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OCI NV (CHIX:OCIA) Return-on-Tangible-Equity : -7.27% (As of Jun. 2024)


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What is OCI NV 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. OCI NV's annualized net income for the quarter that ended in Jun. 2024 was €-59 Mil. OCI NV's average shareholder tangible equity for the quarter that ended in Jun. 2024 was €808 Mil. Therefore, OCI NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -7.27%.

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

CHIX:OCIa' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -52.89   Med: 6.18   Max: 76.13
Current: -26.09

During the past 12 years, OCI NV's highest Return-on-Tangible-Equity was 76.13%. The lowest was -52.89%. And the median was 6.18%.

CHIX:OCIa's Return-on-Tangible-Equity is ranked worse than
92.37% of 1520 companies
in the Chemicals industry
Industry Median: 5.575 vs CHIX:OCIa: -26.09

OCI NV Return-on-Tangible-Equity Historical Data

The historical data trend for OCI NV'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.

OCI NV Return-on-Tangible-Equity Chart

OCI NV 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 -52.89 -24.10 54.01 76.13 -28.46

OCI NV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -27.23 -58.85 -54.73 11.78 -7.27

Competitive Comparison of OCI NV's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, OCI NV'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.


OCI NV's Return-on-Tangible-Equity Distribution in the Chemicals Industry

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

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



OCI NV Return-on-Tangible-Equity Calculation

OCI NV'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 )
=-359.464/( (1729.597+796.322 )/ 2 )
=-359.464/1262.9595
=-28.46 %

OCI NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-58.712/( (810.06+806.001)/ 2 )
=-58.712/808.0305
=-7.27 %

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


OCI NV  (CHIX:OCIa) 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.


OCI NV Return-on-Tangible-Equity Related Terms

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


OCI NV Business Description

Industry
Traded in Other Exchanges
Address
Honthorststraat 19, Amsterdam, NH, NLD, 1071
OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The reportable segments are: Methanol US, Methanol Europe, and Nitrogen Europe. The company generates the majority of its revenue from Nitrogen Europe segment. The Nitrogen Europe segment is engaged in consists of OCI Nitrogen (OCIN) and OCI Terminal Europoort B.V. Nitrogen is an integrated nitrates fertilizer producer and melamine producer with production site in Geleen, the Netherlands. OCI Terminal Europoort B.V. provides storage and shipment services of ammonia through at its location in Rotterdam, the Netherlands. The company generates the majority of its revenue from Europe and the Americas.

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