Oxford Technology 3 Venture Capital Trust (LSE:OT3) Return-on-Tangible-Asset: 21.36% (As of Aug. 2021)

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LSE:OT3 Oxford Technology 3 Venture Capital Trust PLC LSE:OT3
42 GF Score
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What is Oxford Technology 3 Venture Capital Trust Return-on-Tangible-Asset?

Oxford Technology 3 Venture Capital Trust LSE:OT3 42 Return-on-Tangible-Asset is 21.36% as of Aug. 2021. GuruFocus rates LSE:OT3 with a GF Score™ of 42/100.

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. Oxford Technology 3 Venture Capital Trust's annualized Net Income for the quarter that ended in Aug. 2021 was £0.65 Mil. Oxford Technology 3 Venture Capital Trust's average total tangible assets for the quarter that ended in Aug. 2021 was £3.04 Mil. Therefore, Oxford Technology 3 Venture Capital Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Aug. 2021 was 21.36%.

The historical rank and industry rank for Oxford Technology 3 Venture Capital Trust's Return-on-Tangible-Asset or its related term are showing as below:

LSE:OT3's Return-on-Tangible-Asset is not ranked *
in the Asset Management industry.
Industry Median: 4.23
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Oxford Technology 3 Venture Capital Trust  (LSE:OT3) 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.


Oxford Technology 3 Venture Capital Trust Return-on-Tangible-Asset Related Terms


Oxford Technology 3 Venture Capital Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Oxford Technology 3 Venture Capital Trust'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.

Oxford Technology 3 Venture Capital Trust Return-on-Tangible-Asset Chart

Oxford Technology 3 Venture Capital Trust Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.42 9.09 3.77 -24.94 -48.78

Oxford Technology 3 Venture Capital Trust Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 17.73 -67.25 -66.47 -32.52 21.36

LSE:OT3 vs BLK, BX, BK: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Oxford Technology 3 Venture Capital 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.


Oxford Technology 3 Venture Capital Trust Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Technology 3 Venture Capital Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Oxford Technology 3 Venture Capital Trust's Return-on-Tangible-Asset falls into.


LSE:OT3
42GF Score
Oxford Technology 3 Venture Capital Trust PLC LSE:OT3
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Oxford Technology 3 Venture Capital Trust Return-on-Tangible-Asset Calculation

Oxford Technology 3 Venture Capital Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2021 )  (A: Feb. 2020 )(A: Feb. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2021 )  (A: Feb. 2020 )(A: Feb. 2021 )
=-1.859/( (4.743+2.879)/ 2 )
=-1.859/3.811
=-48.78 %

Oxford Technology 3 Venture Capital Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Aug. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Aug. 2021 )  (Q: Feb. 2021 )(Q: Aug. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Aug. 2021 )  (Q: Feb. 2021 )(Q: Aug. 2021 )
=0.65/( (2.879+3.207)/ 2 )
=0.65/3.043
=21.36 %

* 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 (Aug. 2021) net income data.

What does a Return-on-Tangible-Asset of 21.36% mean?
Oxford Technology 3 Venture Capital Trust (LSE:OT3) has a Return-on-Tangible-Asset of 21.36% as of Aug. 2021. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Oxford Technology 3 Venture Capital Trust and its competitors.
Is Oxford Technology 3 Venture Capital Trust's Return-on-Tangible-Asset too high?
Oxford Technology 3 Venture Capital Trust's current Return-on-Tangible-Asset is 21.36%. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Oxford Technology 3 Venture Capital Trust's value of 21.36% is 405% above this industry median. Overall, Oxford Technology 3 Venture Capital Trust has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Oxford Technology 3 Venture Capital Trust's Return-on-Tangible-Asset compare to BLK and BX?
Oxford Technology 3 Venture Capital Trust's Return-on-Tangible-Asset of 21.36% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.23. Oxford Technology 3 Venture Capital Trust's value of 21.36% is 405% above this benchmark. 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 4.23, based on 1,637 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. Oxford Technology 3 Venture Capital Trust's current Return-on-Tangible-Asset of 21.36% is 405% 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 Oxford Technology 3 Venture Capital Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Technology 3 Venture Capital Trust's current Return-on-Tangible-Asset is 21.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Technology 3 Venture Capital Trust stock overvalued right now?
Oxford Technology 3 Venture Capital Trust (LSE:OT3) has a current Return-on-Tangible-Asset of 21.36%. The current Return-on-Tangible-Asset is 21.36% and 405% above the Asset Management industry median of 4.23. Oxford Technology 3 Venture Capital Trust's overall GF Score™ is 42/100. 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 Oxford Technology 3 Venture Capital Trust (LSE:OT3), the current Return-on-Tangible-Asset is 21.36% as of Aug. 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.

Oxford Technology 3 Venture Capital Trust Business Description

Address The Magdalen Centre, OT3 Managers Ltd, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology 3 Venture Capital Trust PLC is an investment company. The company invests in start-up and early-stage technology companies in general, located within 60 miles of Oxford. The company's investment portfolio includes: Scancell, Insense, ImmunoBiology, Select Technology, Invro, and Areco. The company's investment manager is Oxford Technology Management Ltd.
42GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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