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WP Energy PCL (BKK:WP) Return-on-Tangible-Equity : 18.25% (As of Jun. 2024)


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What is WP Energy 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. WP Energy PCL's annualized net income for the quarter that ended in Jun. 2024 was ฿147 Mil. WP Energy PCL's average shareholder tangible equity for the quarter that ended in Jun. 2024 was ฿804 Mil. Therefore, WP Energy PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 18.25%.

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

BKK:WP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.51   Med: 16.03   Max: 42.17
Current: 16.09

During the past 10 years, WP Energy PCL's highest Return-on-Tangible-Equity was 42.17%. The lowest was -2.51%. And the median was 16.03%.

BKK:WP's Return-on-Tangible-Equity is ranked better than
68.06% of 501 companies
in the Utilities - Regulated industry
Industry Median: 10.5 vs BKK:WP: 16.09

WP Energy PCL Return-on-Tangible-Equity Historical Data

The historical data trend for WP Energy 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.

WP Energy PCL Return-on-Tangible-Equity Chart

WP Energy PCL 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 28.62 17.05 10.98 13.48 15.00

WP Energy PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 12.92 12.57 17.09 15.65 18.25

Competitive Comparison of WP Energy PCL's Return-on-Tangible-Equity

For the Utilities - Regulated Gas subindustry, WP Energy 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.


WP Energy PCL's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WP Energy PCL's Return-on-Tangible-Equity distribution charts can be found below:

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



WP Energy PCL Return-on-Tangible-Equity Calculation

WP Energy 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 )
=125.452/( (858.888+814.247 )/ 2 )
=125.452/836.5675
=15.00 %

WP Energy PCL'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: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=146.74/( (853.952+754.258)/ 2 )
=146.74/804.105
=18.25 %

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


WP Energy PCL  (BKK:WP) 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.


WP Energy PCL Return-on-Tangible-Equity Related Terms

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


WP Energy PCL Business Description

Traded in Other Exchanges
N/A
Address
1 East Water Buildings 15th Floor, Soi Viphavadi Rangsit 5, Vibhavadi Rangsit Road, Chom Pon Sub-district, Chatuchak district, Bangkok, THA, 10900
WP Energy PCL is engaged in trading of Liquefied Petroleum Gas (LPG), and transportation of oil, gas, and chemical substances. The company distributes its liquefied petroleum gas cylinders to filling plants, gas retail shops, and gas users in commercial and household sectors. It derives a majority of revenue from the trading of Liquefied Petroleum Gas (LPG) activity. The group generates majority of the revenue from Thailand.