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Roxas Holdings (PHS:ROX) Return-on-Tangible-Equity : -48.45% (As of Dec. 2023)


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What is Roxas 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. Roxas Holdings's annualized net income for the quarter that ended in Dec. 2023 was ₱-1,437.49 Mil. Roxas Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₱2,967.13 Mil. Therefore, Roxas Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -48.45%.

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

PHS:ROX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -60.87   Med: -7.56   Max: 9.86
Current: -60.87

During the past 13 years, Roxas Holdings's highest Return-on-Tangible-Equity was 9.86%. The lowest was -60.87%. And the median was -7.56%.

PHS:ROX's Return-on-Tangible-Equity is ranked worse than
94.98% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 7.75 vs PHS:ROX: -60.87

Roxas Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Roxas 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.

Roxas Holdings Return-on-Tangible-Equity Chart

Roxas Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.35 -56.02 -17.10 -15.27 -53.82

Roxas Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -15.28 -32.29 -34.60 -138.65 -48.45

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

For the Confectioners subindustry, Roxas 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.


Roxas Holdings's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Roxas Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Roxas Holdings Return-on-Tangible-Equity Calculation

Roxas Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-2254.583/( (5226.747+3150.811 )/ 2 )
=-2254.583/4188.779
=-53.82 %

Roxas 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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1437.492/( (3150.811+2783.44)/ 2 )
=-1437.492/2967.1255
=-48.45 %

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


Roxas Holdings  (PHS:ROX) 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.


Roxas Holdings Return-on-Tangible-Equity Related Terms

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


Roxas Holdings (PHS:ROX) Business Description

Traded in Other Exchanges
N/A
Address
26th Corner 3rd Avenue, 14th Floor, Net one Center, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Roxas Holdings Inc produces, markets, and sells raw and refined sugar, molasses, and related products to food and beverage, and pharmaceutical companies in the Philippines. It operates in two segments namely Sugar and Alcohol. The company generates maximum revenue from the Sugar segment. The alcohol segment is engaged in the manufacture and sale of bio-ethanol fuel. Geographically, it operates only in the Philippines.

Roxas Holdings (PHS:ROX) Headlines

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