Exelis (FRA:6EX) Tangible Book per Share : €-3.97 (As of Mar. 2015)

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

What is Exelis Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Exelis's tangible book value per share for the quarter that ended in Mar. 2015 was €-3.97.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

Exelis Tangible Book per Share Historical Data

The historical data trend for Exelis's Tangible Book per Share 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.

Exelis Tangible Book per Share Chart

Exelis Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Tangible Book per Share

Get a 7-Day Free Trial

0.79

-5.99

-5.46

-1.86

-3.84

Exelis Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Tangible Book per Share	Get a 7-Day Free Trial															-2.50	-2.40	-2.32	-3.84	-3.97

Competitive Comparison of Exelis's Tangible Book per Share

For the Aerospace & Defense subindustry, Exelis's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Exelis's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Exelis's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Exelis's Price-to-Tangible-Book falls into.

Exelis Tangible Book per Share Calculation

Exelis's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2014 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(1011.317	-	0	-	1724.186)	/	185.7
	=	-3.84

Exelis's Tangible Book Value Per Share for the quarter that ended in Mar. 2015 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(1210.44	-	0	-	1955.184)	/	187.7
	=	-3.97

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

Exelis (FRA:6EX) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Exelis Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Exelis's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Exelis (FRA:6EX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Exelis Inc (FRA:6EX) » Definitions » Tangible Book per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.exelisinc.com

Exelis Inc was incorporated in the state of Indiana on May 4, 2011. The Company is a diversified aerospace, defense, information and services Company. The Company operates in two segments: Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) Electronics and Systems and Information and Technical Services to military, government and commercial customers in the United States and internationally. The C4ISR Electronics and Systems segment provides engineered systems and solutions, including: ISR systems; integrated electronic warfare systems; radar and sonar systems; electronic attack and release systems; communications solutions; space systems; and composite aerostructures, for government and commercial customers. The Information and Technical Services segment provides a broad range of service solutions, including: systems integration; network design and development; air traffic management; cyber; intelligence; operations; sustainment; advanced engineering; logistics; and space launch and range-support, for U.S. military and U.S. Government customers. The C4ISR Electronics and Systems' products are classified into Intelligence, Surveillance and Reconnaissance Systems, Integrated Electronic Warfare Systems, Electronic Attack and Release Systems, Radar, Reconnaissance and Undersea Systems, Communications Solutions, Night Vision, Positioning, Navigation and Timing, Aerostructures, and Specialty Applications. Information and Technical Services product lines are classified into Advanced Information Solutions, Civil and Aerospace Systems, Command, Control and Communications Systems, Infrastructure Asset Management, Logistics and Supply Chain Management, and Information Technology and Network Communication Services. The Company's customers include the United States Department of Defense, including U.S. Army, Navy, Marines and Air Force, U.S. Government intelligence agencies, National Aeronautics and Space Administration, Federal Aviation Administration. The Company competes against companies such as Lockheed Martin Corporation, The Boeing Company, Raytheon Company, General Dynamics Corporation, L-3 Communications Corporation, SAIC Inc., Northrop Grumman Corporation, Harris Corporation and BAE Systems, Inc. Internationally, it also competes against these same companies as well as Thales Group, EADS N.V., Finmeccanica S.p.A., among others The Company is subject to federal, state and local environmental laws and regulations.

Exelis (FRA:6EX) Headlines

No Headlines