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Kewaunee Scientific (STU:KEW) Return-on-Tangible-Asset : 3.81% (As of Jan. 2025)


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What is Kewaunee Scientific 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. Kewaunee Scientific's annualized Net Income for the quarter that ended in Jan. 2025 was €5.2 Mil. Kewaunee Scientific's average total tangible assets for the quarter that ended in Jan. 2025 was €137.5 Mil. Therefore, Kewaunee Scientific's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was 3.81%.

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

STU:KEW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.89   Med: 3.56   Max: 14.79
Current: 12.85

During the past 13 years, Kewaunee Scientific's highest Return-on-Tangible-Asset was 14.79%. The lowest was -5.89%. And the median was 3.56%.

STU:KEW's Return-on-Tangible-Asset is ranked better than
93.82% of 437 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.95 vs STU:KEW: 12.85

Kewaunee Scientific Return-on-Tangible-Asset Historical Data

The historical data trend for Kewaunee Scientific'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.

Kewaunee Scientific Return-on-Tangible-Asset Chart

Kewaunee Scientific Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.57 -4.04 -6.14 0.62 14.94

Kewaunee Scientific Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 8.01 34.03 6.54 9.01 3.81

Competitive Comparison of Kewaunee Scientific's Return-on-Tangible-Asset

For the Furnishings, Fixtures & Appliances subindustry, Kewaunee Scientific'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.


Kewaunee Scientific's Return-on-Tangible-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kewaunee Scientific's Return-on-Tangible-Asset distribution charts can be found below:

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


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Kewaunee Scientific Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=17.478/( (108.435+125.602)/ 2 )
=17.478/117.0185
=14.94 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=5.232/( (123.451+151.451)/ 2 )
=5.232/137.451
=3.81 %

* 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 (Jan. 2025) net income data.


Kewaunee Scientific  (STU:KEW) 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.


Kewaunee Scientific Return-on-Tangible-Asset Related Terms

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Kewaunee Scientific Business Description

Traded in Other Exchanges
Address
2700 West Front street, Statesville, NC, USA, 28677-2927
Kewaunee Scientific Corp is a designer and manufacturer of technical furniture products for industries investing in spaces where discovery occurs, typically in laboratories. It serves in end-use markets that are all commercial, Life sciences, pharma, education, government and military research, etc. The company operates through two segments: The domestic segment designs manufactures and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, and Others; The International segment provides facility design, engineering, construction, and project management from the planning stage through the testing and commissioning of laboratories. It generates the majority of its revenue from the Domestic business segment.

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