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Caxton and CTP Publishers and Printers (JSE:CAT) Return-on-Tangible-Asset : 7.11% (As of Dec. 2024)


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What is Caxton and CTP Publishers and Printers 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. Caxton and CTP Publishers and Printers's annualized Net Income for the quarter that ended in Dec. 2024 was R690 Mil. Caxton and CTP Publishers and Printers's average total tangible assets for the quarter that ended in Dec. 2024 was R9,707 Mil. Therefore, Caxton and CTP Publishers and Printers's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 7.11%.

The historical rank and industry rank for Caxton and CTP Publishers and Printers's Return-on-Tangible-Asset or its related term are showing as below:

JSE:CAT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.84   Med: 6.52   Max: 8.24
Current: 7.61

During the past 13 years, Caxton and CTP Publishers and Printers's highest Return-on-Tangible-Asset was 8.24%. The lowest was -0.84%. And the median was 6.52%.

JSE:CAT's Return-on-Tangible-Asset is ranked better than
82.43% of 1053 companies
in the Media - Diversified industry
Industry Median: 0.44 vs JSE:CAT: 7.61

Caxton and CTP Publishers and Printers Return-on-Tangible-Asset Historical Data

The historical data trend for Caxton and CTP Publishers and Printers'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.

Caxton and CTP Publishers and Printers Return-on-Tangible-Asset Chart

Caxton and CTP Publishers and Printers Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.84 7.69 6.63 8.24 7.02

Caxton and CTP Publishers and Printers Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only 8.66 7.76 5.84 8.12 7.11

Competitive Comparison of Caxton and CTP Publishers and Printers's Return-on-Tangible-Asset

For the Publishing subindustry, Caxton and CTP Publishers and Printers'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.


Caxton and CTP Publishers and Printers's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Caxton and CTP Publishers and Printers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Caxton and CTP Publishers and Printers's Return-on-Tangible-Asset falls into.


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Caxton and CTP Publishers and Printers Return-on-Tangible-Asset Calculation

Caxton and CTP Publishers and Printers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=655.811/( (9097.062+9592.646)/ 2 )
=655.811/9344.854
=7.02 %

Caxton and CTP Publishers and Printers'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=690.044/( (9592.646+9821.664)/ 2 )
=690.044/9707.155
=7.11 %

* 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. 2024) net income data.


Caxton and CTP Publishers and Printers  (JSE:CAT) 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.


Caxton and CTP Publishers and Printers Return-on-Tangible-Asset Related Terms

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Caxton and CTP Publishers and Printers Business Description

Traded in Other Exchanges
Address
Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196
Caxton and CTP Publishers and Printers Ltd is a South African media company that publishes regional community newspapers and magazines. It also provides commercial printing, packaging, and book printing to its customers. The group has three reportable segments: Publishing, printing and distribution, Packaging and stationery, and Others. Its packaging segment of the company focuses on cartons, labels, cigarette packs, and point-of-sale packaging displays. The Other segment derives revenue from dividends and certain intergroup charges. The company generates maximum revenue from the Publishing, printing, and distribution segment.