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. Valmont Industries's annualized net income for the quarter that ended in Dec. 2023 was $114 Mil. Valmont Industries's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $649 Mil. Therefore, Valmont Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 17.63%.
The historical rank and industry rank for Valmont Industries's Return-on-Tangible-Equity or its related term are showing as below:
VMI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.82 Med: 24.13 Max: 42.98
Current: 21.81
During the past 13 years, Valmont Industries's highest Return-on-Tangible-Equity was 42.98%. The lowest was 7.82%. And the median was 24.13%.
VMI's Return-on-Tangible-Equity is ranked better than 80.72% of 503
companies
in the Conglomerates industry
Industry Median: 7.44
vs VMI: 21.81
Valmont Industries Return-on-Tangible-Equity Historical Data
The historical data trend for Valmont Industries'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.
For the Conglomerates subindustry, Valmont Industries'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.
Valmont Industries Return-on-Tangible-Equity Distribution
For the Conglomerates industry and Industrials sector, Valmont Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Valmont Industries's Return-on-Tangible-Equity falls into.
* 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.
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.
Valmont Industries Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Valmont Industries's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Valmont Industries (Valmont Industries) Business Description
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.
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