Affinity Education Group (FRA:A0J) Return-on-Tangible-Equity : 0.00% (As of Jun. 2015)

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What is Affinity Education Group 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. Affinity Education Group's annualized net income for the quarter that ended in Jun. 2015 was €-2.8 Mil. Affinity Education Group's average shareholder tangible equity for the quarter that ended in Jun. 2015 was €-20.1 Mil. Therefore, Affinity Education Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 was N/A%.

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

FRA:A0J's Return-on-Tangible-Equity is not ranked ^*
in the Personal Services industry.
Industry Median: 11.58
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Affinity Education Group Return-on-Tangible-Equity Historical Data

The historical data trend for Affinity Education Group'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.

Affinity Education Group Return-on-Tangible-Equity Chart

Affinity Education Group Annual Data

Trend

Dec14

Return-on-Tangible-Equity

Affinity Education Group Semi-Annual Data
	Jun14	Dec14	Jun15
Return-on-Tangible-Equity	-32.99	52.09	-

Competitive Comparison of Affinity Education Group's Return-on-Tangible-Equity

For the Personal Services subindustry, Affinity Education Group'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.

Affinity Education Group's Return-on-Tangible-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Affinity Education Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Affinity Education Group's Return-on-Tangible-Equity falls into.

Affinity Education Group Return-on-Tangible-Equity Calculation

Affinity Education Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2014 )		(A: . 20 )		(A: Dec. 2014 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2014 )		(A: . 20 )		(A: Dec. 2014 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Affinity Education Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Jun. 2015 )		(Q: Dec. 2014 )		(Q: Jun. 2015 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Jun. 2015 )		(Q: Dec. 2014 )		(Q: Jun. 2015 )
	=	-2.828	/	( (-16.384	+	-23.878)	/ 2 )
	=	-2.828	/	-20.131
	=	N/A %

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 (Jun. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Affinity Education Group (FRA:A0J) 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.

Affinity Education Group Return-on-Tangible-Equity Related Terms

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

Affinity Education Group (FRA:A0J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (FRA:A0J) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://investors.affinityeducation.com.au

Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

Affinity Education Group (FRA:A0J) Headlines

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