GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proton Motor Power Systems PLC (LSE:PPS) » Definitions » Return-on-Tangible-Equity

Proton Motor Power Systems (LSE:PPS) Return-on-Tangible-Equity : 0.00% (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Proton Motor Power Systems 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. Proton Motor Power Systems's annualized net income for the quarter that ended in Jun. 2023 was £-11.09 Mil. Proton Motor Power Systems's average shareholder tangible equity for the quarter that ended in Jun. 2023 was £-102.75 Mil. Therefore, Proton Motor Power Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.

The historical rank and industry rank for Proton Motor Power Systems's Return-on-Tangible-Equity or its related term are showing as below:

LSE:PPS's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.56
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Proton Motor Power Systems Return-on-Tangible-Equity Historical Data

The historical data trend for Proton Motor Power Systems'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.

Proton Motor Power Systems Return-on-Tangible-Equity Chart

Proton Motor Power Systems Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - Negative Tangible Equity -

Proton Motor Power Systems Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Negative Tangible Equity Negative Tangible Equity - - -

Competitive Comparison of Proton Motor Power Systems's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, Proton Motor Power Systems'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.


Proton Motor Power Systems's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proton Motor Power Systems's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Proton Motor Power Systems's Return-on-Tangible-Equity falls into.



Proton Motor Power Systems Return-on-Tangible-Equity Calculation

Proton Motor Power Systems's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-18.904/( (-81.738+-100.14 )/ 2 )
=-18.904/-90.939
=N/A %

Proton Motor Power Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-11.088/( (-100.14+-105.362)/ 2 )
=-11.088/-102.751
=N/A %

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


Proton Motor Power Systems  (LSE:PPS) 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.


Proton Motor Power Systems Return-on-Tangible-Equity Related Terms

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


Proton Motor Power Systems (LSE:PPS) Business Description

Traded in Other Exchanges
Address
C/o Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, GBR, SE1 2AU
Proton Motor Power Systems PLC and its subsidiaries are manufacturers of hydrogen fuel cells and fuel cell systems for mobile, maritime and stationary applications. It offers OEM fuel cell systems products, power supplies, and solar battery storage products. The company is organized into only the principal operating division, Green Energy. Its primary geographic markets are Germany, Europe, and the rest of the world of which Europe generates the majority of its revenue.

Proton Motor Power Systems (LSE:PPS) Headlines

From GuruFocus

Post Properties Inc. (PPS) President and CEO David P Stockert sells 175,000 Shares

By GuruFocus Research GuruFocus Editor 02-15-2011

Notable Dividend News: PPS, HOMB, XRTX, OHI

By Dynamic Dividend Dynamic Dividend 08-02-2011

Post Properties Inc. (PPS) EVP & CFO Christopher J Papa sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 05-07-2010

Third Avenue Management's High-Return Four

By Sally Jones Sally Jones 10-13-2013

Third Avenue Comments on Post Properties

By Holly LaFon Holly LaFon 09-18-2013