MME Moviement AG (LTS:0NDQ) Return-on-Tangible-Asset: 18.62% (As of Feb. 2015) — Near Median

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What is MME Moviement AG Return-on-Tangible-Asset?

MME Moviement AG LTS:0NDQ Return-on-Tangible-Asset is 18.62% as of Feb. 2015, which is 2% above its 10-year median of 18.30. The stock has 3 warning signs investors should review.

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. MME Moviement AG's annualized Net Income for the quarter that ended in Feb. 2015 was £4.42 Mil. MME Moviement AG's average total tangible assets for the quarter that ended in Feb. 2015 was £23.74 Mil. Therefore, MME Moviement AG's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2015 was 18.62%.

The historical rank and industry rank for MME Moviement AG's Return-on-Tangible-Asset or its related term are showing as below:

LTS:0NDQ' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.7   Med: 18.3   Max: 31.5
Current: 20.93

During the past 11 years, MME Moviement AG's highest Return-on-Tangible-Asset was 31.50%. The lowest was -1.70%. And the median was 18.30%.

LTS:0NDQ's Return-on-Tangible-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 0.8 vs LTS:0NDQ: 20.93

MME Moviement AG  (LTS:0NDQ) 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.


MME Moviement AG Return-on-Tangible-Asset Related Terms


MME Moviement AG Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for MME Moviement AG'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.

MME Moviement AG Return-on-Tangible-Asset Chart

MME Moviement AG Annual Data
Trend Dec04 Dec05 Dec06 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.31 32.32 19.58 15.95 24.71

MME Moviement AG Semi-Annual Data
Dec03 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
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 32.63 5.31 33.06 22.23 18.62

LTS:0NDQ vs REBL, SGA, CSSE: Return-on-Tangible-Asset Comparison

For the Broadcasting subindustry, MME Moviement AG'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.


MME Moviement AG Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MME Moviement AG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where MME Moviement AG's Return-on-Tangible-Asset falls into.



MME Moviement AG Return-on-Tangible-Asset Calculation

MME Moviement AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2014 )  (A: Aug. 2013 )(A: Aug. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2014 )  (A: Aug. 2013 )(A: Aug. 2014 )
=6.507/( (29.087+23.587)/ 2 )
=6.507/26.337
=24.71 %

MME Moviement AG's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2015 )  (Q: Aug. 2014 )(Q: Feb. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2015 )  (Q: Aug. 2014 )(Q: Feb. 2015 )
=4.42/( (23.587+23.889)/ 2 )
=4.42/23.738
=18.62 %

* 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 (Feb. 2015) net income data.

What does a Return-on-Tangible-Asset of 18.62% mean?
MME Moviement AG (LTS:0NDQ) has a Return-on-Tangible-Asset of 18.62% as of Feb. 2015. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MME Moviement AG and its competitors. This is near median its historical median of 18.30.
Is MME Moviement AG's Return-on-Tangible-Asset too high?
MME Moviement AG's current Return-on-Tangible-Asset of 18.62% is near median its 10-year median of 18.30. The Media - Diversified industry median Return-on-Tangible-Asset is 0.80. MME Moviement AG's value of 18.62% is 2227.5% above this industry median.
How does MME Moviement AG's Return-on-Tangible-Asset compare to REBL and SGA?
MME Moviement AG's Return-on-Tangible-Asset of 18.62% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Asset is 0.80. MME Moviement AG's value of 18.62% is 2227.5% above this benchmark. While the company's 10-year median is 18.30 vs. the industry median of 0.80, MME Moviement AG has consistently been above the industry average. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.80, based on 1,030 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. MME Moviement AG's current Return-on-Tangible-Asset of 18.62% is 2227.5% 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 MME Moviement AG and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MME Moviement AG's current Return-on-Tangible-Asset is 18.62%, which is near median its own 10-year median of 18.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MME Moviement AG stock overvalued right now?
MME Moviement AG (LTS:0NDQ) has a current Return-on-Tangible-Asset of 18.62%. The current Return-on-Tangible-Asset is 18.62%, which is near median its 10-year median of 18.30 and 2227.5% above the Media - Diversified industry median of 0.80. 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 MME Moviement AG (LTS:0NDQ), the current Return-on-Tangible-Asset is 18.62% as of Feb. 2015. 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.

MME Moviement AG Business Description

The Company is a leading independent content producer for television entertainment. It supplies TV broadcasters in Germany with its productions in the programme categories Fiction, Non-Fiction, Documentation and Show/Music programming.