GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A. P. Moller Maersk A/S (OTCPK:AMKAF) » Definitions » Return-on-Tangible-Equity

A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Return-on-Tangible-Equity : -4.04% (As of Dec. 2023)


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What is A. P. Moller Maersk A/S 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. A. P. Moller Maersk A/S's annualized net income for the quarter that ended in Dec. 2023 was $-1,744 Mil. A. P. Moller Maersk A/S's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $43,140 Mil. Therefore, A. P. Moller Maersk A/S's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -4.04%.

The historical rank and industry rank for A. P. Moller Maersk A/S's Return-on-Tangible-Equity or its related term are showing as below:

AMKAF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.48   Med: 9.98   Max: 68.94
Current: 8.44

During the past 13 years, A. P. Moller Maersk A/S's highest Return-on-Tangible-Equity was 68.94%. The lowest was -6.48%. And the median was 9.98%.

AMKAF's Return-on-Tangible-Equity is ranked worse than
56.04% of 935 companies
in the Transportation industry
Industry Median: 9.84 vs AMKAF: 8.44

A. P. Moller Maersk A/S Return-on-Tangible-Equity Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S Return-on-Tangible-Equity Chart

A. P. Moller Maersk A/S 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 -0.34 13.37 62.05 67.13 8.27

A. P. Moller Maersk A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only 39.89 19.19 12.99 4.64 -4.04

Competitive Comparison of A. P. Moller Maersk A/S's Return-on-Tangible-Equity

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Return-on-Tangible-Equity falls into.



A. P. Moller Maersk A/S Return-on-Tangible-Equity Calculation

A. P. Moller Maersk A/S'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 )
=3822/( (50795+41589 )/ 2 )
=3822/46192
=8.27 %

A. P. Moller Maersk A/S'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 )
=-1744/( (44691+41589)/ 2 )
=-1744/43140
=-4.04 %

* 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.


A. P. Moller Maersk A/S  (OTCPK:AMKAF) 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.


A. P. Moller Maersk A/S Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Headlines

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