TTHG (Titanium Holdings Group) Return-on-Tangible-Asset: -4.52% (As of Sep. 2002)

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What is Titanium Holdings Group Return-on-Tangible-Asset?

Titanium Holdings Group TTHG Return-on-Tangible-Asset is -4.52% as of Sep. 2002.

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. Titanium Holdings Group's annualized Net Income for the quarter that ended in Sep. 2002 was $-0.21 Mil. Titanium Holdings Group's average total tangible assets for the quarter that ended in Sep. 2002 was $4.69 Mil. Therefore, Titanium Holdings Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2002 was -4.52%.

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

TTHG's Return-on-Tangible-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 2.735
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Titanium Holdings Group  (OTCPK:TTHG) 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.


Titanium Holdings Group Return-on-Tangible-Asset Related Terms


Titanium Holdings Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Titanium Holdings Group'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.

Titanium Holdings Group Return-on-Tangible-Asset Chart

Titanium Holdings Group Annual Data
Trend Dec99 Dec00 Dec01
Return-on-Tangible-Asset
-17.86 7.83 -11.59

Titanium Holdings Group Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.13 -10.60 -6.48 -39.80 -4.52

TTHG vs MTLK, VBVT, FWLAF: Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, Titanium Holdings Group'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.


Titanium Holdings Group Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Titanium Holdings Group's Return-on-Tangible-Asset distribution charts can be found below:

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



Titanium Holdings Group Return-on-Tangible-Asset Calculation

Titanium Holdings Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2001 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2001 )  (A: Dec. 2000 )(A: Dec. 2001 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2001 )  (A: Dec. 2000 )(A: Dec. 2001 )
=-0.903/( (7.798+7.781)/ 2 )
=-0.903/7.7895
=-11.59 %

Titanium Holdings Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2002 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2002 )  (Q: Jun. 2002 )(Q: Sep. 2002 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2002 )  (Q: Jun. 2002 )(Q: Sep. 2002 )
=-0.212/( (5.074+4.3)/ 2 )
=-0.212/4.687
=-4.52 %

* 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 (Sep. 2002) net income data.

What does a Return-on-Tangible-Asset of -4.52% mean?
Titanium Holdings Group (TTHG) has a Return-on-Tangible-Asset of -4.52% as of Sep. 2002. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Titanium Holdings Group and its competitors.
Is Titanium Holdings Group's Return-on-Tangible-Asset too high?
Titanium Holdings Group's current Return-on-Tangible-Asset is -4.52%.
How does Titanium Holdings Group's Return-on-Tangible-Asset compare to MTLK and VBVT?
Titanium Holdings Group's Return-on-Tangible-Asset of -4.52% can be compared against companies in the Conglomerates industry. The industry median Return-on-Tangible-Asset is 2.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 570 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Titanium Holdings Group and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titanium Holdings Group's current Return-on-Tangible-Asset is -4.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titanium Holdings Group stock overvalued right now?
Titanium Holdings Group (TTHG) has a current Return-on-Tangible-Asset of -4.52%. The current Return-on-Tangible-Asset is -4.52%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Titanium Holdings Group (TTHG), the current Return-on-Tangible-Asset is -4.52% as of Sep. 2002. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Titanium Holdings Group Business Description

Address 1023 Morales Street, San Antonio, TX, USA, 78207
Titanium Holdings Group Inc along with its subsidiary, is engaged in manufacturing and the wholesale distribution of sanitary maintenance supplies and paper products. The group recognizes revenue when products are shipped.