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Endor AG (STU:E2N) Return-on-Tangible-Asset : 1.29% (As of Mar. 2024)


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What is Endor AG 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. Endor AG's annualized Net Income for the quarter that ended in Mar. 2024 was €1.60 Mil. Endor AG's average total tangible assets for the quarter that ended in Mar. 2024 was €124.40 Mil. Therefore, Endor AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 1.29%.

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

STU:E2N's Return-on-Tangible-Asset is not ranked *
in the Interactive Media industry.
Industry Median: -1.03
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Endor AG Return-on-Tangible-Asset Historical Data

The historical data trend for Endor AG'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.

Endor AG Return-on-Tangible-Asset Chart

Endor AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.62 28.02 32.98 5.37 4.98

Endor AG Quarterly Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 -65.10 -11.72 -6.39 -4.05 1.29

Competitive Comparison of Endor AG's Return-on-Tangible-Asset

For the Electronic Gaming & Multimedia subindustry, Endor AG'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.


Endor AG's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Endor AG's Return-on-Tangible-Asset distribution charts can be found below:

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


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Endor AG Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=3.756/( (62.061+88.75)/ 2 )
=3.756/75.4055
=4.98 %

Endor AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=1.6/( (124.4+0)/ 1 )
=1.6/124.4
=1.29 %

* 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 four times the quarterly (Mar. 2024) net income data.


Endor AG  (STU:E2N) 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.


Endor AG Return-on-Tangible-Asset Related Terms

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Endor AG Business Description

Traded in Other Exchanges
N/A
Address
E.ON-Allee 3, Landshut, BY, DEU, 84036
Endor AG develops and markets computer input devices. The company provides racing wheels, steering wheels and controllers, pedals, handbrakes, seats, adapters, wheelbases, wheel stands, gears, shifters, and cockpits. The company is also a producer of gaming mice. Endor sells its products primarily to end customers in Europe, the US, Canada, Australia and Japan under the FANATEC brand, largely via e-commerce.
Executives
Daniel Meyberg Board of Directors
Thomas Jackermeier Board of Directors
Andreas Potthoff Supervisory Board

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