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The historical rank and industry rank for Aberdeen New Thai Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:
LSE:ANWS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -28.76 Med: 7.36 Max: 45.13
Current: 0.59
During the past 13 years, Aberdeen New Thai Investment Trust's highest Return-on-Tangible-Asset was 45.13%. The lowest was -28.76%. And the median was 7.36%.
LSE:ANWS's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 4.3
vs LSE:ANWS: 0.59
Aberdeen New Thai Investment Trust (LSE:ANWS) 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 companys 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 companys 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.
Aberdeen New Thai Investment Trust Return-on-Tangible-Asset Related Terms
Aberdeen New Thai Investment Trust Return-on-Tangible-Asset Historical Data
* 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.
Aberdeen New Thai Investment Trust Return-on-Tangible-Asset Chart
LSE:ANWS vs NKG, KCAP, HRZN: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Aberdeen New Thai Investment Trust'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.
Aberdeen New Thai Investment Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Aberdeen New Thai Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aberdeen New Thai Investment Trust's Return-on-Tangible-Asset falls into.
* 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. 2021) net income data.
What does a Return-on-Tangible-Asset of 11.86% mean?
Aberdeen New Thai Investment Trust (LSE:ANWS) has a Return-on-Tangible-Asset of 11.86% as of Feb. 2021. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aberdeen New Thai Investment Trust and its competitors. This is 61% above median its historical median of 7.36.
Is Aberdeen New Thai Investment Trust's Return-on-Tangible-Asset too high?
Aberdeen New Thai Investment Trust's current Return-on-Tangible-Asset of 11.86% is 61% above median its 10-year median of 7.36. The Asset Management industry median Return-on-Tangible-Asset is 4.30. Aberdeen New Thai Investment Trust's value of 11.86% is 175.8% above this industry median. Overall, Aberdeen New Thai Investment Trust has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aberdeen New Thai Investment Trust's Return-on-Tangible-Asset compare to NKG and KCAP?
Aberdeen New Thai Investment Trust's Return-on-Tangible-Asset of 11.86% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.30. Aberdeen New Thai Investment Trust's value of 11.86% is 175.8% above this benchmark. While the company's 10-year median is 7.36 vs. the industry median of 4.30, Aberdeen New Thai Investment Trust has consistently been above the industry average. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.30, based on 1,638 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. Aberdeen New Thai Investment Trust's current Return-on-Tangible-Asset of 11.86% is 175.8% above the industry median. 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 Aberdeen New Thai Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen New Thai Investment Trust's current Return-on-Tangible-Asset is 11.86%, which is 61% above median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen New Thai Investment Trust stock overvalued right now?
Aberdeen New Thai Investment Trust (LSE:ANWS) has a current Return-on-Tangible-Asset of 11.86%. The current Return-on-Tangible-Asset is 11.86%, which is 61% above median its 10-year median of 7.36 and 175.8% above the Asset Management industry median of 4.30. Aberdeen New Thai Investment Trust's overall GF Score™ is 8/100 with 3 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 Aberdeen New Thai Investment Trust (LSE:ANWS), the current Return-on-Tangible-Asset is 11.86% as of Feb. 2021. 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.
Aberdeen New Thai Investment Trust Business Description
Aberdeen New Thai Investment Trust PLC is a UK-based investment trust. The company's investment objective is to provide shareholders with a high level of long-term, above average capital growth through investment in Thailand. It is managed by Aberdeen Asset Management Asia Limited. The company's assets are invested in a diversified portfolio of securities in companies, spread across a range of industries, which are quoted on the stock exchange of Thailand.
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