What is Casino Guichard-Perrachon 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. Casino Guichard-Perrachon's annualized net income for the quarter that ended in Dec. 2023 was €-6,860 Mil. Casino Guichard-Perrachon's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €-5,432 Mil. Therefore, Casino Guichard-Perrachon's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.
The historical rank and industry rank for Casino Guichard-Perrachon's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:COp's Return-on-Tangible-Equity is not ranked *
in the Retail - Defensive industry.
Industry Median: 12.095 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Casino Guichard-Perrachon Return-on-Tangible-Equity Historical Data
The historical data trend for Casino Guichard-Perrachon'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 Casino Guichard-Perrachon's Return-on-Tangible-Equity
For the Grocery Stores subindustry, Casino Guichard-Perrachon'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.
Casino Guichard-Perrachon's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Casino Guichard-Perrachon's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Casino Guichard-Perrachon'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 two times the semi-annual (Dec. 2023) 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.
Casino Guichard-Perrachon Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Casino Guichard-Perrachon's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Casino Guichard-Perrachon (CHIX:COP) Business Description
Casino Guichard-Perrachon SA is a multiformat retailer with a focused exposure on France and Latin America. The Group's reportable segments are as follows: 1) France Retail segment comprising retail operating segments (mainly the Casino, Monoprix and Franprix sub-group banners); 2) GPA segment comprising the retail operations of GPA's food banners in Brazil; 3) Assaí segment comprising the retail operations of the Assaí food chain in Brazil; 4) Exito segment comprising the food retail operations of the Exito, Disco - Devoto and Libertad sub-group banners in Colombia, Uruguay and Argentina, respectively; 5) E-commerce segment comprising Cdiscount and the Cnova NV holding company.
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