What is Sri KPR Industries 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. Sri KPR Industries's annualized net income for the quarter that ended in Mar. 2024 was ₹99.9 Mil. Sri KPR Industries's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹1,162.5 Mil. Therefore, Sri KPR Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 8.59%.
The historical rank and industry rank for Sri KPR Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:514442'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.33 Med: 8.98 Max: 21.42
Current: 6.97
During the past 13 years, Sri KPR Industries's highest Return-on-Tangible-Equity was 21.42%. The lowest was 0.33%. And the median was 8.98%.
BOM:514442's Return-on-Tangible-Equity is ranked worse than 52.43% of 1604
companies
in the Construction industry
Industry Median: 7.81
vs BOM:514442: 6.97
Sri KPR Industries Return-on-Tangible-Equity Historical Data
The historical data trend for Sri KPR Industries'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.
Sri KPR Industries Return-on-Tangible-Equity Chart
Competitive Comparison of Sri KPR Industries's Return-on-Tangible-Equity
For the Building Products & Equipment subindustry, Sri KPR Industries'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.
Sri KPR Industries's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Sri KPR Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sri KPR Industries's Return-on-Tangible-Equity falls into.
Sri KPR Industries Return-on-Tangible-Equity Calculation
Sri KPR Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Sri KPR Industries (BOM:514442) 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.
Sri KPR Industries Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Sri KPR Industries's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sri KPR Industries (BOM:514442) Business Description
Sri KPR Industries Ltd operates in the water-supplying pipes business. It is involved in the manufacturing and sale of asbestos cement pressure pipes and Couplings. It offers AC Pressure Pipes and Fittings to the states of Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Gujarat, and others for use in drinking water supply schemes undertaken by state government departments. In addition, the group is also involved in the sale of wind electric power. It operates in two segments namely, Pipes Division and Wind Power Division.
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