GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cashbuild Ltd (JSE:CSB) » Definitions » Return-on-Tangible-Asset

Cashbuild (JSE:CSB) Return-on-Tangible-Asset : 3.85% (As of Dec. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Cashbuild 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. Cashbuild's annualized Net Income for the quarter that ended in Dec. 2024 was R232 Mil. Cashbuild's average total tangible assets for the quarter that ended in Dec. 2024 was R6,021 Mil. Therefore, Cashbuild's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 3.85%.

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

JSE:CSB' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.54   Med: 10.93   Max: 14.35
Current: 3.24

During the past 13 years, Cashbuild's highest Return-on-Tangible-Asset was 14.35%. The lowest was 1.54%. And the median was 10.93%.

JSE:CSB's Return-on-Tangible-Asset is ranked better than
56.09% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 2.36 vs JSE:CSB: 3.24

Cashbuild Return-on-Tangible-Asset Historical Data

The historical data trend for Cashbuild'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.

Cashbuild Return-on-Tangible-Asset Chart

Cashbuild 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 5.63 10.36 7.22 1.74 1.54

Cashbuild 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 4.79 -1.42 0.19 2.81 3.85

Competitive Comparison of Cashbuild's Return-on-Tangible-Asset

For the Home Improvement Retail subindustry, Cashbuild'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.


Cashbuild's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cashbuild's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Cashbuild Return-on-Tangible-Asset Calculation

Cashbuild'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 )
=88.601/( (6002.406+5470.139)/ 2 )
=88.601/5736.2725
=1.54 %

Cashbuild'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 )
=231.938/( (5470.139+6571.5)/ 2 )
=231.938/6020.8195
=3.85 %

* 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.


Cashbuild  (JSE:CSB) 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.


Cashbuild Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Cashbuild's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cashbuild Business Description

Traded in Other Exchanges
N/A
Address
2 Handel Road, Ormonde, Johannesburg, GT, ZAF, 2001
Cashbuild Ltd is a South Africa-based company that is engaged in the retailing of building materials and associated products. The firm operates stores in South Africa and the neighboring countries of Botswana, Swaziland, Lesotho, Namibia, and Malawi through its subsidiaries. Its stores are mostly located in towns, as well as townships, rural areas, and metropolitan settings. Cashbuild's products include cement, roofing, openings, timber, bricks, decorative, plumbing, hardware, ceilings, electrical, and tools. A sizable amount of its products are cement-related. The firm's customers include home-builders, contractors, farmers, traders and construction companies, as well as government-related infrastructure developers. Maximum Revenue is earned from Cashbuild (South Africa) Segment.

Cashbuild Headlines