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Shepherd Neame (AQSE:SHEP) Return-on-Tangible-Equity : 0.72% (As of Dec. 2023)


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What is Shepherd Neame 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. Shepherd Neame's annualized net income for the quarter that ended in Dec. 2023 was £1.3 Mil. Shepherd Neame's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £177.6 Mil. Therefore, Shepherd Neame's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.72%.

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

AQSE:SHEP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.06   Med: 4.24   Max: 7.11
Current: -0.09

During the past 13 years, Shepherd Neame's highest Return-on-Tangible-Equity was 7.11%. The lowest was -10.06%. And the median was 4.24%.

AQSE:SHEP's Return-on-Tangible-Equity is ranked worse than
76.27% of 316 companies
in the Restaurants industry
Industry Median: 11.495 vs AQSE:SHEP: -0.09

Shepherd Neame Return-on-Tangible-Equity Historical Data

The historical data trend for Shepherd Neame'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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Shepherd Neame Return-on-Tangible-Equity Chart

Shepherd Neame Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 -9.90 -10.06 3.63 1.95

Shepherd Neame Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.98 2.29 4.80 -0.90 0.72

Competitive Comparison of Shepherd Neame's Return-on-Tangible-Equity

For the Restaurants subindustry, Shepherd Neame'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.


Shepherd Neame's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shepherd Neame's Return-on-Tangible-Equity distribution charts can be found below:

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



Shepherd Neame Return-on-Tangible-Equity Calculation

Shepherd Neame's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=3.462/( (176.952+178.373 )/ 2 )
=3.462/177.6625
=1.95 %

Shepherd Neame'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=1.284/( (178.373+176.914)/ 2 )
=1.284/177.6435
=0.72 %

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


Shepherd Neame  (AQSE:SHEP) 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.


Shepherd Neame Return-on-Tangible-Equity Related Terms

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Shepherd Neame (AQSE:SHEP) Business Description

Traded in Other Exchanges
Address
17 Court Street, Faversham, Kent, GBR, ME13 7AX
Shepherd Neame Ltd is engaged in the brewing and packaging of beer, wholesaling and retailing of beer, cider, wines, spirits and minerals, property ownership and public house, and providing hotel management services. Its operating segments include Brewing and Brands, Retail Pubs, and Tenanted Pubs. The company's brands include Master Brew, Whitstable Bay, Queen Court, India Pale Ale, Samuel Adams, Asahi and Bishops Finger. It generates maximum revenue from the Managed Pubs segment. Geographically, it derives a majority of revenue from the United Kingdom.

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