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Calgro M3 Holdings (JSE:CGR) Return-on-Tangible-Asset : 4.50% (As of Feb. 2025)


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What is Calgro M3 Holdings 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. Calgro M3 Holdings's annualized Net Income for the quarter that ended in Feb. 2025 was R135.2 Mil. Calgro M3 Holdings's average total tangible assets for the quarter that ended in Feb. 2025 was R3,006.3 Mil. Therefore, Calgro M3 Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was 4.50%.

The historical rank and industry rank for Calgro M3 Holdings's Return-on-Tangible-Asset or its related term are showing as below:

JSE:CGR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.11   Med: 5.73   Max: 12.64
Current: 5.7

During the past 13 years, Calgro M3 Holdings's highest Return-on-Tangible-Asset was 12.64%. The lowest was 0.11%. And the median was 5.73%.

JSE:CGR's Return-on-Tangible-Asset is ranked better than
64.21% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 3.88 vs JSE:CGR: 5.70

Calgro M3 Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Calgro M3 Holdings'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.

Calgro M3 Holdings Return-on-Tangible-Asset Chart

Calgro M3 Holdings Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 5.75 7.79 7.56 5.70

Calgro M3 Holdings Semi-Annual Data
Aug15 Feb16 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 Premium Member Only 9.75 6.74 8.51 6.99 4.50

Competitive Comparison of Calgro M3 Holdings's Return-on-Tangible-Asset

For the Residential Construction subindustry, Calgro M3 Holdings'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.


Calgro M3 Holdings's Return-on-Tangible-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Calgro M3 Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Calgro M3 Holdings's Return-on-Tangible-Asset falls into.


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Calgro M3 Holdings Return-on-Tangible-Asset Calculation

Calgro M3 Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=164.984/( (2676.56+3114.517)/ 2 )
=164.984/2895.5385
=5.70 %

Calgro M3 Holdings'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 )
=135.164/( (2898.069+3114.517)/ 2 )
=135.164/3006.293
=4.50 %

* 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.


Calgro M3 Holdings  (JSE:CGR) 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.


Calgro M3 Holdings Return-on-Tangible-Asset Related Terms

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Calgro M3 Holdings Business Description

Traded in Other Exchanges
N/A
Address
33 Ballyclare Drive, Ballywoods Office Park, Calgro M3 Building, Bryanston, Sandton, Johannesburg, GT, ZAF, 2196
Calgro M3 Holdings Ltd is a property and property-related investment company that specializes in the development of Integrated Residential Developments and the development and management of Memorial Parks, focusing on its operations in Gauteng, Western Cape, Free State and Northwest. The group develops integrated housing developments consisting of subsidized, social, Grassroots Affordable People's or First Home Finance and Affordable Housing. Its segments include Residential Property Development segment consists of development of integrated housing developments and mid to high income housing projects and Memorial Parks consist of burial rights and the associated burial and maintenance services.

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