Istmo Compania de Reaseguros (XPTY:REIS) Return-on-Tangible-Asset: -18.74% (As of Sep. 2016)

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What is Istmo Compania de Reaseguros Return-on-Tangible-Asset?

Istmo Compania de Reaseguros XPTY:REIS Return-on-Tangible-Asset is -18.74% as of Sep. 2016.

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. Istmo Compania de Reaseguros's annualized Net Income for the quarter that ended in Sep. 2016 was $-76.16 Mil. Istmo Compania de Reaseguros's average total tangible assets for the quarter that ended in Sep. 2016 was $406.28 Mil. Therefore, Istmo Compania de Reaseguros's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2016 was -18.74%.

The historical rank and industry rank for Istmo Compania de Reaseguros's Return-on-Tangible-Asset or its related term are showing as below:

XPTY:REIS's Return-on-Tangible-Asset is not ranked *
in the Insurance industry.
Industry Median: 2.74
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Istmo Compania de Reaseguros  (XPTY:REIS) 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.


Istmo Compania de Reaseguros Return-on-Tangible-Asset Related Terms


Istmo Compania de Reaseguros Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Istmo Compania de Reaseguros'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.

Istmo Compania de Reaseguros Return-on-Tangible-Asset Chart

Istmo Compania de Reaseguros Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Asset
Get a 7-Day Free Trial 3.68 3.11 2.99 2.94 -1.41

Istmo Compania de Reaseguros Quarterly Data
Dec09 Dec10 Dec11 Dec12 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.62 -0.38 -2.58 -8.74 -18.74

XPTY:REIS vs BCRH, OXBR, WMIH: Return-on-Tangible-Asset Comparison

For the Insurance - Reinsurance subindustry, Istmo Compania de Reaseguros'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.


Istmo Compania de Reaseguros Return-on-Tangible-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Istmo Compania de Reaseguros's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Istmo Compania de Reaseguros's Return-on-Tangible-Asset falls into.



Istmo Compania de Reaseguros Return-on-Tangible-Asset Calculation

Istmo Compania de Reaseguros's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=-5.529/( (374.086+412.305)/ 2 )
=-5.529/393.1955
=-1.41 %

Istmo Compania de Reaseguros's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=-76.156/( (404.023+408.534)/ 2 )
=-76.156/406.2785
=-18.74 %

* 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. 2016) net income data.

What does a Return-on-Tangible-Asset of -18.74% mean?
Istmo Compania de Reaseguros (XPTY:REIS) has a Return-on-Tangible-Asset of -18.74% as of Sep. 2016. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Istmo Compania de Reaseguros and its competitors.
Is Istmo Compania de Reaseguros' Return-on-Tangible-Asset too high?
Istmo Compania de Reaseguros' current Return-on-Tangible-Asset is -18.74%.
How does Istmo Compania de Reaseguros' Return-on-Tangible-Asset compare to BCRH and OXBR?
Istmo Compania de Reaseguros' Return-on-Tangible-Asset of -18.74% can be compared against companies in the Insurance 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.74, based on 507 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 Istmo Compania de Reaseguros and its competitors. For the Insurance 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. Istmo Compania de Reaseguros's current Return-on-Tangible-Asset is -18.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Istmo Compania de Reaseguros stock overvalued right now?
Istmo Compania de Reaseguros (XPTY:REIS) has a current Return-on-Tangible-Asset of -18.74%. The current Return-on-Tangible-Asset is -18.74%. 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 Istmo Compania de Reaseguros (XPTY:REIS), the current Return-on-Tangible-Asset is -18.74% as of Sep. 2016. 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.

Istmo Compania de Reaseguros Business Description

Address Av Paseo Roberto Motta, Costa del Este, PO Box 0816-03239, Pacific Vista Street, No. PH-51, Panama, PAN
Istmo Compania de Reaseguros Inc is a Panamanian reinsurance company. The Company offers reinsurance, insurance and specialized services.