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Suedzucker AG (HAM:SZU) Return-on-Tangible-Equity : 26.72% (As of Nov. 2023)


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What is Suedzucker AG 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. Suedzucker AG's annualized net income for the quarter that ended in Nov. 2023 was €684 Mil. Suedzucker AG's average shareholder tangible equity for the quarter that ended in Nov. 2023 was €2,560 Mil. Therefore, Suedzucker AG's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 was 26.72%.

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

HAM:SZU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -36.3   Med: 4.62   Max: 27.44
Current: 27.44

During the past 13 years, Suedzucker AG's highest Return-on-Tangible-Equity was 27.44%. The lowest was -36.30%. And the median was 4.62%.

HAM:SZU's Return-on-Tangible-Equity is ranked better than
85.7% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 7.56 vs HAM:SZU: 27.44

Suedzucker AG Return-on-Tangible-Equity Historical Data

The historical data trend for Suedzucker AG'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.

Suedzucker AG Return-on-Tangible-Equity Chart

Suedzucker AG Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.30 -5.55 -5.38 4.37 19.93

Suedzucker AG Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 24.95 23.57 29.07 30.85 26.72

Competitive Comparison of Suedzucker AG's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Suedzucker AG'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.


Suedzucker AG's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Suedzucker AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Suedzucker AG Return-on-Tangible-Equity Calculation

Suedzucker AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=411.7/( (1847.6+2283.2 )/ 2 )
=411.7/2065.4
=19.93 %

Suedzucker AG's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=684/( (2479+2641)/ 2 )
=684/2560
=26.72 %

* 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 (Nov. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Suedzucker AG  (HAM:SZU) 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.


Suedzucker AG Return-on-Tangible-Equity Related Terms

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


Suedzucker AG (HAM:SZU) Business Description

Traded in Other Exchanges
Address
Maximilianstrasse 10, Mannheim, DEU, 68165
Suedzucker AG has five major segments: Sugar, Special products, Crop energies, starch and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's biggest market, and the firm generates most of its revenue in European Union countries.

Suedzucker AG (HAM:SZU) Headlines

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