The historical rank and industry rank for El Ezz Dekheila Steel - Alexandria's Return-on-Tangible-Equity or its related term are showing as below:
CAI:IRAX's Return-on-Tangible-Equity is not ranked *
in the Steel industry.
Industry Median: 6.07 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
El Ezz Dekheila Steel - Alexandria Return-on-Tangible-Equity Historical Data
* 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.
El Ezz Dekheila Steel - Alexandria Return-on-Tangible-Equity Chart
Competitive Comparison of El Ezz Dekheila Steel - Alexandria's Return-on-Tangible-Equity
For the Steel subindustry, El Ezz Dekheila Steel - Alexandria'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.
El Ezz Dekheila Steel - Alexandria's Return-on-Tangible-Equity Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, El Ezz Dekheila Steel - Alexandria's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where El Ezz Dekheila Steel - Alexandria's Return-on-Tangible-Equity falls into.
El Ezz Dekheila Steel - Alexandria Return-on-Tangible-Equity Calculation
* 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 (Mar. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
El Ezz Dekheila Steel - Alexandria (CAI:IRAX) 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.
El Ezz Dekheila Steel - Alexandria Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of El Ezz Dekheila Steel - Alexandria's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Business Description
El Ezz Dekheila Steel - Alexandria is a producer of long and flat steel for use in a wide range of end applications. The company focuses on manufacturing a wide variety of sizes and grades of steel products such as rebar, wire rod, welded wire mesh, hot rolled coil to serve the end applications.
El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Headlines
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