What is Juhayna Food 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. Juhayna Food Industries's annualized net income for the quarter that ended in Mar. 2024 was E£1,913 Mil. Juhayna Food Industries's average shareholder tangible equity for the quarter that ended in Mar. 2024 was E£4,211 Mil. Therefore, Juhayna Food Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 45.44%.
The historical rank and industry rank for Juhayna Food Industries's Return-on-Tangible-Equity or its related term are showing as below:
CAI:JUFO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.37 Med: 14.24 Max: 29.34
Current: 29.34
During the past 13 years, Juhayna Food Industries's highest Return-on-Tangible-Equity was 29.34%. The lowest was 2.37%. And the median was 14.24%.
CAI:JUFO's Return-on-Tangible-Equity is ranked better than 86.59% of 1790
companies
in the Consumer Packaged Goods industry
Industry Median: 7.725
vs CAI:JUFO: 29.34
Juhayna Food Industries Return-on-Tangible-Equity Historical Data
The historical data trend for Juhayna Food 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.
Competitive Comparison of Juhayna Food Industries's Return-on-Tangible-Equity
For the Packaged Foods subindustry, Juhayna Food 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.
Juhayna Food Industries's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Juhayna Food Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Juhayna Food Industries's Return-on-Tangible-Equity falls into.
* 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.
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.
Juhayna Food Industries Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Juhayna Food Industries's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Juhayna Food Industries (CAI:JUFO) Business Description
Juhayna Food Industries is an Egypt-based company that produces, processes, and packages dairy, juice, and cooling products. Its core segments include dairy, cooling, juices, concentrates, and agriculture. Its Dairy segment produces a variety of milk products, ranging from plain and flavored milk to specialty products for manufacturers through which it derives the majority of its revenues. The Cooling segment produces cooled dairy products. The Juice segment produces healthy premium juices and juice beverages. The Concentrates segment produces concentrates used in its own juice manufacturing operation. Its agricultural activities are centered around livestock, land reclamation, and produce farming.
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