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Wim Plast (BOM:526586) Return-on-Tangible-Equity : 13.22% (As of Mar. 2025)


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What is Wim Plast 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. Wim Plast's annualized net income for the quarter that ended in Mar. 2025 was ₹707 Mil. Wim Plast's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹5,348 Mil. Therefore, Wim Plast's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 13.22%.

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

BOM:526586' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.76   Med: 12.28   Max: 23.06
Current: 11.21

During the past 13 years, Wim Plast's highest Return-on-Tangible-Equity was 23.06%. The lowest was 8.76%. And the median was 12.28%.

BOM:526586's Return-on-Tangible-Equity is ranked better than
67.38% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.145 vs BOM:526586: 11.21

Wim Plast Return-on-Tangible-Equity Historical Data

The historical data trend for Wim Plast'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.

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Wim Plast Return-on-Tangible-Equity Chart

Wim Plast Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.76 8.80 9.75 11.95 11.15

Wim Plast Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.31 11.86 9.05 10.73 13.22

Competitive Comparison of Wim Plast's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, Wim Plast'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.


Wim Plast's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wim Plast's Return-on-Tangible-Equity distribution charts can be found below:

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


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Wim Plast Return-on-Tangible-Equity Calculation

Wim Plast's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=571.279/( (4894.828+5348.38 )/ 2 )
=571.279/5121.604
=11.15 %

Wim Plast's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=706.84/( (0+5348.38)/ 1 )
=706.84/5348.38
=13.22 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Wim Plast  (BOM:526586) 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.


Wim Plast Return-on-Tangible-Equity Related Terms

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


Wim Plast Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Sonawala Road, Cello House, Corporate Avenue, B Wing, Goregaon (East), Mumbai, MH, IND, 400 063
Wim Plast Ltd is an Indian company engaged in the manufacturing of plastic products such as Plastic Moulded Furniture, Extrusion Sheets, Air Coolers, Waste Bin Industrial Pallets and Industrial and Engineering Moulds. The company's finished products include Chairs, Dining tables, Stools, Storewell, Organizers, Baskets, Dairy crates, Fruit and vegetable crates, Center tables and others. The group markets its products under the brand name Cello. The company operates its business in the single segment of Plastics,Furniture & Allied Products.

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