GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Budweiser Brewing Co APAC Ltd (OTCPK:BDWBF) » Definitions » Return-on-Tangible-Equity

Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Return-on-Tangible-Equity : -3.58% (As of Dec. 2023)


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

What is Budweiser Brewing Co APAC 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. Budweiser Brewing Co APAC's annualized net income for the quarter that ended in Dec. 2023 was $-92 Mil. Budweiser Brewing Co APAC's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,568 Mil. Therefore, Budweiser Brewing Co APAC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -3.58%.

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

BDWBF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.57   Med: 51.85   Max: 436.6
Current: 11.57

During the past 7 years, Budweiser Brewing Co APAC's highest Return-on-Tangible-Equity was 436.60%. The lowest was 11.57%. And the median was 51.85%.

BDWBF's Return-on-Tangible-Equity is ranked better than
53.43% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 9.805 vs BDWBF: 11.57

Budweiser Brewing Co APAC Return-on-Tangible-Equity Historical Data

The historical data trend for Budweiser Brewing Co APAC'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.

Budweiser Brewing Co APAC Return-on-Tangible-Equity Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 74.80 45.41 58.28 42.82 34.95

Budweiser Brewing Co APAC Quarterly Data
Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 58.17 -2.08 - 51.55 -3.58

Competitive Comparison of Budweiser Brewing Co APAC's Return-on-Tangible-Equity

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC'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.


Budweiser Brewing Co APAC's Return-on-Tangible-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Budweiser Brewing Co APAC's Return-on-Tangible-Equity falls into.



Budweiser Brewing Co APAC Return-on-Tangible-Equity Calculation

Budweiser Brewing Co APAC'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 )
=852/( (2308+2568 )/ 2 )
=852/2438
=34.95 %

Budweiser Brewing Co APAC'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-92/( (0+2568)/ 1 )
=-92/2568
=-3.58 %

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


Budweiser Brewing Co APAC  (OTCPK:BDWBF) 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.


Budweiser Brewing Co APAC Return-on-Tangible-Equity Related Terms

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


Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.

Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Headlines