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Octopus Titan VCT (LSE:OTV2) Return-on-Tangible-Asset : -7.28% (As of Dec. 2024)


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What is Octopus Titan VCT 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. Octopus Titan VCT's annualized Net Income for the quarter that ended in Dec. 2024 was £-62.83 Mil. Octopus Titan VCT's average total tangible assets for the quarter that ended in Dec. 2024 was £863.30 Mil. Therefore, Octopus Titan VCT's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -7.28%.

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

LSE:OTV2' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -25.34   Med: 4.44   Max: 17.26
Current: -16.17

During the past 13 years, Octopus Titan VCT's highest Return-on-Tangible-Asset was 17.26%. The lowest was -25.34%. And the median was 4.44%.

LSE:OTV2's Return-on-Tangible-Asset is ranked worse than
90.96% of 1682 companies
in the Asset Management industry
Industry Median: 4.255 vs LSE:OTV2: -16.17

Octopus Titan VCT Return-on-Tangible-Asset Historical Data

The historical data trend for Octopus Titan VCT'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.

Octopus Titan VCT Return-on-Tangible-Asset Chart

Octopus Titan VCT Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.66 17.26 -25.34 -14.30 -15.99

Octopus Titan VCT Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 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 Premium Member Only Premium Member Only Premium Member Only -30.28 -16.42 -11.96 -24.38 -7.28

Competitive Comparison of Octopus Titan VCT's Return-on-Tangible-Asset

For the Asset Management subindustry, Octopus Titan VCT'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.


Octopus Titan VCT's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Octopus Titan VCT's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Octopus Titan VCT's Return-on-Tangible-Asset falls into.


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Octopus Titan VCT Return-on-Tangible-Asset Calculation

Octopus Titan VCT's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-147.649/( (1013.274+833.214)/ 2 )
=-147.649/923.244
=-15.99 %

Octopus Titan VCT'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 )
=-62.832/( (893.387+833.214)/ 2 )
=-62.832/863.3005
=-7.28 %

* 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.


Octopus Titan VCT  (LSE:OTV2) 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.


Octopus Titan VCT Return-on-Tangible-Asset Related Terms

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Octopus Titan VCT Business Description

Traded in Other Exchanges
N/A
Address
33 Holborn, London, GBR, EC1N 2HT
Octopus Titan VCT PLC invests in a diversified portfolio of UK smaller companies in order to generate capital growth over the long term as well as an attractive tax-free dividend stream. Its investment planning aims to back the next generation of entrepreneurs technology and tech-enabled businesses in five dedicated areas, namely, health, fintech, deep tech, consumer and business-to-business software.

Octopus Titan VCT Headlines

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