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Five Below (MEX:FIVE) Return-on-Tangible-Asset : 0.17% (As of Oct. 2024)


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What is Five Below 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. Five Below's annualized Net Income for the quarter that ended in Oct. 2024 was MXN135 Mil. Five Below's average total tangible assets for the quarter that ended in Oct. 2024 was MXN79,236 Mil. Therefore, Five Below's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2024 was 0.17%.

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

MEX:FIVE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.77   Med: 14.05   Max: 18.25
Current: 6.82

During the past 13 years, Five Below's highest Return-on-Tangible-Asset was 18.25%. The lowest was 5.77%. And the median was 14.05%.

MEX:FIVE's Return-on-Tangible-Asset is ranked better than
73.53% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 2.565 vs MEX:FIVE: 6.82

Five Below Return-on-Tangible-Asset Historical Data

The historical data trend for Five Below'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.

Five Below Return-on-Tangible-Asset Chart

Five Below Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 5.96 10.82 8.06 8.02

Five Below Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.68 20.96 3.21 3.46 0.17

Competitive Comparison of Five Below's Return-on-Tangible-Asset

For the Specialty Retail subindustry, Five Below'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.


Five Below's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's Return-on-Tangible-Asset distribution charts can be found below:

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



Five Below Return-on-Tangible-Asset Calculation

Five Below's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=5171.857/( (62501.677+66506.882)/ 2 )
=5171.857/64504.2795
=8.02 %

Five Below's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=135.172/( (74634.446+83837.799)/ 2 )
=135.172/79236.1225
=0.17 %

* 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 (Oct. 2024) net income data.


Five Below  (MEX:FIVE) 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.


Five Below Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Five Below's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Five Below Business Description

Traded in Other Exchanges
Address
701 Market Street, Suite 300, Philadelphia, PA, USA, 19106
Five Below Inc is a specialty value retailer offering merchandise targeted at the tween and teen demographic. The Company's edited assortment of products includes select brands and licensed merchandise.

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