YMAIF (Yoma Strategic Holdings) Return-on-Tangible-Asset: -2.32% (As of Sep. 2024)

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What is Yoma Strategic Holdings Return-on-Tangible-Asset?

Yoma Strategic Holdings YMAIF Return-on-Tangible-Asset is -2.32% as of Sep. 2024.

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. Yoma Strategic Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was $-22.1 Mil. Yoma Strategic Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was $953.8 Mil. Therefore, Yoma Strategic Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -2.32%.

The historical rank and industry rank for Yoma Strategic Holdings's Return-on-Tangible-Asset or its related term are showing as below:

YMAIF's Return-on-Tangible-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 2.735
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Yoma Strategic Holdings  (OTCPK:YMAIF) 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.


Yoma Strategic Holdings Return-on-Tangible-Asset Related Terms


Yoma Strategic Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Yoma Strategic Holdings'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.

Yoma Strategic Holdings Return-on-Tangible-Asset Chart

Yoma Strategic Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Sep21 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 3.60 -7.18 -1.85 1.80

Yoma Strategic Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.78 -6.29 -0.49 4.20 -2.32

YMAIF vs HON, MMM: Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, Yoma Strategic Holdings'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.


Yoma Strategic Holdings Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Yoma Strategic Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Yoma Strategic Holdings's Return-on-Tangible-Asset falls into.



Yoma Strategic Holdings Return-on-Tangible-Asset Calculation

Yoma Strategic Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Sep. 2021 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Sep. 2021 )(A: Mar. 2024 )
=18.43/( (1065.295+979.781)/ 2 )
=18.43/1022.538
=1.80 %

Yoma Strategic Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-22.084/( (979.781+927.792)/ 2 )
=-22.084/953.7865
=-2.32 %

* 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 two times the semi-annual (Sep. 2024) net income data.

What does a Return-on-Tangible-Asset of -2.32% mean?
Yoma Strategic Holdings (YMAIF) has a Return-on-Tangible-Asset of -2.32% as of Sep. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Yoma Strategic Holdings and its competitors.
Is Yoma Strategic Holdings' Return-on-Tangible-Asset too high?
Yoma Strategic Holdings' current Return-on-Tangible-Asset is -2.32%.
How does Yoma Strategic Holdings' Return-on-Tangible-Asset compare to HON and MMM?
Yoma Strategic Holdings' Return-on-Tangible-Asset of -2.32% can be compared against companies in the Conglomerates 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 a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 570 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 Yoma Strategic Holdings and its competitors. For the Conglomerates 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. Yoma Strategic Holdings's current Return-on-Tangible-Asset is -2.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yoma Strategic Holdings stock overvalued right now?
Yoma Strategic Holdings (YMAIF) has a current Return-on-Tangible-Asset of -2.32%. The current Return-on-Tangible-Asset is -2.32%. 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 Yoma Strategic Holdings (YMAIF), the current Return-on-Tangible-Asset is -2.32% as of Sep. 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.

Yoma Strategic Holdings Business Description

Address 63 Mohamed Sultan Road, No. 02-14, Sultan-Link, Singapore, SGP, 239002
Yoma Strategic Holdings Ltd is an investment holding company. The company's operating segment includes the Yoma land development segment, Yoma Central segment, Yoma land services segment, Yoma motors segment, leasing segment, mobile financial services, food and beverages segment, investments segment, and others. The Yoma land development segment is in the business of property development and the sale of land development rights and development properties. The company generates maximum revenue from the Yoma land development segment. Geographically, it derives a majority of its revenue from Myanmar.