ATB Austria Antriebstechnik AG (WBO:ATB) Return-on-Tangible-Asset : -1.03% (As of Sep. 2015)

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What is ATB Austria Antriebstechnik AG 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. ATB Austria Antriebstechnik AG's annualized Net Income for the quarter that ended in Sep. 2015 was €-3.4 Mil. ATB Austria Antriebstechnik AG's average total tangible assets for the quarter that ended in Sep. 2015 was €333.7 Mil. Therefore, ATB Austria Antriebstechnik AG's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 was -1.03%.

The historical rank and industry rank for ATB Austria Antriebstechnik AG's Return-on-Tangible-Asset or its related term are showing as below:

WBO:ATB' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -44.38 Med: 0.1 Max: 13.26
Current: 4.56

During the past 12 years, ATB Austria Antriebstechnik AG's highest Return-on-Tangible-Asset was 13.26%. The lowest was -44.38%. And the median was 0.10%.

WBO:ATB's Return-on-Tangible-Asset is not ranked
in the Industrial Products industry.
Industry Median: 3.77 vs WBO:ATB: 4.56

ATB Austria Antriebstechnik AG Return-on-Tangible-Asset Historical Data

The historical data trend for ATB Austria Antriebstechnik AG'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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ATB Austria Antriebstechnik AG Return-on-Tangible-Asset Chart

ATB Austria Antriebstechnik AG Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Return-on-Tangible-Asset

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-44.38

13.26

5.04

9.03

3.52

ATB Austria Antriebstechnik AG Quarterly Data
	Dec06	Dec07	Dec08	Jun09	Dec09	Mar10	Jun10	Dec10	Mar11	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Sep14	Dec14	Jun15	Sep15
Return-on-Tangible-Asset	Get a 7-Day Free Trial															-1.08	1.80	11.25	2.46	-1.03

Competitive Comparison of ATB Austria Antriebstechnik AG's Return-on-Tangible-Asset

For the Specialty Industrial Machinery subindustry, ATB Austria Antriebstechnik AG'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.

ATB Austria Antriebstechnik AG's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATB Austria Antriebstechnik AG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where ATB Austria Antriebstechnik AG's Return-on-Tangible-Asset falls into.

ATB Austria Antriebstechnik AG Return-on-Tangible-Asset Calculation

ATB Austria Antriebstechnik AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2014 is calculated as:

Return-on-Tangible-Asset	=	Net Income	/	( (Total Tangible Assets	+	Total Tangible Assets)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	Net Income	/	( (Total Assets - Intangible Assets	+	Total Assets - Intangible Assets)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	10.819	/	( (283.118	+	332.3)	/ 2 )
	=	10.819	/	307.709
	=	3.52 %

ATB Austria Antriebstechnik AG's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 is calculated as:

Return-on-Tangible-Asset	=	Net Income	/	( (Total Tangible Assets	+	Total Tangible Assets)	/ count )
		(Q: Sep. 2015 )		(Q: Jun. 2015 )		(Q: Sep. 2015 )
	=	Net Income	/	( (Total Assets - Intangible Assets	+	Total Assets - Intangible Assets)	/ count )
		(Q: Sep. 2015 )		(Q: Jun. 2015 )		(Q: Sep. 2015 )
	=	-3.428	/	( (325.956	+	341.532)	/ 2 )
	=	-3.428	/	333.744
	=	-1.03 %

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. 2015) net income data.

ATB Austria Antriebstechnik AG (WBO:ATB) 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 companys 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 companys 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.

ATB Austria Antriebstechnik AG Return-on-Tangible-Asset Related Terms

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ATB Austria Antriebstechnik AG (WBO:ATB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.atb-motors.com

ATB Austria Antriebstechnik AG develops, manufactures and markets electric motors. The Company's motors have an output between .02 and 250 kW and are used for industrial applications, heating systems, gardening implements and domestic appliances.

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