GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kuehne + Nagel International AG (OTCPK:KHNGF) » Definitions » Return-on-Tangible-Equity

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Return-on-Tangible-Equity : 103.58% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Kuehne + Nagel International 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. Kuehne + Nagel International AG's annualized net income for the quarter that ended in Mar. 2024 was $1,229 Mil. Kuehne + Nagel International AG's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $1,186 Mil. Therefore, Kuehne + Nagel International AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 103.58%.

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

KHNGF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.55   Med: 71.57   Max: 223.54
Current: 115.21

During the past 13 years, Kuehne + Nagel International AG's highest Return-on-Tangible-Equity was 223.54%. The lowest was 36.55%. And the median was 71.57%.

KHNGF's Return-on-Tangible-Equity is ranked better than
92.41% of 935 companies
in the Transportation industry
Industry Median: 9.84 vs KHNGF: 115.21

Kuehne + Nagel International AG Return-on-Tangible-Equity Historical Data

The historical data trend for Kuehne + Nagel International 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.

Kuehne + Nagel International AG Return-on-Tangible-Equity Chart

Kuehne + Nagel International AG 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 86.96 79.81 218.47 217.11 108.71

Kuehne + Nagel International AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 96.85 134.16 191.25 111.93 103.58

Competitive Comparison of Kuehne + Nagel International AG's Return-on-Tangible-Equity

For the Integrated Freight & Logistics subindustry, Kuehne + Nagel International 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.


Kuehne + Nagel International AG's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kuehne + Nagel International AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kuehne + Nagel International AG's Return-on-Tangible-Equity falls into.



Kuehne + Nagel International AG Return-on-Tangible-Equity Calculation

Kuehne + Nagel International 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 )
=1654.718/( (1890.296+1154.024 )/ 2 )
=1654.718/1522.16
=108.71 %

Kuehne + Nagel International AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1228.9/( (1154.024+1218.772)/ 2 )
=1228.9/1186.398
=103.58 %

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


Kuehne + Nagel International AG  (OTCPK:KHNGF) 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.


Kuehne + Nagel International AG Return-on-Tangible-Equity Related Terms

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


Kuehne + Nagel International AG (Kuehne + Nagel International AG) Business Description

Address
Kuehne + Nagel house, P.O. Box 67, Schindellegi, CHE, CH-8834
Kuehne + Nagel is a global transportation and logistics company based in Switzerland and founded in 1890. KN is the largest sea freight forwarder globally, and holds the number-two spot in air freight. Sea freight has traditionally constituted the largest part of the business, contributing almost half of group revenue in 2022. The company's goal is to become a more balanced, fully integrated freight forwarder while continually improving its end-to-end offering to its clients.

Kuehne + Nagel International AG (Kuehne + Nagel International AG) Headlines