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AusGroup (SGX:5GJ) Return-on-Tangible-Asset : -103.33% (As of Jun. 2022)


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What is AusGroup 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. AusGroup's annualized Net Income for the quarter that ended in Jun. 2022 was S$-124.6 Mil. AusGroup's average total tangible assets for the quarter that ended in Jun. 2022 was S$120.6 Mil. Therefore, AusGroup's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was -103.33%.

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

SGX:5GJ's Return-on-Tangible-Asset is not ranked *
in the Construction industry.
Industry Median: 2.73
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

AusGroup Return-on-Tangible-Asset Historical Data

The historical data trend for AusGroup'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.

AusGroup Return-on-Tangible-Asset Chart

AusGroup Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.46 1.13 -39.46 0.94 -24.72

AusGroup Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.36 0.62 0.13 0.31 -103.33

Competitive Comparison of AusGroup's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, AusGroup'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.


AusGroup's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, AusGroup's Return-on-Tangible-Asset distribution charts can be found below:

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



AusGroup Return-on-Tangible-Asset Calculation

AusGroup's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-30.819/( (134.321+115.053)/ 2 )
=-30.819/124.687
=-24.72 %

AusGroup's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-124.64/( (126.193+115.053)/ 2 )
=-124.64/120.623
=-103.33 %

* 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. 2022) net income data.


AusGroup  (SGX:5GJ) 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.


AusGroup Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of AusGroup's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


AusGroup (SGX:5GJ) Business Description

Traded in Other Exchanges
N/A
Address
Level 1, 18-32 Parliament Place, West Perth, Perth, WA, AUS, 6005
AusGroup Ltd is an investment holding company. The firm has five reportable segments namely Projects, Access Services, Fabrication and manufacturing, Maintenance Services and Port and Marine Services. Projects segment provides construction services including design, structural, mechanical, piping, painting, insulation and fireproofing. Access services include scaffolding, engineering and design, labor supply and stock control, logistics, transportation and rope services. Fabrication provides turnkey solutions to the oil and gas sector. Maintenance services provide preventative and breakdown maintenance shut down services and sustaining capital works. Marine provides support services to the offshore oil and gas industry. Maintenance services contribute most to the total revenue of the firm.

AusGroup (SGX:5GJ) Headlines

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