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. Screen Holdings Co's annualized net income for the quarter that ended in Dec. 2022 was 円48,600 Mil. Screen Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2022 was 円274,564 Mil. Therefore, Screen Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was 17.70%.
The historical rank and industry rank for Screen Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7735'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.03 Med: 11.64 Max: 20.4
Current: 22.53
During the past 13 years, Screen Holdings Co's highest Return-on-Tangible-Equity was 20.40%. The lowest was -14.03%. And the median was 11.64%.
TSE:7735's Return-on-Tangible-Equity is ranked better than 82.4% of 926
companies
in the Semiconductors industry
Industry Median: 8.71
vs TSE:7735: 22.53
Screen Holdings Co Return-on-Tangible-Equity Historical Data
The historical data trend for Screen Holdings Co'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.
Screen Holdings Co Annual Data
Trend
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Return-on-Tangible-Equity
18.65
10.68
2.95
8.18
20.40
Screen Holdings Co Quarterly Data
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Return-on-Tangible-Equity
21.36
26.70
25.79
20.67
17.70
Competitive Comparison
For the Semiconductor Equipment & Materials subindustry, Screen Holdings Co'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.
Screen Holdings Co Return-on-Tangible-Equity Distribution
For the Semiconductors industry and Technology sector, Screen Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Screen Holdings Co's Return-on-Tangible-Equity falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Equity's extreme value range as defined by GuruFocus.
Screen Holdings Co Return-on-Tangible-Equity Calculation
Screen Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2022 is calculated as
* 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. 2022) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Screen Holdings Co (TSE:7735) 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.
Screen Holdings Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Screen Holdings Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Screen Holdings Co (TSE:7735) Business Description
Screen Holdings Co Ltd operates in the Japanese semiconductor industry. The majority of its revenue is derived from the sale of semiconductor manufacturing equipment, which is part of its Semiconductor Equipment segment. Its other segments include Graphics and Precision Solutions, Fine Tech Solutions and Others. The Graphics segment is concerned with the sale of printing and printed circuit board related machinery. The Fine Tech Solutions (FT) segment provides flat panel display (FPD) manufacturing equipment and the Others segment is involved in the development and sale of software products. The company caters to the global market, with emphasis on the Asia and Oceania region.
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