Rugby Estates (LSE:RES) Return-on-Tangible-Asset : -34.02% (As of Jul. 2012)

Rugby Estates Return-on-Tangible-Asset Chart

Rugby Estates Annual Data
	Trend	Jan03	Jan04	Jan05	Jan06	Jan07	Jan08	Jan09	Jan10	Jan11	Jan12
Return-on-Tangible-Asset		Get a 7-Day Free Trial					2.63	-18.32	1.02	6.07	-13.97

Rugby Estates Semi-Annual Data
	Jul03	Jan04	Jul04	Jan05	Jul05	Jan06	Jul06	Jan07	Jul07	Jan08	Jul08	Jan09	Jul09	Jan10	Jul10	Jan11	Jul11	Jan12	Jul12
Return-on-Tangible-Asset	Get a 7-Day Free Trial														9.28	-0.10	-4.95	-23.08	-34.02

Competitive Comparison of Rugby Estates's Return-on-Tangible-Asset

For the Real Estate Services subindustry, Rugby Estates'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.

Rugby Estates's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rugby Estates's Return-on-Tangible-Asset distribution charts can be found below:

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

Rugby Estates Return-on-Tangible-Asset Calculation

Rugby Estates's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2012 is calculated as:

Rugby Estates's annualized Return-on-Tangible-Asset for the quarter that ended in Jul. 2012 is calculated as:

* 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 (Jul. 2012) net income data.

Rugby Estates  (LSE:RES) 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.

Rugby Estates Return-on-Tangible-Asset Related Terms

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Rugby Estates (LSE:RES) Business Description