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SST (System1) Return-on-Tangible-Asset : -49.15% (As of Mar. 2025)


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What is System1 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. System1's annualized Net Income for the quarter that ended in Mar. 2025 was $-63.5 Mil. System1's average total tangible assets for the quarter that ended in Mar. 2025 was $129.3 Mil. Therefore, System1's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -49.15%.

The historical rank and industry rank for System1's Return-on-Tangible-Asset or its related term are showing as below:

SST' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -56.85   Med: 4.57   Max: 17.94
Current: -56.85

During the past 7 years, System1's highest Return-on-Tangible-Asset was 17.94%. The lowest was -56.85%. And the median was 4.57%.

SST's Return-on-Tangible-Asset is ranked worse than
95.01% of 1083 companies
in the Business Services industry
Industry Median: 3.7 vs SST: -56.85

System1 Return-on-Tangible-Asset Historical Data

The historical data trend for System1'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.

System1 Return-on-Tangible-Asset Chart

System1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 17.94 9.86 - -49.72 -42.12

System1 Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -23.26 -69.50 -63.47 -40.23 -49.15

Competitive Comparison of System1's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, System1'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.


System1's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, System1's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where System1's Return-on-Tangible-Asset falls into.


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System1 Return-on-Tangible-Asset Calculation

System1's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-74.673/( (214.637+139.945)/ 2 )
=-74.673/177.291
=-42.12 %

System1's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-63.532/( (139.945+118.579)/ 2 )
=-63.532/129.262
=-49.15 %

* 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 (Mar. 2025) net income data.


System1  (NYSE:SST) 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.


System1 Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of System1's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


System1 Business Description

Traded in Other Exchanges
N/A
Address
4235 Redwood Avenue, Marina Del Rey, CA, USA, 90066
System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It serves customers in the areas of health and wellness, automotive, finance, travel, and entertainment. The company's segment includes Owned and Operated Advertising (O&O); and Partner Network. It generates maximum revenue from the Owned and Operated Advertising (O&O) segment. Geographically, it operates in United States and Other countries.
Executives
Lone Star Friends Trust 10 percent owner 2301 BROADWAY STREET, SAN ANTONIO TX 78215
L Michael Blend director, officer: See Remarks C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Stanley Blend 10 percent owner C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Cannae Holdings, Inc. 10 percent owner C/O CANNAE HOLDINGS, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Taryn Jogi Naidu director C/O DEMAND MEDIA, INC., 1299 OCEAN AVENUE, FIFTH FLOOR, SANTA MONICA CA 90401
Tridivesh Kidambi officer: CFO & Treasurer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Christopher Stephen Phillips director, 10 percent owner C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Ryan R. Caswell director 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Cannae Holdings, Llc 10 percent owner 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
John Civantos director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Moujan Kazerani director C/O TAILWIND ACQUISITION, 1545 COURTNEY AVENUE, LOS ANGELES CA 90046
Just Develop It Ltd 10 percent owner LARCH HOUSE PARKLANDS BUSINESS PARK, DENMEAD, HAMPSHIRE X0 PO7 6XP
Jdi & Afh Ltd 10 percent owner LARCH HOUSE PARKLANDS BUSINESS PARK, DENMEAD, HAMPSHIRE X0 PO7 6XP
Daniel J Weinrot officer: General Counsel C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Jennifer Lynn Robinson officer: Chief Technology Officer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010