Vincenzo Zucchi SpA (LTS:0DFF) Return-on-Tangible-Asset: -5.17% (As of Sep. 2024)

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LTS:0DFF Vincenzo Zucchi SpA LTS:0DFF
4 GF Score
Price €1.84
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What is Vincenzo Zucchi SpA Return-on-Tangible-Asset?

Vincenzo Zucchi SpA LTS:0DFF 4 Return-on-Tangible-Asset is -5.17% as of Sep. 2024. GuruFocus rates LTS:0DFF with a GF Score™ of 4/100.

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. Vincenzo Zucchi SpA's annualized Net Income for the quarter that ended in Sep. 2024 was €-6.64 Mil. Vincenzo Zucchi SpA's average total tangible assets for the quarter that ended in Sep. 2024 was €128.32 Mil. Therefore, Vincenzo Zucchi SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -5.17%.

The historical rank and industry rank for Vincenzo Zucchi SpA's Return-on-Tangible-Asset or its related term are showing as below:

LTS:0DFF's Return-on-Tangible-Asset is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.99
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Vincenzo Zucchi SpA  (LTS:0DFF) 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.


Vincenzo Zucchi SpA Return-on-Tangible-Asset Related Terms


Vincenzo Zucchi SpA Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vincenzo Zucchi SpA'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.

Vincenzo Zucchi SpA Return-on-Tangible-Asset Chart

Vincenzo Zucchi SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.97 3.97 2.14 2.06 -3.59

Vincenzo Zucchi SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -0.19 3.67 -5.01 -5.17 -8.05

LTS:0DFF vs AIN: Return-on-Tangible-Asset Comparison

For the Textile Manufacturing subindustry, Vincenzo Zucchi SpA'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.


Vincenzo Zucchi SpA Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vincenzo Zucchi SpA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vincenzo Zucchi SpA's Return-on-Tangible-Asset falls into.


LTS:0DFF
4GF Score
Vincenzo Zucchi SpA LTS:0DFF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Vincenzo Zucchi SpA Return-on-Tangible-Asset Calculation

Vincenzo Zucchi SpA's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=2.869/( (146.344+131.604)/ 2 )
=2.869/138.974
=2.06 %

Vincenzo Zucchi SpA'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: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-6.64/( (128.111+128.525)/ 2 )
=-6.64/128.318
=-5.17 %

* 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 four times the quarterly (Sep. 2024) net income data.

What does a Return-on-Tangible-Asset of -5.17% mean?
Vincenzo Zucchi SpA (LTS:0DFF) has a Return-on-Tangible-Asset of -5.17% as of Sep. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vincenzo Zucchi SpA and its competitors.
Is Vincenzo Zucchi SpA's Return-on-Tangible-Asset too high?
Vincenzo Zucchi SpA's current Return-on-Tangible-Asset is -5.17%. Overall, Vincenzo Zucchi SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Vincenzo Zucchi SpA's Return-on-Tangible-Asset compare to AIN?
Vincenzo Zucchi SpA's Return-on-Tangible-Asset of -5.17% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Return-on-Tangible-Asset is 1.99. 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,067 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. 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 Vincenzo Zucchi SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vincenzo Zucchi SpA's current Return-on-Tangible-Asset is -5.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vincenzo Zucchi SpA stock overvalued right now?
Vincenzo Zucchi SpA (LTS:0DFF) has a current Return-on-Tangible-Asset of -5.17%. The current Return-on-Tangible-Asset is -5.17%. Vincenzo Zucchi SpA's overall GF Score™ is 4/100. 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 Vincenzo Zucchi SpA (LTS:0DFF), the current Return-on-Tangible-Asset is -5.17% as of Sep. 2024. 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.

Vincenzo Zucchi SpA Business Description

Address Via Legnano, 24, Rescaldina, Milan, ITA, 20027
Vincenzo Zucchi SpA is an Italy-based company and through its subsidiaries is engaged in the manufacturing and marketing of household items. The company offers products for the bedroom, furniture, bathroom, Beach, kitchen, and table.
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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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