GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequentis AG (XTER:FQT) » Definitions » Return-on-Tangible-Equity

Frequentis AG (XTER:FQT) Return-on-Tangible-Equity : 32.26% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Frequentis 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. Frequentis AG's annualized net income for the quarter that ended in Dec. 2023 was €38.8 Mil. Frequentis AG's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €120.3 Mil. Therefore, Frequentis AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 32.26%.

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

XTER:FQT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.02   Med: 13.35   Max: 19.83
Current: 15.12

During the past 8 years, Frequentis AG's highest Return-on-Tangible-Equity was 19.83%. The lowest was -4.02%. And the median was 13.35%.

XTER:FQT's Return-on-Tangible-Equity is ranked better than
79.91% of 2359 companies
in the Hardware industry
Industry Median: 5.38 vs XTER:FQT: 15.12

Frequentis AG Return-on-Tangible-Equity Historical Data

The historical data trend for Frequentis 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.

Frequentis AG Return-on-Tangible-Equity Chart

Frequentis AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 13.10 -4.02 19.83 16.28 14.77

Frequentis AG Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 32.77 -0.73 33.77 -1.66 32.26

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

For the Communication Equipment subindustry, Frequentis 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.


Frequentis AG's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Frequentis AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Frequentis AG Return-on-Tangible-Equity Calculation

Frequentis AG'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 )
=18.416/( (124.72+124.602 )/ 2 )
=18.416/124.661
=14.77 %

Frequentis AG'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=38.826/( (116.082+124.602)/ 2 )
=38.826/120.342
=32.26 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Frequentis AG  (XTER:FQT) 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.


Frequentis AG Return-on-Tangible-Equity Related Terms

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


Frequentis AG (XTER:FQT) Business Description

Industry
Traded in Other Exchanges
Address
Innovationstrasse 1, Vienna, AUT, 1100
Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

Frequentis AG (XTER:FQT) Headlines

No Headlines