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Templeton Emerging Markets Fund (Templeton Emerging Markets Fund) Return-on-Tangible-Equity : 9.42% (As of Aug. 2023)


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What is Templeton Emerging Markets Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Templeton Emerging Markets Fund's annualized net income for the quarter that ended in Aug. 2023 was $19.68 Mil. Templeton Emerging Markets Fund's average shareholder tangible equity for the quarter that ended in Aug. 2023 was $208.89 Mil. Therefore, Templeton Emerging Markets Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was 9.42%.

The historical rank and industry rank for Templeton Emerging Markets Fund's Return-on-Tangible-Equity or its related term are showing as below:

EMF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.36   Med: 7.44   Max: 24.98
Current: 7.57

During the past 7 years, Templeton Emerging Markets Fund's highest Return-on-Tangible-Equity was 24.98%. The lowest was -31.36%. And the median was 7.44%.

EMF's Return-on-Tangible-Equity is ranked better than
59.89% of 1673 companies
in the Asset Management industry
Industry Median: 4.52 vs EMF: 7.57

Templeton Emerging Markets Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Templeton Emerging Markets Fund's Return-on-Tangible-Equity 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.

Templeton Emerging Markets Fund Return-on-Tangible-Equity Chart

Templeton Emerging Markets Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Return-on-Tangible-Equity
Get a 7-Day Free Trial -0.42 15.19 16.73 -31.36 7.44

Templeton Emerging Markets Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.75 -31.19 -33.08 5.86 9.42

Competitive Comparison of Templeton Emerging Markets Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, Templeton Emerging Markets Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Templeton Emerging Markets Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Templeton Emerging Markets Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Templeton Emerging Markets Fund's Return-on-Tangible-Equity falls into.



Templeton Emerging Markets Fund Return-on-Tangible-Equity Calculation

Templeton Emerging Markets Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=16.005/( (216.704+213.497 )/ 2 )
=16.005/215.1005
=7.44 %

Templeton Emerging Markets Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=19.68/( (204.287+213.497)/ 2 )
=19.68/208.892
=9.42 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Aug. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Templeton Emerging Markets Fund  (NYSE:EMF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Templeton Emerging Markets Fund Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Templeton Emerging Markets Fund's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Templeton Emerging Markets Fund (Templeton Emerging Markets Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 South East 2nd Street, Fort Lauderdale, Fort Lauderdale, FL, USA, 33301-1923
Templeton Emerging Markets Fund is a closed-end management investment company. It seeks long-term capital appreciation by investing, under normal market conditions, at least 80% of its net assets in emerging country equity securities. It invests in various sectors such as financials, consumer staples, industrials, telecommunication, insurance, Entertainment, banks, and others.
Executives
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Terrence J. Checki other: Trustee HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Manraj S Sekhon officer: President and CEO - IM 7 TEMASEK BOULEVARD, #38-03 SUNTEC TOWER ONE, SINGAPORE U0 038987
Bates Ann Torre other: Trustee 300 CONTINENTAL DRIVE, NEWARK DE 19713
Matthew T. Hinkle officer: CEO - Finance & Admin 3344 QUALITY DRIVE, RANCHO CORDOVA CA 95670-7313
Robert Kubilis officer: CFO, CAO and Treasurer FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923

Templeton Emerging Markets Fund (Templeton Emerging Markets Fund) Headlines