Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Return-on-Tangible-Asset: -24.37% (As of Dec. 2017)

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What is Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Asset?

Yonga Mobilyanayi ve Ticaret AS IST:YONGA -0.29% Return-on-Tangible-Asset is -24.37% as of Dec. 2017.

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. Yonga Mobilyanayi ve Ticaret AS's annualized Net Income for the quarter that ended in Dec. 2017 was ₺-8.56 Mil. Yonga Mobilyanayi ve Ticaret AS's average total tangible assets for the quarter that ended in Dec. 2017 was ₺35.14 Mil. Therefore, Yonga Mobilyanayi ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2017 was -24.37%.

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

IST:YONGA's Return-on-Tangible-Asset is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 2.335
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Yonga Mobilyanayi ve Ticaret AS  (IST:YONGA) 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.


Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Asset Related Terms


Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Yonga Mobilyanayi ve 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.

Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Asset Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec16 Dec17
Return-on-Tangible-Asset
21.16 21.19 6.19 -14.62

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Jun16 Dec16 Jun17 Dec17
Return-on-Tangible-Asset Get a 7-Day Free Trial 14.70 11.34 3.29 -4.69 -24.37

IST:YONGA vs RGBD, SNTW, BIIO: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Yonga Mobilyanayi ve 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.


Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Asset distribution charts can be found below:

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



Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Asset Calculation

Yonga Mobilyanayi ve Ticaret AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-5.084/( (33.86+35.704)/ 2 )
=-5.084/34.782
=-14.62 %

Yonga Mobilyanayi ve Ticaret AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=-8.564/( (34.58+35.704)/ 2 )
=-8.564/35.142
=-24.37 %

* 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 (Dec. 2017) net income data.

What does a Return-on-Tangible-Asset of -24.37% mean?
Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) has a Return-on-Tangible-Asset of -24.37% as of Dec. 2017. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Yonga Mobilyanayi ve Ticaret AS and its competitors.
Is Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Asset too high?
Yonga Mobilyanayi ve Ticaret AS's current Return-on-Tangible-Asset is -24.37%.
How does Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Asset compare to RGBD and SNTW?
Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Asset of -24.37% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Return-on-Tangible-Asset is 2.34. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.34, based on 434 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 Yonga Mobilyanayi ve Ticaret AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yonga Mobilyanayi ve Ticaret AS's current Return-on-Tangible-Asset is -24.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonga Mobilyanayi ve Ticaret AS stock overvalued right now?
Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) has a current Return-on-Tangible-Asset of -24.37%. The current Return-on-Tangible-Asset is -24.37%. 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 Yonga Mobilyanayi ve Ticaret AS (IST:YONGA), the current Return-on-Tangible-Asset is -24.37% as of Dec. 2017. 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.

Yonga Mobilyanayi ve Ticaret AS Business Description

Address Kale Mah. Ataturk Bul. No. 196, Pamukkale, Denizli, TUR, 20180
Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.