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Trafco Group BSC (BAH:TRAFCO) Return-on-Tangible-Equity : 1.38% (As of Dec. 2023)


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What is Trafco Group BSC 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. Trafco Group BSC's annualized net income for the quarter that ended in Dec. 2023 was BHD0.41 Mil. Trafco Group BSC's average shareholder tangible equity for the quarter that ended in Dec. 2023 was BHD29.53 Mil. Therefore, Trafco Group BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.38%.

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

BAH:TRAFCO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.79   Med: 6.42   Max: 7.27
Current: 6.05

During the past 13 years, Trafco Group BSC's highest Return-on-Tangible-Equity was 7.27%. The lowest was 4.79%. And the median was 6.42%.

BAH:TRAFCO's Return-on-Tangible-Equity is ranked worse than
67.11% of 298 companies
in the Retail - Defensive industry
Industry Median: 12.17 vs BAH:TRAFCO: 6.05

Trafco Group BSC Return-on-Tangible-Equity Historical Data

The historical data trend for Trafco Group BSC'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.

Trafco Group BSC Return-on-Tangible-Equity Chart

Trafco Group BSC 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 5.28 5.46 4.79 5.50 5.98

Trafco Group BSC 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 1.13 12.41 6.99 3.73 1.38

Competitive Comparison of Trafco Group BSC's Return-on-Tangible-Equity

For the Food Distribution subindustry, Trafco Group BSC'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.


Trafco Group BSC's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Trafco Group BSC's Return-on-Tangible-Equity distribution charts can be found below:

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



Trafco Group BSC Return-on-Tangible-Equity Calculation

Trafco Group BSC'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 )
=1.752/( (28.355+30.236 )/ 2 )
=1.752/29.2955
=5.98 %

Trafco Group BSC'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 )
=0.408/( (28.826+30.236)/ 2 )
=0.408/29.531
=1.38 %

* 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.


Trafco Group BSC  (BAH:TRAFCO) 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.


Trafco Group BSC Return-on-Tangible-Equity Related Terms

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Trafco Group BSC (BAH:TRAFCO) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 20202, Manama, BHR
Trafco Group BSC imports and distributes food products. The company has seven operating segments; Wholesale operations segment includes the import and distribution of foodstuff, Retail operations segment include the import and distribution of foodstuff through supermarkets, Investments segment includes investment in quoted and unquoted securities, Dairy products and beverages segment includes production, processing, and distribution of dairy products, juices, ice cream, bottling of water, and other items, Fruits and vegetables include import and distribution of fruits, vegetables, and other food items, Storage and logistics include providing storage and logistics services, and Livestock include import and sale of live animals, fresh, chilled, and frozen meat and food service products.

Trafco Group BSC (BAH:TRAFCO) Headlines

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