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Big C Supercenter PCL (Big C Supercenter PCL) Return-on-Tangible-Equity : 32.41% (As of Jun. 2017)


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What is Big C Supercenter PCL 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. Big C Supercenter PCL's annualized net income for the quarter that ended in Jun. 2017 was $189 Mil. Big C Supercenter PCL's average shareholder tangible equity for the quarter that ended in Jun. 2017 was $584 Mil. Therefore, Big C Supercenter PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was 32.41%.

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

BGCUF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.9   Med: 46.73   Max: Negative Tangible Equity
Current: 31.76

During the past 13 years, Big C Supercenter PCL's highest Return-on-Tangible-Equity was Negative Tangible Equity%. The lowest was 17.90%. And the median was 46.73%.

BGCUF's Return-on-Tangible-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.285 vs BGCUF: 31.76

Big C Supercenter PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Big C Supercenter PCL'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.

Big C Supercenter PCL Return-on-Tangible-Equity Chart

Big C Supercenter PCL Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 278.04 92.25 52.79 38.70

Big C Supercenter PCL Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 56.05 37.17 24.84 32.97 32.41

Competitive Comparison of Big C Supercenter PCL's Return-on-Tangible-Equity

For the Department Stores subindustry, Big C Supercenter PCL'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.


Big C Supercenter PCL's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Big C Supercenter PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Big C Supercenter PCL's Return-on-Tangible-Equity falls into.



Big C Supercenter PCL Return-on-Tangible-Equity Calculation

Big C Supercenter PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=179.125/( (407.702+518.054 )/ 2 )
=179.125/462.878
=38.70 %

Big C Supercenter PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=189.324/( (575.386+592.86)/ 2 )
=189.324/584.123
=32.41 %

* 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 (Jun. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Big C Supercenter PCL  (GREY:BGCUF) 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.


Big C Supercenter PCL Return-on-Tangible-Equity Related Terms

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


Big C Supercenter PCL (Big C Supercenter PCL) Business Description

Traded in Other Exchanges
N/A
Address
Big C Supercenter PCL is an omnichannel retailer mainly located in Thailand. The company has both physical and online stores, and it also offers rental area. The tenants are diverse, including cinemas, kiosks, home-improvement stores, and food vendors. The stores have a variety of formats: hypermarkets targeting middle- to low-income and middle- to high-income customer segments, hybrid hypermarket/wholesale stores targeting wholesale and retail customers, supermarkets for the middle- to low-income customers, convenience stores, and drugstores. The online segment includes a "Happy Fresh" platform website for fresh food delivery, "Big C Shopping Online," and "Cdiscount.co.th", a pure e-commerce platform.

Big C Supercenter PCL (Big C Supercenter PCL) Headlines

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