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Maple Leaf Foods (TSX:MFI) Return-on-Tangible-Asset : 5.48% (As of Mar. 2025)


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What is Maple Leaf Foods 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. Maple Leaf Foods's annualized Net Income for the quarter that ended in Mar. 2025 was C$198 Mil. Maple Leaf Foods's average total tangible assets for the quarter that ended in Mar. 2025 was C$3,619 Mil. Therefore, Maple Leaf Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.48%.

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

TSX:MFI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.95   Med: 3.29   Max: 8.8
Current: 2.55

During the past 13 years, Maple Leaf Foods's highest Return-on-Tangible-Asset was 8.80%. The lowest was -8.95%. And the median was 3.29%.

TSX:MFI's Return-on-Tangible-Asset is ranked worse than
57.73% of 1928 companies
in the Consumer Packaged Goods industry
Industry Median: 3.705 vs TSX:MFI: 2.55

Maple Leaf Foods Return-on-Tangible-Asset Historical Data

The historical data trend for Maple Leaf Foods'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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Maple Leaf Foods Return-on-Tangible-Asset Chart

Maple Leaf Foods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 3.30 -8.95 -3.38 2.61

Maple Leaf Foods Quarterly Data
Jun20 Sep20 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 Premium Member Only 5.40 -2.73 1.90 5.91 5.48

Competitive Comparison of Maple Leaf Foods's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Maple Leaf Foods'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.


Maple Leaf Foods's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

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

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


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Maple Leaf Foods Return-on-Tangible-Asset Calculation

Maple Leaf Foods'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 )
=96.599/( (3780.639+3613.639)/ 2 )
=96.599/3697.139
=2.61 %

Maple Leaf Foods'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 )
=198.252/( (3613.639+3624.715)/ 2 )
=198.252/3619.177
=5.48 %

* 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.


Maple Leaf Foods  (TSX:MFI) 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.


Maple Leaf Foods Return-on-Tangible-Asset Related Terms

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


Maple Leaf Foods Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Corporate Secretary\'S Department, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Inc is a protein company that responsibly produces food products under leading brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., Lightlife and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China.
Executives
Olajumoke Fagbemi Senior Officer
Thomas Patrick Hayes Director
Andrew Gordon Macdonald Director
Linda Mantia Director
Jonathan Wallace Ferguson Mccain Director
Jonathan David Sawatzky Senior Officer
Iain William Stewart Senior Officer
Robert Scott Lorimer Senior Officer
William Elias Aziz Director
Michael Ross Rawle Senior Officer
Katherine Newell Lemon Director
Andreas Liris Senior Officer
Suzanne Hathaway Senior Officer
Adam John Grogan Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Randall Huffman Senior Officer