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Fidelity Asian Values (CHIX:FASL) Return-on-Tangible-Equity : 5.99% (As of Jan. 2025)


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What is Fidelity Asian Values 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. Fidelity Asian Values's annualized net income for the quarter that ended in Jan. 2025 was £23.29 Mil. Fidelity Asian Values's average shareholder tangible equity for the quarter that ended in Jan. 2025 was £388.99 Mil. Therefore, Fidelity Asian Values's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 was 5.99%.

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

CHIX:FASl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.65   Med: 5.92   Max: 32.7
Current: 8.55

During the past 13 years, Fidelity Asian Values's highest Return-on-Tangible-Equity was 32.70%. The lowest was -18.65%. And the median was 5.92%.

CHIX:FASl's Return-on-Tangible-Equity is ranked better than
53.1% of 1631 companies
in the Asset Management industry
Industry Median: 7.74 vs CHIX:FASl: 8.55

Fidelity Asian Values Return-on-Tangible-Equity Historical Data

The historical data trend for Fidelity Asian Values'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.

Fidelity Asian Values Return-on-Tangible-Equity Chart

Fidelity Asian Values Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.65 32.70 3.70 10.40 2.97

Fidelity Asian Values Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 18.95 1.89 -4.96 11.06 5.99

Competitive Comparison of Fidelity Asian Values's Return-on-Tangible-Equity

For the Asset Management subindustry, Fidelity Asian Values'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.


Fidelity Asian Values's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity Asian Values's Return-on-Tangible-Equity distribution charts can be found below:

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


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Fidelity Asian Values Return-on-Tangible-Equity Calculation

Fidelity Asian Values's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=11.662/( (394.577+392.014 )/ 2 )
=11.662/393.2955
=2.97 %

Fidelity Asian Values's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2025 )  (Q: Jul. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Jul. 2024 )(Q: Jan. 2025 )
=23.292/( (392.014+385.963)/ 2 )
=23.292/388.9885
=5.99 %

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


Fidelity Asian Values  (CHIX:FASl) 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.


Fidelity Asian Values Return-on-Tangible-Equity Related Terms

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


Fidelity Asian Values Business Description

Traded in Other Exchanges
Address
Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity Asian Values PLC is an investment trust to achieve long-term capital growth from stock markets in the Asian region excluding Japan. The company's investment policy is to invest in a diversified portfolio of securities and instruments of companies. The company invests in consumer discretionary, financials, information technology, consumer staples, industrials, health care, utilities, materials, telecommunication services and energy sectors.

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