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Unipar Carbocloro (BSP:UNIP5) Return-on-Tangible-Equity : 27.85% (As of Dec. 2023)


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What is Unipar Carbocloro 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. Unipar Carbocloro's annualized net income for the quarter that ended in Dec. 2023 was R$641 Mil. Unipar Carbocloro's average shareholder tangible equity for the quarter that ended in Dec. 2023 was R$2,300 Mil. Therefore, Unipar Carbocloro's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 27.85%.

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

BSP:UNIP5' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.71   Med: 39.32   Max: 116.47
Current: 35.3

During the past 13 years, Unipar Carbocloro's highest Return-on-Tangible-Equity was 116.47%. The lowest was 13.71%. And the median was 39.32%.

BSP:UNIP5's Return-on-Tangible-Equity is ranked better than
94.17% of 1526 companies
in the Chemicals industry
Industry Median: 5.77 vs BSP:UNIP5: 35.30

Unipar Carbocloro Return-on-Tangible-Equity Historical Data

The historical data trend for Unipar Carbocloro'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.

Unipar Carbocloro Return-on-Tangible-Equity Chart

Unipar Carbocloro 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 15.63 28.28 116.47 66.29 38.15

Unipar Carbocloro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.09 47.27 32.75 31.75 27.85

Competitive Comparison of Unipar Carbocloro's Return-on-Tangible-Equity

For the Chemicals subindustry, Unipar Carbocloro'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.


Unipar Carbocloro's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unipar Carbocloro's Return-on-Tangible-Equity distribution charts can be found below:

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



Unipar Carbocloro Return-on-Tangible-Equity Calculation

Unipar Carbocloro'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 )
=787.508/( (2019.491+2109.196 )/ 2 )
=787.508/2064.3435
=38.15 %

Unipar Carbocloro's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=640.612/( (2491.777+2109.196)/ 2 )
=640.612/2300.4865
=27.85 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Unipar Carbocloro  (BSP:UNIP5) 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.


Unipar Carbocloro Return-on-Tangible-Equity Related Terms

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


Unipar Carbocloro (BSP:UNIP5) Business Description

Traded in Other Exchanges
Address
Rua Joaquim Floriano, 960, 15th floor, São Paulo, BRA, 20016900
Unipar Carbocloro SA is a Brazilian company which is engaged in producing and PVC (Poly Vinyl Chloride) resins and chemicals, such as caustic soda, liquid and prills, and sodium hypochlorite. It offers chlorine, soda, hydrochloric acid, sodium hypochlorite, and dichloroethane for the use in water treatment.

Unipar Carbocloro (BSP:UNIP5) Headlines

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