GURUFOCUS.COM » STOCK LIST » Technology » Software » Computacenter PLC (CHIX:CCCl) » Definitions » Return-on-Tangible-Equity
中文

Computacenter (CHIX:CCCL) Return-on-Tangible-Equity : 36.56% (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Computacenter 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. Computacenter's annualized net income for the quarter that ended in Dec. 2023 was £220 Mil. Computacenter's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £601 Mil. Therefore, Computacenter's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 36.56%.

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

CHIX:CCCl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.66   Med: 34.82   Max: 45.91
Current: 34.35

During the past 13 years, Computacenter's highest Return-on-Tangible-Equity was 45.91%. The lowest was 19.66%. And the median was 34.82%.

CHIX:CCCl's Return-on-Tangible-Equity is ranked better than
79.25% of 2381 companies
in the Software industry
Industry Median: 7.53 vs CHIX:CCCl: 34.35

Computacenter Return-on-Tangible-Equity Historical Data

The historical data trend for Computacenter'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.

Computacenter Return-on-Tangible-Equity Chart

Computacenter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.05 45.91 45.20 36.91 34.58

Computacenter Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.92 30.72 39.77 31.70 36.56

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

For the Information Technology Services subindustry, Computacenter'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.


Computacenter's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Computacenter Return-on-Tangible-Equity Calculation

Computacenter'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 )
=197.6/( (523.6+619.3 )/ 2 )
=197.6/571.45
=34.58 %

Computacenter'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 )
=219.8/( (583+619.3)/ 2 )
=219.8/601.15
=36.56 %

* 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.


Computacenter  (CHIX:CCCl) 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.


Computacenter Return-on-Tangible-Equity Related Terms

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


Computacenter (CHIX:CCCL) Business Description

Traded in Other Exchanges
Address
Hatfield Avenue, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9TW
Computacenter PLC is an IT infrastructure services provider that advises organizations on IT strategy and manages customer infrastructure. The company offers user support, devices, applications, and data to support the customers through consulting, as well as the implementation and operation of networks and data center infrastructures on or off customers' premises. Computacenter operates infrastructure operation centers and group service desks across Europe, South Africa, and Asia, providing user support in multiple languages. The company's segments include the U.K., Germany, France, USA, and international, with the U.K. and Germany accounting for the majority of revenue.

Computacenter (CHIX:CCCL) Headlines

No Headlines