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Foyer (XBRU:FOY) Return-on-Tangible-Equity : 10.25% (As of Jun. 2014)


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What is Foyer 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. Foyer's annualized net income for the quarter that ended in Jun. 2014 was €74.9 Mil. Foyer's average shareholder tangible equity for the quarter that ended in Jun. 2014 was €730.8 Mil. Therefore, Foyer's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 was 10.25%.

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

XBRU:FOY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.48   Med: 11.82   Max: 27.11
Current: 10.31

During the past 11 years, Foyer's highest Return-on-Tangible-Equity was 27.11%. The lowest was 0.48%. And the median was 11.82%.

XBRU:FOY's Return-on-Tangible-Equity is not ranked
in the Insurance industry.
Industry Median: 11.925 vs XBRU:FOY: 10.31

Foyer Return-on-Tangible-Equity Historical Data

The historical data trend for Foyer'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.

Foyer Return-on-Tangible-Equity Chart

Foyer Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.94 13.73 12.95 10.82 10.33

Foyer Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.28 9.98 10.96 10.39 10.25

Competitive Comparison of Foyer's Return-on-Tangible-Equity

For the Insurance - Diversified subindustry, Foyer'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.


Foyer's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Foyer's Return-on-Tangible-Equity distribution charts can be found below:

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



Foyer Return-on-Tangible-Equity Calculation

Foyer's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=69.572/( (643.385+703.172 )/ 2 )
=69.572/673.2785
=10.33 %

Foyer's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=74.892/( (703.172+758.468)/ 2 )
=74.892/730.82
=10.25 %

* 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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Foyer  (XBRU:FOY) 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.


Foyer Return-on-Tangible-Equity Related Terms

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Foyer (XBRU:FOY) Business Description

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Foyer

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