The historical rank and industry rank for PIK-specialized Homebuilder PJSC's Return-on-Tangible-Asset or its related term are showing as below:
MIC:PIKK's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.76 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
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 companys 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 companys 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.
PIK-specialized Homebuilder PJSC Return-on-Tangible-Asset Related Terms
PIK-specialized Homebuilder PJSC Return-on-Tangible-Asset Historical Data
* 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.
For the Real Estate - Diversified subindustry, PIK-specialized Homebuilder PJSC'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.
PIK-specialized Homebuilder PJSC Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PIK-specialized Homebuilder PJSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PIK-specialized Homebuilder PJSC's Return-on-Tangible-Asset falls into.
* 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 (Jun. 2023) net income data.
What does a Return-on-Tangible-Asset of 4.53% mean?
PIK-specialized Homebuilder PJSC (MIC:PIKK) has a Return-on-Tangible-Asset of 4.53% as of Jun. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PIK-specialized Homebuilder PJSC and its competitors.
Is PIK-specialized Homebuilder PJSC's Return-on-Tangible-Asset too high?
PIK-specialized Homebuilder PJSC's current Return-on-Tangible-Asset is 4.53%. The Real Estate industry median Return-on-Tangible-Asset is 1.76. PIK-specialized Homebuilder PJSC's value of 4.53% is 157.4% above this industry median. Overall, PIK-specialized Homebuilder PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PIK-specialized Homebuilder PJSC's Return-on-Tangible-Asset compare to competitors?
PIK-specialized Homebuilder PJSC's Return-on-Tangible-Asset of 4.53% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Asset is 1.76. PIK-specialized Homebuilder PJSC's value of 4.53% is 157.4% above this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, based on 1,803 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. PIK-specialized Homebuilder PJSC's current Return-on-Tangible-Asset of 4.53% is 157.4% 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 PIK-specialized Homebuilder PJSC and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIK-specialized Homebuilder PJSC's current Return-on-Tangible-Asset is 4.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIK-specialized Homebuilder PJSC stock overvalued right now?
PIK-specialized Homebuilder PJSC (MIC:PIKK) has a current Return-on-Tangible-Asset of 4.53%. The current Return-on-Tangible-Asset is 4.53% and 157.4% above the Real Estate industry median of 1.76. PIK-specialized Homebuilder PJSC's overall GF Score™ is 17/100. 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 PIK-specialized Homebuilder PJSC (MIC:PIKK), the current Return-on-Tangible-Asset is 4.53% as of Jun. 2023. 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.
PIK-specialized Homebuilder PJSC Business Description
PIK-specialized Homebuilder PJSC develops, constructs, invests and sells real estate properties in Russia. It operates through six segments that include Development, Commercial construction, Maintenance, Industrial, Proptech, and Others segment. The majority of the revenue is generated from the Development segment which implements development plans, identifies investment opportunities, manages projects, and markets real estate projects. The company operates primarily in the Moscow area.
17GF Score
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