Karuturi Global (NSE:KGL) Return-on-Tangible-Asset: 1.46% (As of Dec. 2018)

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What is Karuturi Global Return-on-Tangible-Asset?

Karuturi Global NSE:KGL Return-on-Tangible-Asset is 1.46% as of Dec. 2018.

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. Karuturi Global's annualized Net Income for the quarter that ended in Dec. 2018 was ₹465 Mil. Karuturi Global's average total tangible assets for the quarter that ended in Dec. 2018 was ₹31,838 Mil. Therefore, Karuturi Global's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2018 was 1.46%.

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

NSE:KGL's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.47
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Karuturi Global  (NSE:KGL) 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.


Karuturi Global Return-on-Tangible-Asset Related Terms


Karuturi Global Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Karuturi Global'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.

Karuturi Global Return-on-Tangible-Asset Chart

Karuturi Global Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 1.06 4.80 3.07 1.80

Karuturi Global Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 4.88 1.92 0.48 2.11 1.46

NSE:KGL vs SIAF: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, Karuturi Global'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.


Karuturi Global Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Karuturi Global's Return-on-Tangible-Asset distribution charts can be found below:

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



Karuturi Global Return-on-Tangible-Asset Calculation

Karuturi Global's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=519.307/( (28325.09+29377.271)/ 2 )
=519.307/28851.1805
=1.80 %

Karuturi Global's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Sep. 2018 )(Q: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Sep. 2018 )(Q: Dec. 2018 )
=465.048/( (31837.865+0)/ 1 )
=465.048/31837.865
=1.46 %

* 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 (Dec. 2018) net income data.

What does a Return-on-Tangible-Asset of 1.46% mean?
Karuturi Global (NSE:KGL) has a Return-on-Tangible-Asset of 1.46% as of Dec. 2018. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Karuturi Global and its competitors.
Is Karuturi Global's Return-on-Tangible-Asset too high?
Karuturi Global's current Return-on-Tangible-Asset is 1.46%. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.47. Karuturi Global's value of 1.46% is 57.9% below this industry median.
How does Karuturi Global's Return-on-Tangible-Asset compare to SIAF?
Karuturi Global's Return-on-Tangible-Asset of 1.46% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.47. Karuturi Global's value of 1.46% is 57.9% below 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.47, based on 1,994 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. Karuturi Global's current Return-on-Tangible-Asset of 1.46% is 57.9% below 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 Karuturi Global and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karuturi Global's current Return-on-Tangible-Asset is 1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karuturi Global stock overvalued right now?
Karuturi Global (NSE:KGL) has a current Return-on-Tangible-Asset of 1.46%. The current Return-on-Tangible-Asset is 1.46% and 57.9% below the Consumer Packaged Goods industry median of 3.47. 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 Karuturi Global (NSE:KGL), the current Return-on-Tangible-Asset is 1.46% as of Dec. 2018. 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.

Karuturi Global Business Description

Address 11, Crescent Road, Number 204, Embassy Center, Bangalore, KA, IND, 560001
Karuturi Global Ltd is engaged in the manufacturing of flowers, plant and plant materials. The company is a producer and exporter of cut roses and has its operations in India, Ethiopia, Dubai, and Kenya. It is involved in the business of Floriculture, Agriculture, Food processing and Information technology (IT). The Floriculture products consist of cut flowers, pot plants, seeds bulbs, rooted cuttings and dried flowers. Its Agriculture business produces cereal crops like maize, corn, sugarcane, and oilseeds. The Food processing business specializes in gherkin processing such as bay valley foods, mount olive, vlassic, heinz, and lidl. The IT business offers customized e-commerce solutions to companies dealing with perishable goods and commodities, paper industries, and government agencies.