GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Cake Box Holdings PLC (LSE:CBOX) » Definitions » Return-on-Tangible-Asset

Cake Box Holdings (LSE:CBOX) Return-on-Tangible-Asset : 14.14% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Cake Box 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. Cake Box Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was £4.14 Mil. Cake Box Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was £29.31 Mil. Therefore, Cake Box Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 14.14%.

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

LSE:CBOX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.92   Med: 25.58   Max: 38.6
Current: 17.51

During the past 9 years, Cake Box Holdings's highest Return-on-Tangible-Asset was 38.60%. The lowest was 15.92%. And the median was 25.58%.

LSE:CBOX's Return-on-Tangible-Asset is ranked better than
96.5% of 314 companies
in the Retail - Defensive industry
Industry Median: 4.225 vs LSE:CBOX: 17.51

Cake Box Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Cake Box 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.

* Premium members only.

Cake Box Holdings Return-on-Tangible-Asset Chart

Cake Box Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 24.98 20.27 27.91 15.92 16.22

Cake Box Holdings Semi-Annual Data
Mar16 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 11.64 20.84 13.28 20.49 14.14

Competitive Comparison of Cake Box Holdings's Return-on-Tangible-Asset

For the Grocery Stores subindustry, Cake Box 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.


Cake Box Holdings's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Cake Box Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Cake Box Holdings Return-on-Tangible-Asset Calculation

Cake Box 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 )
=4.659/( (27.425+30.008)/ 2 )
=4.659/28.7165
=16.22 %

Cake Box 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 )
=4.144/( (30.008+28.606)/ 2 )
=4.144/29.307
=14.14 %

* 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.


Cake Box Holdings  (LSE:CBOX) 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.


Cake Box Holdings Return-on-Tangible-Asset Related Terms

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


Cake Box Holdings Business Description

Traded in Other Exchanges
N/A
Address
20-22 Jute Lane, Enfield, London, Middlesex, GBR, EN3 7PJ
Cake Box Holdings PLC is a retailer of fresh cream cakes. It offers a range of cakes that include cupcakes, photo cakes, number cakes, fruit cakes, mendhi cakes, round cakes, kid's cakes, platter cakes, and wedding cakes. The company recognises revenue revenue from Sale of sponges, fresh cream and other goods to franchisees, Online sales of cakes and related products to customers, Franchise package. Geographically, it derives revenue from the United Kingdom.

Cake Box Holdings Headlines

No Headlines