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Fuel Tech (FRA:FUE1) Return-on-Tangible-Equity : 2.73% (As of Mar. 2024)


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What is Fuel Tech 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. Fuel Tech's annualized net income for the quarter that ended in Mar. 2024 was €1.04 Mil. Fuel Tech's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €38.00 Mil. Therefore, Fuel Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 2.73%.

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

FRA:FUE1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.99   Med: -21.31   Max: 0.17
Current: -2.03

During the past 13 years, Fuel Tech's highest Return-on-Tangible-Equity was 0.17%. The lowest was -38.99%. And the median was -21.31%.

FRA:FUE1's Return-on-Tangible-Equity is ranked worse than
80.45% of 2921 companies
in the Industrial Products industry
Industry Median: 7.56 vs FRA:FUE1: -2.03

Fuel Tech Return-on-Tangible-Equity Historical Data

The historical data trend for Fuel Tech'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.

Fuel Tech Return-on-Tangible-Equity Chart

Fuel Tech 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 -29.52 -19.01 0.18 -3.46 -3.63

Fuel Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.91 -9.98 4.47 -5.15 2.73

Competitive Comparison of Fuel Tech's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, Fuel Tech'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.


Fuel Tech's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuel Tech's Return-on-Tangible-Equity distribution charts can be found below:

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



Fuel Tech Return-on-Tangible-Equity Calculation

Fuel Tech'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 )
=-1.41/( (39.958+37.817 )/ 2 )
=-1.41/38.8875
=-3.63 %

Fuel Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1.036/( (37.817+38.178)/ 2 )
=1.036/37.9975
=2.73 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fuel Tech  (FRA:FUE1) 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.


Fuel Tech Return-on-Tangible-Equity Related Terms

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


Fuel Tech (FRA:FUE1) Business Description

Traded in Other Exchanges
Address
27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.

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