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Dunelm Group (LSE:DNLM) Return-on-Tangible-Equity : 119.93% (As of Dec. 2023)


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What is Dunelm 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. Dunelm Group's annualized net income for the quarter that ended in Dec. 2023 was £181 Mil. Dunelm Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £151 Mil. Therefore, Dunelm Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 119.93%.

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

LSE:DNLM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 47.64   Med: 77.13   Max: 118.27
Current: 90.47

During the past 13 years, Dunelm Group's highest Return-on-Tangible-Equity was 118.27%. The lowest was 47.64%. And the median was 77.13%.

LSE:DNLM's Return-on-Tangible-Equity is ranked better than
91.99% of 1049 companies
in the Retail - Cyclical industry
Industry Median: 7.55 vs LSE:DNLM: 90.47

Dunelm Group Return-on-Tangible-Equity Historical Data

The historical data trend for Dunelm 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.

Dunelm Group Return-on-Tangible-Equity Chart

Dunelm Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.57 56.73 61.81 78.75 101.06

Dunelm Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 96.70 62.30 102.76 72.31 119.93

Competitive Comparison of Dunelm Group's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Dunelm 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.


Dunelm Group's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dunelm Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Dunelm Group Return-on-Tangible-Equity Calculation

Dunelm Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=151.9/( (168.4+132.2 )/ 2 )
=151.9/150.3
=101.06 %

Dunelm Group'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=181.4/( (132.2+170.3)/ 2 )
=181.4/151.25
=119.93 %

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


Dunelm Group  (LSE:DNLM) 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.


Dunelm Group Return-on-Tangible-Equity Related Terms

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


Dunelm Group (LSE:DNLM) Business Description

Traded in Other Exchanges
Address
Watermead Business Park, Dunelm Store Support Centre, Syston, Leicestershire, GBR, LE7 1AD
Dunelm Group PLC is a UK home-furnishing retailer. The company operates superstores, high street stores, and multichannel retail formats, such as online and telephone ordering. The diverse product offering ranges from textiles, such as bedding, curtains, cushions, quilts, and pillows, to kitchenware and dining. The products have exclusive designs and are sold under premium brands such as Dorma. Dunelm offers customers high-quality products in a broad price spectrum, supported by customer service and support.

Dunelm Group (LSE:DNLM) Headlines

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