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Bematech (BSP:BEMA3) Return-on-Tangible-Equity : 32.35% (As of Jun. 2015)


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What is Bematech 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. Bematech's annualized net income for the quarter that ended in Jun. 2015 was R$32.0 Mil. Bematech's average shareholder tangible equity for the quarter that ended in Jun. 2015 was R$98.9 Mil. Therefore, Bematech's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 was 32.35%.

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

BSP:BEMA3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.07   Med: 22.35   Max: 43.05
Current: 43.05

During the past 10 years, Bematech's highest Return-on-Tangible-Equity was 43.05%. The lowest was -28.07%. And the median was 22.35%.

BSP:BEMA3's Return-on-Tangible-Equity is not ranked
in the Hardware industry.
Industry Median: 5.355 vs BSP:BEMA3: 43.05

Bematech Return-on-Tangible-Equity Historical Data

The historical data trend for Bematech'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.

Bematech Return-on-Tangible-Equity Chart

Bematech Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.92 -28.07 22.35 29.31 40.30

Bematech Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 39.29 52.44 48.38 40.62 32.35

Competitive Comparison of Bematech's Return-on-Tangible-Equity

For the Computer Hardware subindustry, Bematech'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.


Bematech's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bematech's Return-on-Tangible-Equity distribution charts can be found below:

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



Bematech Return-on-Tangible-Equity Calculation

Bematech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=54.07/( (161.279+107.028 )/ 2 )
=54.07/134.1535
=40.30 %

Bematech's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=31.988/( (101.449+96.331)/ 2 )
=31.988/98.89
=32.35 %

* 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. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bematech  (BSP:BEMA3) 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.


Bematech Return-on-Tangible-Equity Related Terms

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


Bematech (BSP:BEMA3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bematech SA was formed on October 1, 1990. It is a Brazilian multinational that provides complete technological solutions for the retail, food service and hospitality industries. It is engaged in manufacture, sale, intermediation of sales, import, export, design, development, representation, distribution and rental of electric, electronic and electromechanical equipment and related parts and components; the development, representation, distribution and rental of software; licensing and assignment of rights to use software programs; sale of supplies for IT equipment; the rendering of technical assistance services, support, training and information technology projects; the franchising of products and services, as well as the investment in other companies as stockholder or quotaholder. The Company's operating segments are subdivided into Hardware, Software and Services.

Bematech (BSP:BEMA3) Headlines

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