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Fraport AG (Fraport AG) Return-on-Tangible-Equity : 7.42% (As of Dec. 2023)


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What is Fraport AG 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. Fraport AG's annualized net income for the quarter that ended in Dec. 2023 was $335 Mil. Fraport AG's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4,516 Mil. Therefore, Fraport AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 7.42%.

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

FPRUY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.92   Med: 8.95   Max: 12.24
Current: 9.91

During the past 13 years, Fraport AG's highest Return-on-Tangible-Equity was 12.24%. The lowest was -16.92%. And the median was 8.95%.

FPRUY's Return-on-Tangible-Equity is ranked better than
50.37% of 937 companies
in the Transportation industry
Industry Median: 9.83 vs FPRUY: 9.91

Fraport AG Return-on-Tangible-Equity Historical Data

The historical data trend for Fraport AG'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.

Fraport AG Return-on-Tangible-Equity Chart

Fraport AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 -17.77 2.25 3.46 9.97

Fraport AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.30 -2.30 10.74 23.22 7.42

Competitive Comparison of Fraport AG's Return-on-Tangible-Equity

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fraport AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Fraport AG Return-on-Tangible-Equity Calculation

Fraport AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=428.79/( (4019.28+4582.77 )/ 2 )
=428.79/4301.025
=9.97 %

Fraport AG'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 )
=335.004/( (4449.199+4582.77)/ 2 )
=335.004/4515.9845
=7.42 %

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


Fraport AG  (OTCPK:FPRUY) 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.


Fraport AG Return-on-Tangible-Equity Related Terms

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


Fraport AG (Fraport AG) Business Description

Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.