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Apollo Education Group (Apollo Education Group) Return-on-Tangible-Equity : 2.66% (As of Nov. 2016)


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What is Apollo Education Group 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. Apollo Education Group's annualized net income for the quarter that ended in Nov. 2016 was $16 Mil. Apollo Education Group's average shareholder tangible equity for the quarter that ended in Nov. 2016 was $612 Mil. Therefore, Apollo Education Group's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2016 was 2.66%.

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

APOL's Return-on-Tangible-Equity is not ranked *
in the Education industry.
Industry Median: 10.13
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Apollo Education Group Return-on-Tangible-Equity Historical Data

The historical data trend for Apollo Education Group'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.

Apollo Education Group Return-on-Tangible-Equity Chart

Apollo Education Group Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.87 31.91 25.96 4.01 -12.43

Apollo Education Group Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.77 -36.17 14.34 10.54 2.66

Competitive Comparison of Apollo Education Group's Return-on-Tangible-Equity

For the Education & Training Services subindustry, Apollo Education Group'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.


Apollo Education Group's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Apollo Education Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Apollo Education Group's Return-on-Tangible-Equity falls into.



Apollo Education Group Return-on-Tangible-Equity Calculation

Apollo Education Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2016 )  (A: Aug. 2015 )(A: Aug. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2016 )  (A: Aug. 2015 )(A: Aug. 2016 )
=-84.554/( (754.124+606.489 )/ 2 )
=-84.554/680.3065
=-12.43 %

Apollo Education Group's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2016 )  (Q: Aug. 2016 )(Q: Nov. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2016 )  (Q: Aug. 2016 )(Q: Nov. 2016 )
=16.28/( (606.489+617.83)/ 2 )
=16.28/612.1595
=2.66 %

* 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 four times the quarterly (Nov. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Apollo Education Group  (NAS:APOL) 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.


Apollo Education Group Return-on-Tangible-Equity Related Terms

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


Apollo Education Group (Apollo Education Group) Business Description

Traded in Other Exchanges
N/A
Address
Apollo Education Group Inc was incorporated in Arizona in 1981. It offers educational programs and services, online and on-campus at the undergraduate, master's and doctoral levels. Its learning platforms include the following The University of Phoenix, Inc., Apollo Global, Inc. which also includes BPP Holdings Limited, Universidad Latinoamericana, Universidad de Artes, Ciencias y Comunicación, and Indian Education Services Private Ltd., Western International University, Inc., Institute for Professional Development, The College for Financial Planning Institutes Corporation, Carnegie Learning, Inc., and Apollo Lightspeed. Its institutions offer Accredited Degree Programs, Professional Examinations Training and Professional Development, and Employers. The Company's international operations include full-time and part-time courses, delivered on-campus or online, for professional examination preparation, professional development training and various degree/certificate/diploma programs. It competes mainly with traditional public and private two-year and four-year degree-granting regionally accredited colleges and universities, other proprietary degree-granting regionally accredited schools and alternatives to higher education. Its domestic postsecondary institutions are subject to extensive federal and state regulations.
Executives
Sean Martin officer: SVP, General Counsel ONE BAXTER PARKWAY, DEERFIELD IL 60015
Ann Kirschner director 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard H Dozer director VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Robert S Murley director 4025 S. RIVERPOINT PARKWAY, M/S CF-K815, PHOENIX AZ 85040
James Mitchell Bowling officer: SVP, COO 4025 S RIVERPOINT PKWY MS CF-K808 PHOENIX AZ 85040
Terri C Bishop director, officer: Vice Chairman 4025 S RIVERPOINT PKWY, PHOENIX AZ 85040
Peter V Sperling director, officer: Chairman of the Board 4615 E ELWOOD, PHOENIX AZ 85040
Darby E Shupp director 4025 S RIVERPOINT PKWY, M/S CF-X01, PHOENIX AZ 85040
Gregory James Iverson officer: SVP, CFO, CAO & Treasurer 4025 S. RIVERPOINT PARKWAY, CF-K809, PHOENIX AZ 85040
Herberger Roy A Jr director 400 E VAN BUREN ST, PO BOX 52132, PHOENIX AZ 85072-2132
Matthew Jr Carter director 550 W ADAMS, STE 900, CHICAGO IL 60661
Manuel Felix Rivelo director 2312 MAGNOLIA BLVD. WEST, SEATTLE WA 98199
Brian L Swartz officer: SVP & CFO 4025 S RIVERPOINT PKWY MAIL-STOP CF-KX04 PHOENIX AZ 85040
P Robert Moya officer: EVP, Special Projects 4025 S RIVERPOINT PKWY, MS CF-KX01, PHOENIX AZ 85040
Di Piazza Samuel A Jr. director 100 BROOKWOOD PLACE, BIRMINGHAM AL 35209

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