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Plexus Holdings (LSE:POS) Return-on-Tangible-Equity : 119.25% (As of Dec. 2023)


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What is Plexus Holdings 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. Plexus Holdings's annualized net income for the quarter that ended in Dec. 2023 was £4.44 Mil. Plexus Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £3.72 Mil. Therefore, Plexus Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 119.25%.

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

LSE:POS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -105.31   Med: -19.88   Max: 22.65
Current: 7.43

During the past 13 years, Plexus Holdings's highest Return-on-Tangible-Equity was 22.65%. The lowest was -105.31%. And the median was -19.88%.

LSE:POS's Return-on-Tangible-Equity is ranked worse than
51.15% of 999 companies
in the Oil & Gas industry
Industry Median: 8.03 vs LSE:POS: 7.43

Plexus Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Plexus Holdings'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.

Plexus Holdings Return-on-Tangible-Equity Chart

Plexus Holdings 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 -12.96 -34.00 -31.07 -82.02 -105.31

Plexus Holdings 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 -33.36 -133.92 -88.68 -134.65 119.25

Competitive Comparison of Plexus Holdings's Return-on-Tangible-Equity

For the Oil & Gas Equipment & Services subindustry, Plexus Holdings'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.


Plexus Holdings's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plexus Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Plexus Holdings Return-on-Tangible-Equity Calculation

Plexus Holdings'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 )
=-4.015/( (5.603+2.022 )/ 2 )
=-4.015/3.8125
=-105.31 %

Plexus Holdings'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 )
=4.438/( (2.022+5.421)/ 2 )
=4.438/3.7215
=119.25 %

* 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.


Plexus Holdings  (LSE:POS) 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.


Plexus Holdings Return-on-Tangible-Equity Related Terms

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


Plexus Holdings (LSE:POS) Business Description

Industry
Traded in Other Exchanges
Address
Yeoman Way, Highdown House, Worthing, West Sussex, GBR, BN99 3HH
Plexus Holdings PLC is active in the business of oil and gas engineering and service. It is engaged in marketing a patented friction-grip method of engineering for oil and gas field wellheads and connectors, named POS-GRIP. The company derives revenue from the sale of its POS-GRIP technology and associated products, the rental of wellheads utilizing the POS-GRIP technology, and service income principally derived from assisting with the commissioning and ongoing service requirements of its equipment. It operates its business across the world. The majority of the revenue of the company is generated from the United Kingdom followed by Europe and the Rest of the world.

Plexus Holdings (LSE:POS) Headlines

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