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Finaxo EnvironnementXPAR:MLFXO 41 Return-on-Tangible-Asset is 24.66% as of Dec. 2024, which is 1% below its 10-year median of 25.00. GuruFocus rates XPAR:MLFXO with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 246 Waste Management companies, Finaxo Environnement ranks better than 97.97% 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. Finaxo Environnement's annualizedNet Income for the quarter that ended in Dec. 2024 was €0.34 Mil. Finaxo Environnement's average total tangible assets for the quarter that ended in Dec. 2024 was €1.40 Mil. Therefore, Finaxo Environnement's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 24.66%.
The historical rank and industry rank for Finaxo Environnement's Return-on-Tangible-Asset or its related term are showing as below:
XPAR:MLFXO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 24.66 Med: 25 Max: 25.33
Current: 24.66
During the past 2 years, Finaxo Environnement's highest Return-on-Tangible-Asset was 25.33%. The lowest was 24.66%. And the median was 25.00%.
XPAR:MLFXO's Return-on-Tangible-Asset is ranked better than 97.97% of 246
companies
in the Waste Management industry
Industry Median: 2.275
vs XPAR:MLFXO: 24.66
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.
Finaxo Environnement Return-on-Tangible-Asset Related Terms
Finaxo Environnement Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Finaxo Environnement'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.
XPAR:MLFXO vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Finaxo Environnement'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.
Finaxo Environnement Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Finaxo Environnement's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Finaxo Environnement'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. 2024) net income data.
What does a Return-on-Tangible-Asset of 24.66% mean?
Finaxo Environnement (XPAR:MLFXO) has a Return-on-Tangible-Asset of 24.66% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Finaxo Environnement and its competitors. This is near median its historical median of 25.00. Over the past decade, Finaxo Environnement's Return-on-Tangible-Asset has ranged from 24.66 to 25.33. According to the industry distribution chart, Finaxo Environnement ranks #5 out of 246 companies in the Waste Management industry, placing it in the top 2%.
Is Finaxo Environnement's Return-on-Tangible-Asset too high?
Finaxo Environnement's current Return-on-Tangible-Asset of 24.66% is near median its 10-year median of 25.00. Over the past 10 years, this metric has ranged from a low of 24.66 to a high of 25.33. The Waste Management industry median Return-on-Tangible-Asset is 2.28. Finaxo Environnement's value of 24.66% is 984% above this industry median. Based on the distribution chart, Finaxo Environnement ranks #5 out of 246 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Finaxo Environnement has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Finaxo Environnement's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Finaxo Environnement ranks #5 out of 246 companies for Return-on-Tangible-Asset. This places Finaxo Environnement in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.28. Finaxo Environnement's value of 24.66% is 984% above this benchmark. Historically, Finaxo Environnement's own Return-on-Tangible-Asset has ranged from 24.66 to 25.33 over the past decade. While the company's 10-year median is 25.00 vs. the industry median of 2.28, Finaxo Environnement has consistently been above the industry average. 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.28, based on 246 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. Finaxo Environnement's current Return-on-Tangible-Asset of 24.66% is 984% 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 Finaxo Environnement and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finaxo Environnement's current Return-on-Tangible-Asset is 24.66%, which is near median its own 10-year median of 25.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finaxo Environnement stock overvalued right now?
Finaxo Environnement (XPAR:MLFXO) has a current Return-on-Tangible-Asset of 24.66%. The current Return-on-Tangible-Asset is 24.66%, which is near median its 10-year median of 25.00 and 984% above the Waste Management industry median of 2.28. Finaxo Environnement's overall GF Score™ is 41/100 with 1 warning sign to review. 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 Finaxo Environnement (XPAR:MLFXO), the current Return-on-Tangible-Asset is 24.66% as of Dec. 2024. 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.
Finaxo Environnement is a France-based company engaged in the business of developing water treatment solutions for agricultural cooperatives, industrialists, waste collectors, wine industry, among others.
41GF Score
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