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EPE Capital Partners (JSE:EPE) Return-on-Tangible-Asset : 28.09% (As of Dec. 2024)


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What is EPE Capital Partners 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. EPE Capital Partners's annualized Net Income for the quarter that ended in Dec. 2024 was R635.20 Mil. EPE Capital Partners's average total tangible assets for the quarter that ended in Dec. 2024 was R2,261.21 Mil. Therefore, EPE Capital Partners's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 28.09%.

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

JSE:EPE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -42.21   Med: 1.19   Max: 20.67
Current: 10.58

During the past 8 years, EPE Capital Partners's highest Return-on-Tangible-Asset was 20.67%. The lowest was -42.21%. And the median was 1.19%.

JSE:EPE's Return-on-Tangible-Asset is ranked better than
74.76% of 1684 companies
in the Asset Management industry
Industry Median: 4.23 vs JSE:EPE: 10.58

EPE Capital Partners Return-on-Tangible-Asset Historical Data

The historical data trend for EPE Capital Partners'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.

EPE Capital Partners Return-on-Tangible-Asset Chart

EPE Capital Partners Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial -42.21 0.24 20.67 0.19 -15.40

EPE Capital Partners Semi-Annual Data
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 0.41 -0.02 -24.55 -6.11 28.09

Competitive Comparison of EPE Capital Partners's Return-on-Tangible-Asset

For the Asset Management subindustry, EPE Capital Partners'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.


EPE Capital Partners's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EPE Capital Partners's Return-on-Tangible-Asset distribution charts can be found below:

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


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EPE Capital Partners Return-on-Tangible-Asset Calculation

EPE Capital Partners'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 )
=-387.742/( (2708.104+2328.311)/ 2 )
=-387.742/2518.2075
=-15.40 %

EPE Capital Partners'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 )
=635.202/( (2328.311+2194.111)/ 2 )
=635.202/2261.211
=28.09 %

* 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.


EPE Capital Partners  (JSE:EPE) 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.


EPE Capital Partners Return-on-Tangible-Asset Related Terms

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


EPE Capital Partners Business Description

Traded in Other Exchanges
N/A
Address
1 Cybercity, 6th Floor, Tower A, Ebene, MUS
EPE Capital Partners Ltd is an investment holding company. The company offers shareholders long-term capital appreciation by investing in a diversified portfolio of unlisted private equity type investments.

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