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Fanuc (FANUY) Return-on-Tangible-Equity : 8.46% (As of Dec. 2023)


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What is Fanuc 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. Fanuc's annualized net income for the quarter that ended in Dec. 2023 was $956 Mil. Fanuc's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $11,292 Mil. Therefore, Fanuc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 8.46%.

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

FANUY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.29   Med: 10.63   Max: 16.17
Current: 8.11

During the past 13 years, Fanuc's highest Return-on-Tangible-Equity was 16.17%. The lowest was 5.29%. And the median was 10.63%.

FANUY's Return-on-Tangible-Equity is ranked better than
52.52% of 2919 companies
in the Industrial Products industry
Industry Median: 7.54 vs FANUY: 8.11

Fanuc Return-on-Tangible-Equity Historical Data

The historical data trend for Fanuc'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.

Fanuc Return-on-Tangible-Equity Chart

Fanuc Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 6.78 10.11 10.26 7.62

Fanuc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.31 7.32 8.01 8.46 8.21

Competitive Comparison of Fanuc's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Fanuc'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.


Fanuc's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fanuc's Return-on-Tangible-Equity distribution charts can be found below:

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



Fanuc Return-on-Tangible-Equity Calculation

Fanuc's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=888.802/( (12004.11+11318.575 )/ 2 )
=888.802/11661.3425
=7.62 %

Fanuc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=955.76/( (11268.017+11315.572)/ 2 )
=955.76/11291.7945
=8.46 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fanuc  (OTCPK:FANUY) 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.


Fanuc Return-on-Tangible-Equity Related Terms

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


Fanuc (FANUY) Business Description

Traded in Other Exchanges
Address
3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, JPN, 401-0597
Fanuc provides factory automation products, such as industrial robots, computerized numerical control systems, and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and now commands the top global market share with its CNC systems and industrial robots.

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