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KCG PCL (BKK:KCG) Return-on-Tangible-Equity : 10.72% (As of Mar. 2024)


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What is KCG PCL 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. KCG PCL's annualized net income for the quarter that ended in Mar. 2024 was ฿286 Mil. KCG PCL's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿2,673 Mil. Therefore, KCG PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.72%.

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

BKK:KCG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.94   Med: 18.68   Max: 20.92
Current: 11.94

During the past 5 years, KCG PCL's highest Return-on-Tangible-Equity was 20.92%. The lowest was 11.94%. And the median was 18.68%.

BKK:KCG's Return-on-Tangible-Equity is ranked better than
63.39% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 7.755 vs BKK:KCG: 11.94

KCG PCL Return-on-Tangible-Equity Historical Data

The historical data trend for KCG PCL'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.

KCG PCL Return-on-Tangible-Equity Chart

KCG PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
19.64 17.95 20.92 18.68 16.27

KCG PCL Quarterly Data
Dec19 Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.52 20.27 12.16 22.20 10.72

Competitive Comparison of KCG PCL's Return-on-Tangible-Equity

For the Packaged Foods subindustry, KCG PCL'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.


KCG PCL's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KCG PCL's Return-on-Tangible-Equity distribution charts can be found below:

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



KCG PCL Return-on-Tangible-Equity Calculation

KCG PCL'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 )
=305.902/( (1124.083+2636.225 )/ 2 )
=305.902/1880.154
=16.27 %

KCG PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=286.448/( (2636.225+2709.991)/ 2 )
=286.448/2673.108
=10.72 %

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


KCG PCL  (BKK:KCG) 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.


KCG PCL Return-on-Tangible-Equity Related Terms

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


KCG PCL (BKK:KCG) Business Description

Traded in Other Exchanges
N/A
Address
No. 3059 - 3059/1-3, Sukhumvit Road, Bangjak, Phrakanong, Bangkok, THA, 10260
KCG Corp PCL is a Thailand-based company that manufactures, imports, and distributes food and bakery products. The products of the company include Dairy products, Bakery products, biscuit products, crackers, Wafers, and Jelly.

KCG PCL (BKK:KCG) Headlines

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