Crookes Brothers (JSE:CKS) Return-on-Tangible-Asset: -34.13% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:CKS Crookes Brothers Ltd JSE:CKS
41 GF Score
Price R18.00
GF Value R33.20
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Crookes Brothers Return-on-Tangible-Asset?

Crookes Brothers JSE:CKS 41 Return-on-Tangible-Asset is -34.13% as of Mar. 2026. GuruFocus rates JSE:CKS with a GF Score™ of 41/100 and a GF Value™ of R33.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, Crookes Brothers ranks worse than 91.75% on this metric.

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. Crookes Brothers's annualized Net Income for the quarter that ended in Mar. 2026 was R-609.9 Mil. Crookes Brothers's average total tangible assets for the quarter that ended in Mar. 2026 was R1,787.0 Mil. Therefore, Crookes Brothers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -34.13%.

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

JSE:CKS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.06   Med: 1.44   Max: 4.71
Current: -15.79

During the past 13 years, Crookes Brothers's highest Return-on-Tangible-Asset was 4.71%. The lowest was -16.06%. And the median was 1.44%.

JSE:CKS's Return-on-Tangible-Asset is ranked worse than
91.75% of 1989 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs JSE:CKS: -15.79

Crookes Brothers  (JSE:CKS) 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.


Crookes Brothers Return-on-Tangible-Asset Related Terms


Crookes Brothers Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Crookes Brothers'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.

Crookes Brothers Return-on-Tangible-Asset Chart

Crookes Brothers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 -10.53 3.30 3.71 -16.06

Crookes Brothers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.19 4.14 3.28 2.11 -34.13

JSE:CKS vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, Crookes Brothers'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.


Crookes Brothers Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Crookes Brothers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Crookes Brothers's Return-on-Tangible-Asset falls into.


JSE:CKS
41GF Score
Crookes Brothers Ltd JSE:CKS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crookes Brothers Return-on-Tangible-Asset Calculation

Crookes Brothers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-285.346/( (1848.786+1704.151)/ 2 )
=-285.346/1776.4685
=-16.06 %

Crookes Brothers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-609.898/( (1869.825+1704.151)/ 2 )
=-609.898/1786.988
=-34.13 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -34.13% mean?
Crookes Brothers (JSE:CKS) has a Return-on-Tangible-Asset of -34.13% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Crookes Brothers and its competitors. According to the industry distribution chart, Crookes Brothers ranks #1825 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 91.8%.
Is Crookes Brothers' Return-on-Tangible-Asset too high?
Crookes Brothers' current Return-on-Tangible-Asset is -34.13%. Based on the distribution chart, Crookes Brothers ranks #1825 out of 1989 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Crookes Brothers has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Crookes Brothers' Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Crookes Brothers ranks #1825 out of 1989 companies for Return-on-Tangible-Asset. This places Crookes Brothers in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.52. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,989 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 Crookes Brothers and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crookes Brothers's current Return-on-Tangible-Asset is -34.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crookes Brothers stock overvalued right now?
Based on GuruFocus' analysis, Crookes Brothers (JSE:CKS) is currently considered Possible Value Trap. The stock's GF Value™ is R33.20, compared to a current price of R18.00 — trading 45.8% below its estimated fair value. The current Return-on-Tangible-Asset is -34.13%. Crookes Brothers' overall GF Score™ is 41/100 with 4 warning signs to review. 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 Crookes Brothers (JSE:CKS), the current Return-on-Tangible-Asset is -34.13% as of Mar. 2026. 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.

Is Crookes Brothers (JSE:CKS) Overvalued in 2026?

Based on GuruFocus' analysis, Crookes Brothers stock appears to be undervalued. The current stock price of R18.00 is trading 45.8% below its estimated GF Value™ of R33.20. GuruFocus considers Crookes Brothers to be Possible Value Trap.

Key valuation signals for JSE:CKS:

  • Return-on-Tangible-Asset: -34.13%
  • GF Value™: R33.20 vs. price of R18.00 (45.8% below fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the JSE:CKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crookes Brothers Business Description

Address Ridge 6, 20 Ncondo Place, 2nd Floor, Umhlanga Ridge, Durban, NL, ZAF, 4319
Crookes Brothers Ltd is involved in the production of primary agricultural products and long-term property development. The company's segments include Sugarcane, Bananas, Macadamias, Property, and other operations. Nearly half of the company's revenue comes from the Sugarcane segment. Its geographical segments include South Africa, eSwatini, Zambia, Mozambique, and Others, of which the majority of the revenue comes from South Africa.
41GF Score

Get the complete analysis for JSE:CKS

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R18.00
Price
R33.20
GF Value