GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aeroports de Paris SA (OTCPK:ARRPY) » Definitions » Return-on-Tangible-Equity

ARRPY (Aeroports de Paris) Return-on-Tangible-Equity : 47.52% (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Aeroports de Paris 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. Aeroports de Paris's annualized net income for the quarter that ended in Jun. 2024 was $747 Mil. Aeroports de Paris's average shareholder tangible equity for the quarter that ended in Jun. 2024 was $1,572 Mil. Therefore, Aeroports de Paris's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 47.52%.

The historical rank and industry rank for Aeroports de Paris's Return-on-Tangible-Equity or its related term are showing as below:

ARRPY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -90.44   Med: 15.04   Max: 67.45
Current: 57.99

During the past 13 years, Aeroports de Paris's highest Return-on-Tangible-Equity was 67.45%. The lowest was -90.44%. And the median was 15.04%.

ARRPY's Return-on-Tangible-Equity is ranked better than
90.58% of 934 companies
in the Transportation industry
Industry Median: 10.32 vs ARRPY: 57.99

Aeroports de Paris Return-on-Tangible-Equity Historical Data

The historical data trend for Aeroports de Paris'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.

Aeroports de Paris Return-on-Tangible-Equity Chart

Aeroports de Paris 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 38.57 -96.01 -34.64 65.99 50.63

Aeroports de Paris Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 50.63 81.86 40.87 65.60 47.52

Competitive Comparison of Aeroports de Paris's Return-on-Tangible-Equity

For the Airports & Air Services subindustry, Aeroports de Paris'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.


Aeroports de Paris's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroports de Paris's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aeroports de Paris's Return-on-Tangible-Equity falls into.



Aeroports de Paris Return-on-Tangible-Equity Calculation

Aeroports de Paris'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 )
=688.113/( (1081.568+1636.859 )/ 2 )
=688.113/1359.2135
=50.63 %

Aeroports de Paris's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=747.04/( (1636.859+1506.997)/ 2 )
=747.04/1571.928
=47.52 %

* 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 two times the semi-annual (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aeroports de Paris  (OTCPK:ARRPY) 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.


Aeroports de Paris Return-on-Tangible-Equity Related Terms

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


Aeroports de Paris Business Description

Address
1 rue de France, Tremblay- en- France, Paris, FRA, 93 290
Aeroports de Paris SA is a French airport operator. The group owns the three commercial airports in Paris (Charles de Gaulle, Orly and Paris-Le Bourget) and has stakes in several international airports, including a portfolio of Turkish Airports, through its holding of TAV Airports, and a 31% indirect stake in Indian airports New Delhi and Hyderabad through its recent acquisition of GMR Airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, the group catered to 108 million passengers through its Parisian airport network.