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RTL Group (LTS:0MNC) Return-on-Tangible-Asset : 4.33% (As of Jun. 2024)


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What is RTL Group 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. RTL Group's annualized Net Income for the quarter that ended in Jun. 2024 was €264 Mil. RTL Group's average total tangible assets for the quarter that ended in Jun. 2024 was €6,096 Mil. Therefore, RTL Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 4.33%.

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

LTS:0MNC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.76   Med: 14.16   Max: 20.41
Current: 8.85

During the past 13 years, RTL Group's highest Return-on-Tangible-Asset was 20.41%. The lowest was 7.76%. And the median was 14.16%.

LTS:0MNC's Return-on-Tangible-Asset is ranked better than
83.52% of 1056 companies
in the Media - Diversified industry
Industry Median: 0.945 vs LTS:0MNC: 8.85

RTL Group Return-on-Tangible-Asset Historical Data

The historical data trend for RTL Group'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.

* Premium members only.

RTL Group Return-on-Tangible-Asset Chart

RTL Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.02 8.57 20.41 10.30 7.76

RTL Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.80 14.53 2.56 13.67 4.33

Competitive Comparison of RTL Group's Return-on-Tangible-Asset

For the Broadcasting subindustry, RTL Group'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.


RTL Group's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, RTL Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where RTL Group's Return-on-Tangible-Asset falls into.



RTL Group Return-on-Tangible-Asset Calculation

RTL Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=467/( (6144+5889)/ 2 )
=467/6016.5
=7.76 %

RTL Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=264/( (5889+6302)/ 2 )
=264/6095.5
=4.33 %

* 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 (Jun. 2024) net income data.


RTL Group  (LTS:0MNC) 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.


RTL Group Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of RTL Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


RTL Group Business Description

Address
43, Boulevard Pierre Frieden, Luxembourg, LUX, L-1543
RTL Group SA is a broadcasting television company with interests in television channels, video-on-demand platforms, and radio stations. The company has three main areas of business: broadcast, content, and digital. Broadcast includes television and radio; content includes content production and distribution, and digital includes online video and advertisement technology. Business segments include Mediengruppe RTL Deutschland, Groupe M6, Fremantle, RTL Nederland, and Other segments. The company's business units operate in Europe, predominantly in Germany, France, and the Netherlands.

RTL Group Headlines

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