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FPT Telecom JSC (HSTC:FOX) Return-on-Tangible-Equity : 31.14% (As of Sep. 2024)


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What is FPT Telecom JSC 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. FPT Telecom JSC's annualized net income for the quarter that ended in Sep. 2024 was ₫2,789,204 Mil. FPT Telecom JSC's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₫8,956,817 Mil. Therefore, FPT Telecom JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 31.14%.

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

HSTC:FOX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.39   Med: 34.74   Max: 38.35
Current: 31.73

During the past 5 years, FPT Telecom JSC's highest Return-on-Tangible-Equity was 38.35%. The lowest was 31.39%. And the median was 34.74%.

HSTC:FOX's Return-on-Tangible-Equity is ranked better than
66.05% of 324 companies
in the Telecommunication Services industry
Industry Median: 15.39 vs HSTC:FOX: 31.73

FPT Telecom JSC Return-on-Tangible-Equity Historical Data

The historical data trend for FPT Telecom JSC'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.

FPT Telecom JSC Return-on-Tangible-Equity Chart

FPT Telecom JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
33.09 38.35 38.23 34.74 31.39

FPT Telecom JSC Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 32.52 28.54 32.50 35.45 31.14

Competitive Comparison of FPT Telecom JSC's Return-on-Tangible-Equity

For the Telecom Services subindustry, FPT Telecom JSC'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.


FPT Telecom JSC's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FPT Telecom JSC's Return-on-Tangible-Equity distribution charts can be found below:

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


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FPT Telecom JSC Return-on-Tangible-Equity Calculation

FPT Telecom JSC'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 )
=2383057.83/( (6987891.34+8196498.43 )/ 2 )
=2383057.83/7592194.885
=31.39 %

FPT Telecom JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=2789204.412/( (8635840.387+9277792.668)/ 2 )
=2789204.412/8956816.5275
=31.14 %

* 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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


FPT Telecom JSC  (HSTC:FOX) 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.


FPT Telecom JSC Return-on-Tangible-Equity Related Terms

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


FPT Telecom JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Duy Tan Street, 2nd Floor - FPT Cau Giay Building, Vong Hau Ward, Cau Giay District, Hanoi, VNM
FPT Telecom JSC is a telecommunication and internet service provider.