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Sephaku Holdings (JSE:SEP) Return-on-Tangible-Asset : 5.16% (As of Sep. 2024)


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What is Sephaku 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. Sephaku Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was R65 Mil. Sephaku Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was R1,265 Mil. Therefore, Sephaku Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 5.16%.

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

JSE:SEP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.59   Med: 4.07   Max: 6.44
Current: 6.36

During the past 13 years, Sephaku Holdings's highest Return-on-Tangible-Asset was 6.44%. The lowest was -1.59%. And the median was 4.07%.

JSE:SEP's Return-on-Tangible-Asset is ranked better than
74.5% of 404 companies
in the Building Materials industry
Industry Median: 2.87 vs JSE:SEP: 6.36

Sephaku Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Sephaku 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.

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Sephaku Holdings Return-on-Tangible-Asset Chart

Sephaku Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.59 1.79 3.86 2.15 5.46

Sephaku Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 4.42 -0.19 3.25 7.65 5.16

Competitive Comparison of Sephaku Holdings's Return-on-Tangible-Asset

For the Building Materials subindustry, Sephaku 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.


Sephaku Holdings's Return-on-Tangible-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sephaku Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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


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Sephaku Holdings Return-on-Tangible-Asset Calculation

Sephaku Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=66.625/( (1204.944+1234.843)/ 2 )
=66.625/1219.8935
=5.46 %

Sephaku Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=65.264/( (1234.843+1296.135)/ 2 )
=65.264/1265.489
=5.16 %

* 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 (Sep. 2024) net income data.


Sephaku Holdings  (JSE:SEP) 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.


Sephaku Holdings Return-on-Tangible-Asset Related Terms

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


Sephaku Holdings Business Description

Traded in Other Exchanges
N/A
Address
Cnr Karee and John Vorster Streets, First Floor, Block A, Southdowns Office Park, Irene X54, Pretoria, GT, ZAF, 0062
Sephaku Holdings Ltd is a construction materials company. It offers investors a portfolio of assets focused on the building and construction materials industry. The company comprises ready-mix concrete and head office as the two main segments. The ready-mix concrete segment represents the part of the business that manufactures and sells ready-mixed concrete through its subsidiaries in South Africa.