GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Perpetual UK Smaller Companies Inv Tst PLC (CHIX:IPUl) » Definitions » Return-on-Tangible-Equity

Invesco Perpetual UK Smaller Inv Tst (CHIX:IPUL) Return-on-Tangible-Equity : 11.53% (As of Jan. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Invesco Perpetual UK Smaller Inv Tst 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. Invesco Perpetual UK Smaller Inv Tst's annualized net income for the quarter that ended in Jan. 2024 was £18.49 Mil. Invesco Perpetual UK Smaller Inv Tst's average shareholder tangible equity for the quarter that ended in Jan. 2024 was £160.39 Mil. Therefore, Invesco Perpetual UK Smaller Inv Tst's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 11.53%.

The historical rank and industry rank for Invesco Perpetual UK Smaller Inv Tst's Return-on-Tangible-Equity or its related term are showing as below:

CHIX:IPUl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.27   Med: 6.32   Max: 26
Current: -4.45

During the past 13 years, Invesco Perpetual UK Smaller Inv Tst's highest Return-on-Tangible-Equity was 26.00%. The lowest was -19.27%. And the median was 6.32%.

CHIX:IPUl's Return-on-Tangible-Equity is ranked worse than
79.55% of 1677 companies
in the Asset Management industry
Industry Median: 4.98 vs CHIX:IPUl: -4.45

Invesco Perpetual UK Smaller Inv Tst Return-on-Tangible-Equity Historical Data

The historical data trend for Invesco Perpetual UK Smaller Inv Tst'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.

Invesco Perpetual UK Smaller Inv Tst Return-on-Tangible-Equity Chart

Invesco Perpetual UK Smaller Inv Tst Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.00 -3.82 17.43 -19.27 -4.37

Invesco Perpetual UK Smaller Inv Tst Quarterly Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -14.74 -48.32 -29.04 -28.65 11.53

Competitive Comparison of Invesco Perpetual UK Smaller Inv Tst's Return-on-Tangible-Equity

For the Asset Management subindustry, Invesco Perpetual UK Smaller Inv Tst'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.


Invesco Perpetual UK Smaller Inv Tst's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Perpetual UK Smaller Inv Tst's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Invesco Perpetual UK Smaller Inv Tst's Return-on-Tangible-Equity falls into.



Invesco Perpetual UK Smaller Inv Tst Return-on-Tangible-Equity Calculation

Invesco Perpetual UK Smaller Inv Tst's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-7.35/( (174.915+161.395 )/ 2 )
=-7.35/168.155
=-4.37 %

Invesco Perpetual UK Smaller Inv Tst's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=18.488/( (159.378+161.395)/ 2 )
=18.488/160.3865
=11.53 %

* 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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Invesco Perpetual UK Smaller Inv Tst  (CHIX:IPUl) 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.


Invesco Perpetual UK Smaller Inv Tst Return-on-Tangible-Equity Related Terms

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


Invesco Perpetual UK Smaller Inv Tst (CHIX:IPUL) Business Description

Traded in Other Exchanges
Address
Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Perpetual UK Smaller Companies Inv Tst PLC is an investment trust based in the United Kingdom. The company's investment objective is to achieve a long-term total return for shareholders primarily by investment in a broad cross-section of small to medium-sized UK quoted companies.

Invesco Perpetual UK Smaller Inv Tst (CHIX:IPUL) Headlines

No Headlines