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The Bee Equity Partners (XMAU:FIDE.I0000) Return-on-Tangible-Equity : -5.30% (As of Dec. 2023)


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What is The Bee Equity Partners 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. The Bee Equity Partners's annualized net income for the quarter that ended in Dec. 2023 was MUR-7.56 Mil. The Bee Equity Partners's average shareholder tangible equity for the quarter that ended in Dec. 2023 was MUR142.68 Mil. Therefore, The Bee Equity Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -5.30%.

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

XMAU:FIDE.I0000' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.95   Med: 7.49   Max: 14.09
Current: 11.24

During the past 7 years, The Bee Equity Partners's highest Return-on-Tangible-Equity was 14.09%. The lowest was -11.95%. And the median was 7.49%.

XMAU:FIDE.I0000's Return-on-Tangible-Equity is ranked better than
70.63% of 1672 companies
in the Asset Management industry
Industry Median: 5.025 vs XMAU:FIDE.I0000: 11.24

The Bee Equity Partners Return-on-Tangible-Equity Historical Data

The historical data trend for The Bee Equity Partners'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.

The Bee Equity Partners Return-on-Tangible-Equity Chart

The Bee Equity Partners Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 2.42 -11.95 7.49 11.13 14.09

The Bee Equity Partners 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 10.33 0.86 40.61 -1.44 -5.30

Competitive Comparison of The Bee Equity Partners's Return-on-Tangible-Equity

For the Asset Management subindustry, The Bee Equity Partners'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.


The Bee Equity Partners's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Bee Equity Partners's Return-on-Tangible-Equity distribution charts can be found below:

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



The Bee Equity Partners Return-on-Tangible-Equity Calculation

The Bee Equity Partners's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=53.811/( (619.491+144.111 )/ 2 )
=53.811/381.801
=14.09 %

The Bee Equity Partners'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 )
=-7.56/( (143.62+141.73)/ 2 )
=-7.56/142.675
=-5.30 %

* 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.


The Bee Equity Partners  (XMAU:FIDE.I0000) 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.


The Bee Equity Partners Return-on-Tangible-Equity Related Terms

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


The Bee Equity Partners (XMAU:FIDE.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Caudan Waterfront, 1st Floor, IBL House, Port Louis, MUS, 11307
The Bee Equity Partners Ltd is a Mauritius based investment company. It specializes in providing alternative forms of financing to Mauritian entrepreneurs. The investment objective of the company is to achieve risk-adjusted returns through income generation and capital appreciation, by managing a portfolio of investments spanning multiple industries and asset classes.

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