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British Polythene Industries (LSE:BPI) Return-on-Tangible-Equity : 18.33% (As of Dec. 2015)


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What is British Polythene Industries 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. British Polythene Industries's annualized net income for the quarter that ended in Dec. 2015 was £12.2 Mil. British Polythene Industries's average shareholder tangible equity for the quarter that ended in Dec. 2015 was £66.6 Mil. Therefore, British Polythene Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2015 was 18.33%.

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

LSE:BPI's Return-on-Tangible-Equity is not ranked *
in the Packaging & Containers industry.
Industry Median: 7.245
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

British Polythene Industries Return-on-Tangible-Equity Historical Data

The historical data trend for British Polythene Industries'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.

British Polythene Industries Return-on-Tangible-Equity Chart

British Polythene Industries Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.89 36.45 30.23 39.55 32.65

British Polythene Industries Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 10.36 44.54 28.61 47.16 18.33

Competitive Comparison of British Polythene Industries's Return-on-Tangible-Equity

For the Packaging & Containers subindustry, British Polythene Industries'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.


British Polythene Industries's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, British Polythene Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where British Polythene Industries's Return-on-Tangible-Equity falls into.



British Polythene Industries Return-on-Tangible-Equity Calculation

British Polythene Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=17.5/( (35.4+71.8 )/ 2 )
=17.5/53.6
=32.65 %

British Polythene Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2015 )  (Q: Jun. 2015 )(Q: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2015 )  (Q: Jun. 2015 )(Q: Dec. 2015 )
=12.2/( (61.3+71.8)/ 2 )
=12.2/66.55
=18.33 %

* 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 two times the semi-annual (Dec. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


British Polythene Industries  (LSE:BPI) 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.


British Polythene Industries Return-on-Tangible-Equity Related Terms

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British Polythene Industries (LSE:BPI) Business Description

Traded in Other Exchanges
N/A
Address
British Polythene Industries PLC was incorporated on March 16, 1910. It manufactures and supplies polythene films and related products for packaging for the protection of food and other goods. Its products are in use across different market sectors with a focus on agriculture, retail food chain, healthcare and waste services. The Company also engages in recycling of waste polythene film in Europe. The Company has three reportable segments: UK and Ireland, Mainland Europe and North America. UK & Ireland includes all of the UK manufacturing and merchanting activities along with the Irish sales operation which distributes predominately UK manufactured products.It also includes the manufacturing operations in China. Mainland Europe comprises the manufacturing and merchanting activities located in Belgium, the Netherlands and France. North America comprises the manufacturing business in Canada with sales throughout North America and Canada.

British Polythene Industries (LSE:BPI) Headlines

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