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Dataproces Group AS (OCSE:DATA) Return-on-Tangible-Asset : 45.12% (As of Jan. 2025)


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What is Dataproces Group AS 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. Dataproces Group AS's annualized Net Income for the quarter that ended in Jan. 2025 was kr13.29 Mil. Dataproces Group AS's average total tangible assets for the quarter that ended in Jan. 2025 was kr29.46 Mil. Therefore, Dataproces Group AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was 45.12%.

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

OCSE:DATA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -32.2   Med: -4.67   Max: 33.08
Current: 33.08

During the past 6 years, Dataproces Group AS's highest Return-on-Tangible-Asset was 33.08%. The lowest was -32.20%. And the median was -4.67%.

OCSE:DATA's Return-on-Tangible-Asset is ranked better than
97.07% of 2836 companies
in the Software industry
Industry Median: 1.91 vs OCSE:DATA: 33.08

Dataproces Group AS Return-on-Tangible-Asset Historical Data

The historical data trend for Dataproces Group AS'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.

Dataproces Group AS Return-on-Tangible-Asset Chart

Dataproces Group AS Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 9.66 -24.90 -10.91 -32.20 1.58

Dataproces Group AS Quarterly Data
Apr19 Apr20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.41 55.08 12.03 21.60 45.12

Competitive Comparison of Dataproces Group AS's Return-on-Tangible-Asset

For the Information Technology Services subindustry, Dataproces Group AS'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.


Dataproces Group AS's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Dataproces Group AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Dataproces Group AS's Return-on-Tangible-Asset falls into.


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Dataproces Group AS Return-on-Tangible-Asset Calculation

Dataproces Group AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Apr. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=0.343/( (18.679+24.609)/ 2 )
=0.343/21.644
=1.58 %

Dataproces Group AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=13.292/( (19.35+39.572)/ 2 )
=13.292/29.461
=45.12 %

* 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 (Jan. 2025) net income data.


Dataproces Group AS  (OCSE:DATA) 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.


Dataproces Group AS Return-on-Tangible-Asset Related Terms

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Dataproces Group AS Business Description

Traded in Other Exchanges
Address
Skalhuse 13, Nibe, DNK, 9240
Dataproces Group AS is a software and consulting company that specializes in helping customers optimize workflows and finances. It creates value with data and contributes to society by providing advice and Al-supported software solutions that make it possible to make task-solving with customers more efficient.