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Flow Traders (Flow Traders) Return-on-Tangible-Equity : 4.39% (As of Dec. 2023)


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What is Flow Traders 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. Flow Traders's annualized net income for the quarter that ended in Dec. 2023 was $27.92 Mil. Flow Traders's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $635.94 Mil. Therefore, Flow Traders's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 4.39%.

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

FLTLF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.15   Med: 29.33   Max: 101.17
Current: 2.15

During the past 12 years, Flow Traders's highest Return-on-Tangible-Equity was 101.17%. The lowest was 2.15%. And the median was 29.33%.

FLTLF's Return-on-Tangible-Equity is ranked worse than
63.97% of 766 companies
in the Capital Markets industry
Industry Median: 5.76 vs FLTLF: 2.15

Flow Traders Return-on-Tangible-Equity Historical Data

The historical data trend for Flow Traders'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.

Flow Traders Return-on-Tangible-Equity Chart

Flow Traders 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 15.69 104.42 20.17 22.17 6.18

Flow Traders Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 21.83 19.53 - 4.25 4.39

Competitive Comparison of Flow Traders's Return-on-Tangible-Equity

For the Capital Markets subindustry, Flow Traders'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.


Flow Traders's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flow Traders's Return-on-Tangible-Equity distribution charts can be found below:

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



Flow Traders Return-on-Tangible-Equity Calculation

Flow Traders'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 )
=39.423/( (640.199+635.944 )/ 2 )
=39.423/638.0715
=6.18 %

Flow Traders'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 )
=27.916/( (0+635.944)/ 1 )
=27.916/635.944
=4.39 %

* 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.


Flow Traders  (GREY:FLTLF) 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.


Flow Traders Return-on-Tangible-Equity Related Terms

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


Flow Traders (Flow Traders) Business Description

Traded in Other Exchanges
Address
Jacob Bontiusplaats 9, Amsterdams, NLD, 1018 LL
Flow Traders Ltd is a financial technology company operating in the global financial markets, using its proprietary technology platform to provide liquidity by quoting bid and ask prices in financial products. It ensures the provision of the liquidity to support the uninterrupted functioning of financial markets. The company's core trading focus is on exchange-traded products (ETPs), enabling investors to buy and sell ETPs by quoting bid and ask prices under virtually all market circumstances. The group operates in various geographical region Netherlands, Romania, United States of America, Singapore and Hong Kong.

Flow Traders (Flow Traders) Headlines