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Ahlers AG (FRA:AAH) Return-on-Tangible-Equity : -50.89% (As of May. 2023)


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What is Ahlers AG 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. Ahlers AG's annualized net income for the quarter that ended in May. 2023 was €-13.7 Mil. Ahlers AG's average shareholder tangible equity for the quarter that ended in May. 2023 was €26.9 Mil. Therefore, Ahlers AG's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2023 was -50.89%.

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

FRA:AAH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.04   Med: -2.02   Max: 6.05
Current: -34.04

During the past 13 years, Ahlers AG's highest Return-on-Tangible-Equity was 6.05%. The lowest was -34.04%. And the median was -2.02%.

FRA:AAH's Return-on-Tangible-Equity is ranked worse than
93.3% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.84 vs FRA:AAH: -34.04

Ahlers AG Return-on-Tangible-Equity Historical Data

The historical data trend for Ahlers AG'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.

Ahlers AG Return-on-Tangible-Equity Chart

Ahlers AG Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.78 -5.29 -31.19 -20.19 -25.85

Ahlers AG Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 -18.24 -22.33 -31.03 -20.07 -50.89

Competitive Comparison of Ahlers AG's Return-on-Tangible-Equity

For the Apparel Manufacturing subindustry, Ahlers AG'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.


Ahlers AG's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ahlers AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Ahlers AG Return-on-Tangible-Equity Calculation

Ahlers AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=-9.3/( (41.795+30.15 )/ 2 )
=-9.3/35.9725
=-25.85 %

Ahlers AG's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: May. 2023 )  (Q: Nov. 2022 )(Q: May. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: May. 2023 )  (Q: Nov. 2022 )(Q: May. 2023 )
=-13.69/( (30.15+23.657)/ 2 )
=-13.69/26.9035
=-50.89 %

* 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 (May. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ahlers AG  (FRA:AAH) 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.


Ahlers AG Return-on-Tangible-Equity Related Terms

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


Ahlers AG (FRA:AAH) Business Description

Traded in Other Exchanges
Address
Elverdisser Strasse 313, Herford, NW, DEU, 32052
Ahlers AG is a manufacturer of men's apparel. Ahlers operates in two segments namely Premium brands and Jeans and Workwear. Its brand profile includes Otto Kern, Baldessarini, Pierre Cardin, Pioneer Jeans, and others. The firm has its geographical footprints in Germany, Western Europe, Central/ Eastern Europe, and others. It generates a majority of its revenue from the Premium Brands segment.

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