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Fonciere Sepric (XPAR:SPRIC) Return-on-Tangible-Equity : 8.64% (As of Dec. 2014)


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What is Fonciere Sepric 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. Fonciere Sepric's annualized net income for the quarter that ended in Dec. 2014 was €8.30 Mil. Fonciere Sepric's average shareholder tangible equity for the quarter that ended in Dec. 2014 was €96.03 Mil. Therefore, Fonciere Sepric's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was 8.64%.

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

XPAR:SPRIC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.64   Med: 19.32   Max: 28.93
Current: 8.64

During the past 5 years, Fonciere Sepric's highest Return-on-Tangible-Equity was 28.93%. The lowest was 8.64%. And the median was 19.32%.

XPAR:SPRIC's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 4.675 vs XPAR:SPRIC: 8.64

Fonciere Sepric Return-on-Tangible-Equity Historical Data

The historical data trend for Fonciere Sepric'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.

Fonciere Sepric Return-on-Tangible-Equity Chart

Fonciere Sepric Annual Data
Trend Dec08 Jun10 Jun11 Jun12 Dec14
Return-on-Tangible-Equity
-11.74 28.96 26.67 11.96 8.64

Fonciere Sepric Semi-Annual Data
Dec08 Jun10 Jun11 Jun12 Dec14
Return-on-Tangible-Equity -11.74 28.96 26.67 11.96 8.64

Competitive Comparison of Fonciere Sepric's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Fonciere Sepric'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.


Fonciere Sepric's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fonciere Sepric's Return-on-Tangible-Equity distribution charts can be found below:

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



Fonciere Sepric Return-on-Tangible-Equity Calculation

Fonciere Sepric's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Jun. 2012 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Jun. 2012 )(A: Dec. 2014 )
=8.298/( (93.019+99.048 )/ 2 )
=8.298/96.0335
=8.64 %

Fonciere Sepric's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2012 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2012 )(Q: Dec. 2014 )
=8.298/( (93.019+99.048)/ 2 )
=8.298/96.0335
=8.64 %

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


Fonciere Sepric  (XPAR:SPRIC) 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.


Fonciere Sepric Return-on-Tangible-Equity Related Terms

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Fonciere Sepric (XPAR:SPRIC) Business Description

Traded in Other Exchanges
N/A
Address
Fonciere Sepric SA specializes in the promotion of commercial buildings on the outskirts of town, is the only listed property purely invested in business assets located in retail parks in commercial real estate in France and Switzerland.

Fonciere Sepric (XPAR:SPRIC) Headlines

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