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CyanConnode Holdings (STU:CUAN) Return-on-Tangible-Asset : -24.29% (As of Sep. 2024)


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What is CyanConnode Holdings 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. CyanConnode Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was €-5.06 Mil. CyanConnode Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was €20.82 Mil. Therefore, CyanConnode Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -24.29%.

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

STU:CUAN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -129.65   Med: -55.2   Max: -9.38
Current: -24.79

During the past 13 years, CyanConnode Holdings's highest Return-on-Tangible-Asset was -9.38%. The lowest was -129.65%. And the median was -55.20%.

STU:CUAN's Return-on-Tangible-Asset is ranked worse than
91.69% of 2456 companies
in the Hardware industry
Industry Median: 2.485 vs STU:CUAN: -24.79

CyanConnode Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for CyanConnode Holdings'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.

CyanConnode Holdings Return-on-Tangible-Asset Chart

CyanConnode Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -31.27 -9.48 -18.19 -23.89

CyanConnode Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -43.38 -4.99 -26.01 -24.92 -24.29

Competitive Comparison of CyanConnode Holdings's Return-on-Tangible-Asset

For the Communication Equipment subindustry, CyanConnode Holdings'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.


CyanConnode Holdings's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CyanConnode Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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


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CyanConnode Holdings Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-4.477/( (17.096+20.377)/ 2 )
=-4.477/18.7365
=-23.89 %

CyanConnode Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-5.056/( (20.377+21.254)/ 2 )
=-5.056/20.8155
=-24.29 %

* 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 two times the semi-annual (Sep. 2024) net income data.


CyanConnode Holdings  (STU:CUAN) 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.


CyanConnode Holdings Return-on-Tangible-Asset Related Terms

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CyanConnode Holdings Business Description

Traded in Other Exchanges
Address
The Jeffreys Building, Cowley Road, Suite 2, Ground Floor, St Johns Innovation Park, Cambridge, GBR, CB4 0DS
CyanConnode Holdings PLC designs and develops wireless monitoring and control products for smart metering, lighting, and the Internet of Things applications. The company provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency, and save energy. The company offers a range of solutions including Narrowband RF mesh, Ultimesh, Panmesh, and Omnimesh. The company has operations in Europe, Asia, and Rest of World.

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