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Asian Terminals (PHS:ATI) Return-on-Tangible-Equity : 92.07% (As of Mar. 2024)


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What is Asian Terminals 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. Asian Terminals's annualized net income for the quarter that ended in Mar. 2024 was ₱3,009 Mil. Asian Terminals's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₱3,268 Mil. Therefore, Asian Terminals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 92.07%.

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

PHS:ATI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 176.94   Med: 354.7   Max: 487.88
Current: 176.94

During the past 13 years, Asian Terminals's highest Return-on-Tangible-Equity was 487.88%. The lowest was 176.94%. And the median was 354.70%.

PHS:ATI's Return-on-Tangible-Equity is ranked better than
93.21% of 928 companies
in the Transportation industry
Industry Median: 9.67 vs PHS:ATI: 176.94

Asian Terminals Return-on-Tangible-Equity Historical Data

The historical data trend for Asian Terminals'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.

Asian Terminals Return-on-Tangible-Equity Chart

Asian Terminals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 487.88 221.52

Asian Terminals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 299.82 266.53 309.69 203.86 92.07

Competitive Comparison of Asian Terminals's Return-on-Tangible-Equity

For the Marine Shipping subindustry, Asian Terminals'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.


Asian Terminals's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asian Terminals's Return-on-Tangible-Equity distribution charts can be found below:

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



Asian Terminals Return-on-Tangible-Equity Calculation

Asian Terminals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=4435.986/( (1065.175+2939.957 )/ 2 )
=4435.986/2002.566
=221.52 %

Asian Terminals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=3008.776/( (2939.957+3595.737)/ 2 )
=3008.776/3267.847
=92.07 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Asian Terminals  (PHS:ATI) 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.


Asian Terminals Return-on-Tangible-Equity Related Terms

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


Asian Terminals (PHS:ATI) Business Description

Traded in Other Exchanges
N/A
Address
A. Bonifacio Drive, Port Area, Manila, PHL, 1018
Asian Terminals Inc is in the operation and management of port terminals in the Philippines. It operates the manila south harbor, port of Batangas, port of General Santos, and off-dock container guards in sta mesa, manila, and Calamba City, laguna. The terminals handle containerized and non-containerized cargoes, bulk, and break-bulk cargoes, roll-on/roll-off shipment, and passenger services. The company derives the majority of its revenues from South Harbor international non-containerized cargo, the Batangas container terminal, and the port of Batangas.