GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » LOUISA Professional Coffee Ltd (ROCO:2758) » Definitions » Return-on-Tangible-Equity

LOUISA Professional Coffee (ROCO:2758) Return-on-Tangible-Equity : 20.56% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is LOUISA Professional Coffee 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. LOUISA Professional Coffee's annualized net income for the quarter that ended in Mar. 2024 was NT$123 Mil. LOUISA Professional Coffee's average shareholder tangible equity for the quarter that ended in Mar. 2024 was NT$597 Mil. Therefore, LOUISA Professional Coffee's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 20.56%.

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

ROCO:2758' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.71   Med: 36.18   Max: 80.6
Current: 22.12

During the past 6 years, LOUISA Professional Coffee's highest Return-on-Tangible-Equity was 80.60%. The lowest was 17.71%. And the median was 36.18%.

ROCO:2758's Return-on-Tangible-Equity is ranked better than
68.99% of 316 companies
in the Restaurants industry
Industry Median: 11.57 vs ROCO:2758: 22.12

LOUISA Professional Coffee Return-on-Tangible-Equity Historical Data

The historical data trend for LOUISA Professional Coffee'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.

LOUISA Professional Coffee Return-on-Tangible-Equity Chart

LOUISA Professional Coffee Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 80.60 50.09 18.42 17.71 22.26

LOUISA Professional Coffee Quarterly Data
Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 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 19.36 24.00 21.39 23.24 20.56

Competitive Comparison of LOUISA Professional Coffee's Return-on-Tangible-Equity

For the Restaurants subindustry, LOUISA Professional Coffee'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.


LOUISA Professional Coffee's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, LOUISA Professional Coffee's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where LOUISA Professional Coffee's Return-on-Tangible-Equity falls into.



LOUISA Professional Coffee Return-on-Tangible-Equity Calculation

LOUISA Professional Coffee'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 )
=128.67/( (574.48+581.385 )/ 2 )
=128.67/577.9325
=22.26 %

LOUISA Professional Coffee'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 )
=122.724/( (581.385+612.417)/ 2 )
=122.724/596.901
=20.56 %

* 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.


LOUISA Professional Coffee  (ROCO:2758) 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.


LOUISA Professional Coffee Return-on-Tangible-Equity Related Terms

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


LOUISA Professional Coffee (ROCO:2758) Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Jianguo 1st Road, Xinzhuang District, NewTaipei, TWN, 242
LOUISA Professional Coffee Ltd manufactures and distributes coffee products.

LOUISA Professional Coffee (ROCO:2758) Headlines

No Headlines