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Energroup Holdings (Energroup Holdings) Return-on-Tangible-Equity : 24.60% (As of Sep. 2010)


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What is Energroup Holdings 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. Energroup Holdings's annualized net income for the quarter that ended in Sep. 2010 was $23.9 Mil. Energroup Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2010 was $97.2 Mil. Therefore, Energroup Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2010 was 24.60%.

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

ENHD's Return-on-Tangible-Equity is not ranked *
in the Retail - Defensive industry.
Industry Median: 12.18
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Energroup Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Energroup Holdings'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.

Energroup Holdings Return-on-Tangible-Equity Chart

Energroup Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Return-on-Tangible-Equity
- 122.72 47.23 15.26 9.20

Energroup Holdings Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 21.84 7.07 32.03 29.64 24.60

Competitive Comparison of Energroup Holdings's Return-on-Tangible-Equity

For the Food Distribution subindustry, Energroup Holdings'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.


Energroup Holdings's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Energroup Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Energroup Holdings Return-on-Tangible-Equity Calculation

Energroup Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=6.054/( (53.496+78.048 )/ 2 )
=6.054/65.772
=9.20 %

Energroup Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=23.908/( (93.373+101.008)/ 2 )
=23.908/97.1905
=24.60 %

* 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 (Sep. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Energroup Holdings  (OTCPK:ENHD) 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.


Energroup Holdings Return-on-Tangible-Equity Related Terms

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


Energroup Holdings (Energroup Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No.9,Xin Yi Street, Ganjingzi District, Dalian, Liaoning, CHN, 116039
Energroup Holdings Corp is engaged in the production, processing, sale and distribution of fresh and prepared meat products in China.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Yizhao Zhang officer: Chief Financial Officer 45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520
Thomas J Howells other: resigned as director 4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, C of B, Scty 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226
Duane S Jenson 10 percent owner 4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84111

Energroup Holdings (Energroup Holdings) Headlines

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