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AYO Technology Solutions (JSE:AYO) Return-on-Tangible-Asset : -20.03% (As of Feb. 2025)


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What is AYO Technology Solutions 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. AYO Technology Solutions's annualized Net Income for the quarter that ended in Feb. 2025 was R-294 Mil. AYO Technology Solutions's average total tangible assets for the quarter that ended in Feb. 2025 was R1,468 Mil. Therefore, AYO Technology Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -20.03%.

The historical rank and industry rank for AYO Technology Solutions's Return-on-Tangible-Asset or its related term are showing as below:

JSE:AYO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -38.5   Med: 1.8   Max: 36.14
Current: -38.5

During the past 10 years, AYO Technology Solutions's highest Return-on-Tangible-Asset was 36.14%. The lowest was -38.50%. And the median was 1.80%.

JSE:AYO's Return-on-Tangible-Asset is ranked worse than
84.86% of 2841 companies
in the Software industry
Industry Median: 1.88 vs JSE:AYO: -38.50

AYO Technology Solutions Return-on-Tangible-Asset Historical Data

The historical data trend for AYO Technology Solutions'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.

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AYO Technology Solutions Return-on-Tangible-Asset Chart

AYO Technology Solutions Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 -5.96 -7.17 -21.48 -35.64

AYO Technology Solutions Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 Premium Member Only Premium Member Only -15.91 -26.36 -9.20 -54.52 -20.03

Competitive Comparison of AYO Technology Solutions's Return-on-Tangible-Asset

For the Information Technology Services subindustry, AYO Technology Solutions'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.


AYO Technology Solutions's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, AYO Technology Solutions's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where AYO Technology Solutions's Return-on-Tangible-Asset falls into.


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AYO Technology Solutions Return-on-Tangible-Asset Calculation

AYO Technology Solutions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=-680.265/( (2285.983+1531.656)/ 2 )
=-680.265/1908.8195
=-35.64 %

AYO Technology Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Aug. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Aug. 2024 )(Q: Feb. 2025 )
=-293.978/( (1531.656+1404.016)/ 2 )
=-293.978/1467.836
=-20.03 %

* 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 (Feb. 2025) net income data.


AYO Technology Solutions  (JSE:AYO) 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.


AYO Technology Solutions Return-on-Tangible-Asset Related Terms

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AYO Technology Solutions Business Description

Traded in Other Exchanges
N/A
Address
Cnr Heerengracht & Walter Sisulu Avenue, 10th Floor, Convention Tower, Foreshore, Cape Town, WC, ZAF, 8001
AYO Technology Solutions Ltd is Broad-Based Black Economic Empowerment (B-BBEE) information and communications technology (ICT) investment holding company. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.

AYO Technology Solutions Headlines

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