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Fiducian Group (ASX:FID) Return-on-Tangible-Equity : 56.47% (As of Dec. 2024)


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What is Fiducian Group 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. Fiducian Group's annualized net income for the quarter that ended in Dec. 2024 was A$17.26 Mil. Fiducian Group's average shareholder tangible equity for the quarter that ended in Dec. 2024 was A$30.56 Mil. Therefore, Fiducian Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 56.47%.

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

ASX:FID' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 41.69   Med: 65.89   Max: 76.41
Current: 58.64

During the past 13 years, Fiducian Group's highest Return-on-Tangible-Equity was 76.41%. The lowest was 41.69%. And the median was 65.89%.

ASX:FID's Return-on-Tangible-Equity is ranked better than
95.53% of 1632 companies
in the Asset Management industry
Industry Median: 7.415 vs ASX:FID: 58.64

Fiducian Group Return-on-Tangible-Equity Historical Data

The historical data trend for Fiducian Group'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.

Fiducian Group Return-on-Tangible-Equity Chart

Fiducian Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.64 59.95 69.43 66.13 58.64

Fiducian Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 67.46 67.07 57.75 60.89 56.47

Competitive Comparison of Fiducian Group's Return-on-Tangible-Equity

For the Asset Management subindustry, Fiducian Group'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.


Fiducian Group's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiducian Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fiducian Group's Return-on-Tangible-Equity falls into.


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Fiducian Group Return-on-Tangible-Equity Calculation

Fiducian Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=15.04/( (22.395+28.901 )/ 2 )
=15.04/25.648
=58.64 %

Fiducian Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=17.258/( (28.901+32.226)/ 2 )
=17.258/30.5635
=56.47 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fiducian Group  (ASX:FID) 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.


Fiducian Group Return-on-Tangible-Equity Related Terms

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Fiducian Group Business Description

Traded in Other Exchanges
N/A
Address
1 York Street, Level 4, Sydney, NSW, AUS, 2000
Fiducian Group Ltd operates as a financial services company. It is a provider of specialist financial services to both financial advisers and retail and wholesale clients throughout Australia. The company has the following segments; Funds Management, Financial Planning, Platform Administration, and Corporate Services. It generates maximum revenue from the Financial Planning Segment through which it provides specialist financial planning services to its customers.

Fiducian Group Headlines