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SICOR Cote d'IvoireXBRV:SICC 33 Return-on-Tangible-Asset is 25.99% as of Dec. 2018. GuruFocus rates XBRV:SICC with a GF Score™ of 33/100. Among 2,015 Consumer Packaged Goods companies, SICOR Cote d'Ivoire ranks worse than 49627.74% on this metric.
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. SICOR Cote d'Ivoire's annualizedNet Income for the quarter that ended in Dec. 2018 was XOF989 Mil. SICOR Cote d'Ivoire's average total tangible assets for the quarter that ended in Dec. 2018 was XOF0 Mil. Therefore, SICOR Cote d'Ivoire's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2018 was 25.99%.
The historical rank and industry rank for SICOR Cote d'Ivoire's Return-on-Tangible-Asset or its related term are showing as below:
XBRV:SICC's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.52 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
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.
SICOR Cote d'Ivoire Return-on-Tangible-Asset Related Terms
SICOR Cote d'Ivoire Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SICOR Cote d'Ivoire'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.
XBRV:SICC vs : Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, SICOR Cote d'Ivoire'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.
SICOR Cote d'Ivoire Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, SICOR Cote d'Ivoire's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SICOR Cote d'Ivoire's Return-on-Tangible-Asset falls into.
* 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. 2018) net income data.
What does a Return-on-Tangible-Asset of 25.99% mean?
SICOR Cote d'Ivoire (XBRV:SICC) has a Return-on-Tangible-Asset of 25.99% as of Dec. 2018. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SICOR Cote d'Ivoire and its competitors. According to the industry distribution chart, SICOR Cote d'Ivoire ranks #999999 out of 2015 companies in the Consumer Packaged Goods industry.
Is SICOR Cote d'Ivoire's Return-on-Tangible-Asset too high?
SICOR Cote d'Ivoire's current Return-on-Tangible-Asset is 25.99%. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. SICOR Cote d'Ivoire's value of 25.99% is 638.4% above this industry median. Based on the distribution chart, SICOR Cote d'Ivoire ranks #999999 out of 2015 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, SICOR Cote d'Ivoire has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SICOR Cote d'Ivoire's Return-on-Tangible-Asset compare to ?
According to the Consumer Packaged Goods industry distribution chart, SICOR Cote d'Ivoire ranks #999999 out of 2015 companies for Return-on-Tangible-Asset. This places SICOR Cote d'Ivoire in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.52. SICOR Cote d'Ivoire's value of 25.99% is 638.4% above 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 2,015 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. SICOR Cote d'Ivoire's current Return-on-Tangible-Asset of 25.99% is 638.4% above 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 SICOR Cote d'Ivoire and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SICOR Cote d'Ivoire's current Return-on-Tangible-Asset is 25.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SICOR Cote d'Ivoire stock overvalued right now?
SICOR Cote d'Ivoire (XBRV:SICC) has a current Return-on-Tangible-Asset of 25.99%. The current Return-on-Tangible-Asset is 25.99% and 638.4% above the Consumer Packaged Goods industry median of 3.52. SICOR Cote d'Ivoire's overall GF Score™ is 33/100. 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 SICOR Cote d'Ivoire (XBRV:SICC), the current Return-on-Tangible-Asset is 25.99% as of Dec. 2018. 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.
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