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UMS Integration (SGX:558) Return-on-Tangible-Asset : 9.15% (As of Jun. 2024)


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What is UMS Integration 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. UMS Integration's annualized Net Income for the quarter that ended in Jun. 2024 was S$37.3 Mil. UMS Integration's average total tangible assets for the quarter that ended in Jun. 2024 was S$407.6 Mil. Therefore, UMS Integration's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 9.15%.

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

SGX:558' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.01   Med: 18.84   Max: 33.89
Current: 10.01

During the past 13 years, UMS Integration's highest Return-on-Tangible-Asset was 33.89%. The lowest was 10.01%. And the median was 18.84%.

SGX:558's Return-on-Tangible-Asset is ranked better than
83.42% of 1007 companies
in the Semiconductors industry
Industry Median: 2.24 vs SGX:558: 10.01

UMS Integration Return-on-Tangible-Asset Historical Data

The historical data trend for UMS Integration'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.

UMS Integration Return-on-Tangible-Asset Chart

UMS Integration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.83 16.75 18.39 26.20 14.99

UMS Integration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 17.11 11.48 15.40 15.72 9.15

Competitive Comparison of UMS Integration's Return-on-Tangible-Asset

For the Semiconductor Equipment & Materials subindustry, UMS Integration'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.


UMS Integration's Return-on-Tangible-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, UMS Integration's Return-on-Tangible-Asset distribution charts can be found below:

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



UMS Integration Return-on-Tangible-Asset Calculation

UMS Integration's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=59.984/( (401.169+399.214)/ 2 )
=59.984/400.1915
=14.99 %

UMS Integration's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=37.272/( (399.214+415.891)/ 2 )
=37.272/407.5525
=9.15 %

* 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 (Jun. 2024) net income data.


UMS Integration  (SGX:558) 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.


UMS Integration Return-on-Tangible-Asset Related Terms

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UMS Integration Business Description

Traded in Other Exchanges
N/A
Address
23 Changi North Crescent, Changi North Industrial Estate, Singapore, SGP, 499616
UMS Integration Ltd formerly UMS Holdings Ltd operates in the semiconductor industry. It has three segments: semiconductors, which provide precision machining components and equipment modules for semiconductor equipment manufacturers; aerospace segment, which provides precision machining services for the aerospace, electronics, and automotive industry; and the others segment, providing shipment of water disinfection systems, trading of non-ferrous metal alloys, machine sales, and customized cutting tools. The products and services are precision machining, metal finishing process, system integration, refurbishment, prototyping, and vendor-managed inventory. Geographically, the company derives the majority of its revenue from Singapore followed by the USA, Taiwan, Malaysia, and others.

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