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. Ann's annualized net income for the quarter that ended in Apr. 2015 was €50 Mil. Ann's average shareholder tangible equity for the quarter that ended in Apr. 2015 was €465 Mil. Therefore, Ann's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2015 was 10.78%.
The historical rank and industry rank for Ann's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AAK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -68.89 Med: 16.12 Max: 27.39
Current: 15.23
During the past 13 years, Ann's highest Return-on-Tangible-Equity was 27.39%. The lowest was -68.89%. And the median was 16.12%.
FRA:AAK's Return-on-Tangible-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.285
vs FRA:AAK: 15.23
Ann Return-on-Tangible-Equity Historical Data
The historical data trend for Ann'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.
Competitive Comparison of Ann's Return-on-Tangible-Equity
For the Apparel Retail subindustry, Ann'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.
Ann's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ann's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ann's Return-on-Tangible-Equity falls into.
Ann Return-on-Tangible-Equity Calculation
Ann's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2015 is calculated as
* 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 (Apr. 2015) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Ann (FRA:AAK) 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.
Ann Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Ann's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Ann Inc was incorporated in the State of Delaware in 1988 and changed its name to ANN INC. in March 2011. The Company through its wholly-owned subsidiaries is a specialty retailer of women's apparel, shoes and accessories sold mainly under the Ann Taylor and LOFT brands. The Company has four operating segments including Ann Taylor, LOFT, Ann Taylor Factory and LOFT Outlet. Ann Taylor is a luxury brand that offers modern style while remaining true to its legacy as a destination for every generation of working women, with timeless wear-now and wear-to-work fashion of impeccable quality at compelling prices. LOFT provides fashion that delivers feminine appeal, special and unexpected details, and a flattering fit, making its client's style aspirations attainable. The Company's Ann Taylor and LOFT stores offer career and casual separates, dresses, tops, weekend wear, shoes and accessories, coordinated as part of a strategy to provide modern styles that are versatile across all occasions and needs. It also offer updated past season best sellers from the Ann Taylor and LOFT merchandise collections at its Ann Taylor Factory and LOFT Outlet stores, respectively. In addition to its stores, its clients can shop online at www.anntaylor.com and www.LOFT.com. The AnnTaylor, LOFT and AnnTaylor Loft trademarks are registered with the United States Patent and Trademark Office and with the trademark registries of many foreign countries. The Company's stores compete with certain departments in international, national and local department stores and with other specialty stores, catalog and internet businesses that offer similar categories of merchandise.
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