12% (As of Dec. 2021)


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What is Mondi Olmuksan Kagit Ve Ambalajnayi 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. Mondi Olmuksan Kagit Ve Ambalajnayi AS's annualized Net Income for the quarter that ended in Dec. 2021 was ₺233 Mil. Mondi Olmuksan Kagit Ve Ambalajnayi AS's average total tangible assets for the quarter that ended in Dec. 2021 was ₺1,358 Mil. Therefore, Mondi Olmuksan Kagit Ve Ambalajnayi AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2021 was 17.12%.

The historical rank and industry rank for Mondi Olmuksan Kagit Ve Ambalajnayi AS's Return-on-Tangible-Asset or its related term are showing as below:

IST:OLMK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.3   Med: 1.96   Max: 17.12
Current: 17.12

During the past 13 years, Mondi Olmuksan Kagit Ve Ambalajnayi AS's highest Return-on-Tangible-Asset was 17.12%. The lowest was -10.30%. And the median was 1.96%.

IST:OLMK's Return-on-Tangible-Asset is not ranked
in the Packaging & Containers industry.
Industry Median: 3.42 vs IST:OLMK: 17.12

Mondi Olmuksan Kagit Ve Ambalajnayi AS Return-on-Tangible-Asset Historical Data

The historical data trend for Mondi Olmuksan Kagit Ve Ambalajnayi 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.

Mondi Olmuksan Kagit Ve Ambalajnayi AS Return-on-Tangible-Asset Chart

Mondi Olmuksan Kagit Ve Ambalajnayi AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.74 -10.30 -1.46 17.12

Mondi Olmuksan Kagit Ve Ambalajnayi AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 2.02 1.74 -10.30 -1.46 17.12

Competitive Comparison of Mondi Olmuksan Kagit Ve Ambalajnayi AS's Return-on-Tangible-Asset

For the Packaging & Containers subindustry, Mondi Olmuksan Kagit Ve Ambalajnayi 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.


Mondi Olmuksan Kagit Ve Ambalajnayi AS's Return-on-Tangible-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mondi Olmuksan Kagit Ve Ambalajnayi AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mondi Olmuksan Kagit Ve Ambalajnayi AS's Return-on-Tangible-Asset falls into.



Mondi Olmuksan Kagit Ve Ambalajnayi AS Return-on-Tangible-Asset Calculation

Mondi Olmuksan Kagit Ve Ambalajnayi AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=232.504/( (976.51+1739.038)/ 2 )
=232.504/1357.774
=17.12 %

Mondi Olmuksan Kagit Ve Ambalajnayi AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=232.504/( (976.51+1739.038)/ 2 )
=232.504/1357.774
=17.12 %

* 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 (Dec. 2021) net income data.


Mondi Olmuksan Kagit Ve Ambalajnayi AS  (IST:OLMK) 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.


Mondi Olmuksan Kagit Ve Ambalajnayi AS Return-on-Tangible-Asset Related Terms

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Mondi Olmuksan Kagit Ve Ambalajnayi AS (IST:OLMK) Business Description

Traded in Other Exchanges
N/A
Address
Fatih Sultan Mehmet Mahallesi, Poligon Cad. Buyaka 2 Sitesi, No:8B 2.Kule Kat:8 Tepeüstü, Istanbul, TUR, 34471
Olmuksan International Paper Ambalaj Sanayi Ve Ticaret AS is engaged in the production and sales of various types and sizes of corrugated boxes and other custom manufacturing goods. The company has its plants located in Adana, Bursa, Corluy, Corum, Izmir, and Gebze in Turkey. It offers a variety of products including corrugated packaging, fresh fruit and vegetable packaging, transport packaging, shelf ready packaging, and heavy duty packaging. It also offers packaging solutions including supply chain, structural design and printing services.

Mondi Olmuksan Kagit Ve Ambalajnayi AS (IST:OLMK) Headlines

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