GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Syngenta AG (NYSE:SYT) » Definitions » Return-on-Tangible-Equity

Syngenta AG (Syngenta AG) Return-on-Tangible-Equity : 844.44% (As of Dec. 2018)


View and export this data going back to 1993. Start your Free Trial

What is Syngenta AG 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. Syngenta AG's annualized net income for the quarter that ended in Dec. 2018 was $418 Mil. Syngenta AG's average shareholder tangible equity for the quarter that ended in Dec. 2018 was $50 Mil. Therefore, Syngenta AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was 844.44%.

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

SYT's Return-on-Tangible-Equity is not ranked *
in the Agriculture industry.
Industry Median: 7.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Syngenta AG Return-on-Tangible-Equity Historical Data

The historical data trend for Syngenta AG'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.

Syngenta AG Return-on-Tangible-Equity Chart

Syngenta AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.41 24.20 22.55 -1.94 58.01

Syngenta AG Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 4.57 33.92 -37.80 95.51 844.44

Competitive Comparison of Syngenta AG's Return-on-Tangible-Equity

For the Agricultural Inputs subindustry, Syngenta AG'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.


Syngenta AG's Return-on-Tangible-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Syngenta AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Syngenta AG Return-on-Tangible-Equity Calculation

Syngenta AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=1438/( (5003+-45 )/ 2 )
=1438/2479
=58.01 %

Syngenta AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=418/( (144+-45)/ 2 )
=418/49.5
=844.44 %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Syngenta AG  (NYSE:SYT) 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.


Syngenta AG Return-on-Tangible-Equity Related Terms

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


Syngenta AG (Syngenta AG) Business Description

Traded in Other Exchanges
N/A
Address
Schwarzwaldalle 215, Basel, CHE, 4058
Formed in 2000 from spin-offs of Novartis' crop-protection and seeds business and AstraZeneca's agrochemical business, Syngenta is a global producer of crop chemicals and seeds. The Swiss company is a leading manufacturer of crop-protection products, making multiple herbicides, insecticides, and fungicides used on a wide variety of crops. Syngenta's seeds business trails rivals, but the company is investing heavily in research and development in an effort to close the technology gap in genetically modified seeds.