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Cybercom Group AB (OSTO:CYBE) Return-on-Tangible-Asset : -12.57% (As of Sep. 2015)


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What is Cybercom Group AB 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. Cybercom Group AB's annualized Net Income for the quarter that ended in Sep. 2015 was kr-53 Mil. Cybercom Group AB's average total tangible assets for the quarter that ended in Sep. 2015 was kr420 Mil. Therefore, Cybercom Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 was -12.57%.

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

OSTO:CYBE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.94   Med: 10.24   Max: 18.35
Current: 3.07

During the past 13 years, Cybercom Group AB's highest Return-on-Tangible-Asset was 18.35%. The lowest was -30.94%. And the median was 10.24%.

OSTO:CYBE's Return-on-Tangible-Asset is not ranked
in the Software industry.
Industry Median: 1.29 vs OSTO:CYBE: 3.07

Cybercom Group AB Return-on-Tangible-Asset Historical Data

The historical data trend for Cybercom Group AB'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.

Cybercom Group AB Return-on-Tangible-Asset Chart

Cybercom Group AB Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.67 -30.86 -11.03 9.15 11.78

Cybercom Group AB Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 9.00 17.99 9.92 -3.06 -12.57

Competitive Comparison of Cybercom Group AB's Return-on-Tangible-Asset

For the Information Technology Services subindustry, Cybercom Group AB'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.


Cybercom Group AB's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Cybercom Group AB's Return-on-Tangible-Asset distribution charts can be found below:

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



Cybercom Group AB Return-on-Tangible-Asset Calculation

Cybercom Group AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=48.839/( (394.608+434.828)/ 2 )
=48.839/414.718
=11.78 %

Cybercom Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=-52.8/( (437.4+402.5)/ 2 )
=-52.8/419.95
=-12.57 %

* 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. 2015) net income data.


Cybercom Group AB  (OSTO:CYBE) 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.


Cybercom Group AB Return-on-Tangible-Asset Related Terms

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Cybercom Group AB (OSTO:CYBE) Business Description

Traded in Other Exchanges
N/A
Address
Cybercom Group AB is an information technology security consultancy firm. The company manages portals and provides electronic services to its customers. It offers a range of services available via mobile phone. The company also provides security, embedded systems, and telecom management. The company's portal services extend to web sites, extranets, intranets, communities, and mobile solutions. It analyzes a company's purpose, competition, target groups, services, and technical requirements before redesigning its portal. The company provides software solutions for media and electronic business. It maintains customer's portals and networks. Its mobile offerings are solutions for application, portal, payment, device management, internet advisory, use experience, and software office. For applications, it provides framework that provides development of mobile clients and support systems. The mobile portal solution creates a mobile equivalent of a customer's web site. The payment solutions include several payment services and methods. The device management offering facilitates distribution of content and firmware over the internet and over the air. The internet advisory services include consultation and support implementation of mobile strategies. It also provides extensive security offerings for a company intranet, portal, and networks. These products include identity and access management, IT forensics, and security verification. The company also handles physical hardware and computers.

Cybercom Group AB (OSTO:CYBE) Headlines