What is John Bnfilippo & Son 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. John Bnfilippo & Son's annualized net income for the quarter that ended in Dec. 2023 was $76.7 Mil. John Bnfilippo & Son's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $279.2 Mil. Therefore, John Bnfilippo & Son's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 27.47%.
The historical rank and industry rank for John Bnfilippo & Son's Return-on-Tangible-Equity or its related term are showing as below:
JBSS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.25 Med: 16.3 Max: 27.2
Current: 24.66
During the past 13 years, John Bnfilippo & Son's highest Return-on-Tangible-Equity was 27.20%. The lowest was 12.25%. And the median was 16.30%.
JBSS's Return-on-Tangible-Equity is ranked better than 83.96% of 1789
companies
in the Consumer Packaged Goods industry
Industry Median: 7.46
vs JBSS: 24.66
John Bnfilippo & Son Return-on-Tangible-Equity Historical Data
The historical data trend for John Bnfilippo & Son'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.
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John Bnfilippo & Son Return-on-Tangible-Equity Chart
Competitive Comparison of John Bnfilippo & Son's Return-on-Tangible-Equity
For the Packaged Foods subindustry, John Bnfilippo & Son'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.
John Bnfilippo & Son's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, John Bnfilippo & Son's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where John Bnfilippo & Son's Return-on-Tangible-Equity falls into.
John Bnfilippo & Son Return-on-Tangible-Equity Calculation
John Bnfilippo & Son's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
John Bnfilippo & Son (NAS:JBSS) 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.
John Bnfilippo & Son Return-on-Tangible-Equity Related Terms
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John Bnfilippo & Son (John Bnfilippo & Son) Business Description
John B Sanfilippo & Son Inc is one of the processors and distributors of peanuts, pecans, cashews, walnuts, almonds, and other nuts in the United States. These nuts are sold under a variety of private brands and under the Fisher, Orchard Valley Harvest, and Sunshine Country brand names. It also market and distribute, and in the majority of cases, manufacture or process, a diverse product line of food and snack products, including peanut butter, almond butter, cashew butter, candy and confections, snacks and trail mixes, snack bites, sunflower kernels, dried fruit, corn snacks, sesame sticks and other sesame snack products under private brands and brand names.
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