Krukivsky Carriage Works PJSC (UKEX:KVBZ) Return-on-Tangible-Asset: 0.88% (As of Dec. 2022)

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UKEX:KVBZ Krukivsky Carriage Works PJSC UKEX:KVBZ
56 GF Score
Price ₴15.16
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What is Krukivsky Carriage Works PJSC Return-on-Tangible-Asset?

Krukivsky Carriage Works PJSC UKEX:KVBZ 56 Return-on-Tangible-Asset is 0.88% as of Dec. 2022. GuruFocus rates UKEX:KVBZ with a GF Score™ of 56/100.

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. Krukivsky Carriage Works PJSC's annualized Net Income for the quarter that ended in Dec. 2022 was ₴41 Mil. Krukivsky Carriage Works PJSC's average total tangible assets for the quarter that ended in Dec. 2022 was ₴4,688 Mil. Therefore, Krukivsky Carriage Works PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 was 0.88%.

The historical rank and industry rank for Krukivsky Carriage Works PJSC's Return-on-Tangible-Asset or its related term are showing as below:

UKEX:KVBZ's Return-on-Tangible-Asset is not ranked *
in the Transportation industry.
Industry Median: 3.79
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Krukivsky Carriage Works PJSC  (UKEX:KVBZ) 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.


Krukivsky Carriage Works PJSC Return-on-Tangible-Asset Related Terms


Krukivsky Carriage Works PJSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Krukivsky Carriage Works PJSC'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.

Krukivsky Carriage Works PJSC Return-on-Tangible-Asset Chart

Krukivsky Carriage Works PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial 14.43 20.37 1.63 -5.17 0.88

Krukivsky Carriage Works PJSC Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset Get a 7-Day Free Trial 14.43 20.37 1.63 -5.17 0.88

UKEX:KVBZ vs RAIL: Return-on-Tangible-Asset Comparison

For the Railroads subindustry, Krukivsky Carriage Works PJSC'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.


Krukivsky Carriage Works PJSC Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Krukivsky Carriage Works PJSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Krukivsky Carriage Works PJSC's Return-on-Tangible-Asset falls into.


UKEX:KVBZ
56GF Score
Krukivsky Carriage Works PJSC UKEX:KVBZ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Krukivsky Carriage Works PJSC Return-on-Tangible-Asset Calculation

Krukivsky Carriage Works PJSC'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 )
=41.288/( (4874.992+4501.74)/ 2 )
=41.288/4688.366
=0.88 %

Krukivsky Carriage Works PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=41.288/( (4874.992+4501.74)/ 2 )
=41.288/4688.366
=0.88 %

* 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 one times the annual (Dec. 2022) net income data.

What does a Return-on-Tangible-Asset of 0.88% mean?
Krukivsky Carriage Works PJSC (UKEX:KVBZ) has a Return-on-Tangible-Asset of 0.88% as of Dec. 2022. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Krukivsky Carriage Works PJSC and its competitors.
Is Krukivsky Carriage Works PJSC's Return-on-Tangible-Asset too high?
Krukivsky Carriage Works PJSC's current Return-on-Tangible-Asset is 0.88%. The Transportation industry median Return-on-Tangible-Asset is 3.79. Krukivsky Carriage Works PJSC's value of 0.88% is 76.8% below this industry median. Overall, Krukivsky Carriage Works PJSC has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Krukivsky Carriage Works PJSC's Return-on-Tangible-Asset compare to RAIL?
Krukivsky Carriage Works PJSC's Return-on-Tangible-Asset of 0.88% can be compared against companies in the Transportation industry. The industry median Return-on-Tangible-Asset is 3.79. Krukivsky Carriage Works PJSC's value of 0.88% is 76.8% below this benchmark. 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.79, based on 1,011 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. Krukivsky Carriage Works PJSC's current Return-on-Tangible-Asset of 0.88% is 76.8% below the industry median. 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 Krukivsky Carriage Works PJSC and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krukivsky Carriage Works PJSC's current Return-on-Tangible-Asset is 0.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krukivsky Carriage Works PJSC stock overvalued right now?
Krukivsky Carriage Works PJSC (UKEX:KVBZ) has a current Return-on-Tangible-Asset of 0.88%. The current Return-on-Tangible-Asset is 0.88% and 76.8% below the Transportation industry median of 3.79. Krukivsky Carriage Works PJSC's overall GF Score™ is 56/100. 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 Krukivsky Carriage Works PJSC (UKEX:KVBZ), the current Return-on-Tangible-Asset is 0.88% as of Dec. 2022. 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.

Krukivsky Carriage Works PJSC Business Description

Address 139, Ivana Prykhodka Street, Kremenchuk, UKR, 39621
Krukivsky Carriage Works PJSC is engaged in the manufacturing of railway vehicles in Ukraine. The company produces new bogies for freight cars, passenger coaches, and metro cars, tunnel and floor-to-floor escalators, and welding electrodes.
56GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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