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Sakata Seed (TSE:1377) Return-on-Tangible-Asset : 8.59% (As of Nov. 2024)


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What is Sakata Seed 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. Sakata Seed's annualized Net Income for the quarter that ended in Nov. 2024 was 円15,984 Mil. Sakata Seed's average total tangible assets for the quarter that ended in Nov. 2024 was 円186,094 Mil. Therefore, Sakata Seed's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2024 was 8.59%.

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

TSE:1377' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.82   Med: 5.59   Max: 10.13
Current: 10.13

During the past 13 years, Sakata Seed's highest Return-on-Tangible-Asset was 10.13%. The lowest was 3.82%. And the median was 5.59%.

TSE:1377's Return-on-Tangible-Asset is ranked better than
82.26% of 1934 companies
in the Consumer Packaged Goods industry
Industry Median: 3.62 vs TSE:1377: 10.13

Sakata Seed Return-on-Tangible-Asset Historical Data

The historical data trend for Sakata Seed'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.

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Sakata Seed Return-on-Tangible-Asset Chart

Sakata Seed Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 6.13 9.03 6.33 9.38

Sakata Seed Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 4.84 24.00 2.40 8.59 5.79

Competitive Comparison of Sakata Seed's Return-on-Tangible-Asset

For the Farm Products subindustry, Sakata Seed'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.


Sakata Seed's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sakata Seed's Return-on-Tangible-Asset distribution charts can be found below:

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


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Sakata Seed Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=16162/( (156687+187825)/ 2 )
=16162/172256
=9.38 %

Sakata Seed's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=15984/( (187932+184256)/ 2 )
=15984/186094
=8.59 %

* 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 (Nov. 2024) net income data.


Sakata Seed  (TSE:1377) 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.


Sakata Seed Return-on-Tangible-Asset Related Terms

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Sakata Seed Business Description

Traded in Other Exchanges
N/A
Address
2-7-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-0041
Sakata Seed Corporation produces and sells multiple flower and vegetable seeds and various gardening materials. The company has locations all over the globe and sells the seeds to distributors and other producers. Gardening materials may be sold through home improvement retailers, mail-order sales, and garden shops. Additionally, Sakata Seed provides miscellaneous activities, such as landscaping, temporary staffing, and other activities associated with cultivating land. It invests in research and development to monitor breeding and develop new seed varieties and has enhanced revenue by entering into contracts to construct greenhouse and agricultural facilities.

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