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OPT SciencesOPST Return-on-Tangible-Asset is 10.83% as of Jul. 2015.
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. OPT Sciences's annualizedNet Income for the quarter that ended in Jul. 2015 was $1.70 Mil. OPT Sciences's average total tangible assets for the quarter that ended in Jul. 2015 was $15.69 Mil. Therefore, OPT Sciences's annualized Return-on-Tangible-Asset for the quarter that ended in Jul. 2015 was 10.83%.
The historical rank and industry rank for OPT Sciences's Return-on-Tangible-Asset or its related term are showing as below:
OPST's Return-on-Tangible-Asset is not ranked *
in the Aerospace & Defense industry.
Industry Median: 3.04 * 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.
OPT Sciences Return-on-Tangible-Asset Related Terms
OPT Sciences Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for OPT Sciences'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.
OPST vs SDEV, SIF, OPXS: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, OPT Sciences'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.
OPT Sciences Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where OPT Sciences'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 four times the quarterly (Jul. 2015) net income data.
What does a Return-on-Tangible-Asset of 10.83% mean?
OPT Sciences (OPST) has a Return-on-Tangible-Asset of 10.83% as of Jul. 2015. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on OPT Sciences and its competitors.
Is OPT Sciences' Return-on-Tangible-Asset too high?
OPT Sciences' current Return-on-Tangible-Asset is 10.83%. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.04. OPT Sciences' value of 10.83% is 256.3% above this industry median.
How does OPT Sciences' Return-on-Tangible-Asset compare to SDEV and SIF?
OPT Sciences' Return-on-Tangible-Asset of 10.83% can be compared against companies in the Aerospace & Defense industry. The industry median Return-on-Tangible-Asset is 3.04. OPT Sciences' value of 10.83% is 256.3% 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.04, based on 360 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. OPT Sciences's current Return-on-Tangible-Asset of 10.83% is 256.3% 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 OPT Sciences and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPT Sciences's current Return-on-Tangible-Asset is 10.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current Return-on-Tangible-Asset of 10.83%. The current Return-on-Tangible-Asset is 10.83% and 256.3% above the Aerospace & Defense industry median of 3.04. 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 OPT Sciences (OPST), the current Return-on-Tangible-Asset is 10.83% as of Jul. 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.
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.
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