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Anchor Capital Investments (FRA:ACP) Return-on-Tangible-Equity : -51.59% (As of Dec. 2016)


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What is Anchor Capital Investments 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. Anchor Capital Investments's annualized net income for the quarter that ended in Dec. 2016 was €-1.73 Mil. Anchor Capital Investments's average shareholder tangible equity for the quarter that ended in Dec. 2016 was €3.36 Mil. Therefore, Anchor Capital Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 was -51.59%.

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

FRA:ACP's Return-on-Tangible-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 5.665
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Anchor Capital Investments Return-on-Tangible-Equity Historical Data

The historical data trend for Anchor Capital Investments'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.

Anchor Capital Investments Return-on-Tangible-Equity Chart

Anchor Capital Investments Annual Data
Trend Dec15 Dec16
Return-on-Tangible-Equity
20.94 39.53

Anchor Capital Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16
Return-on-Tangible-Equity - -30.16 123.36 -51.59

Competitive Comparison of Anchor Capital Investments's Return-on-Tangible-Equity

For the Capital Markets subindustry, Anchor Capital Investments'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.


Anchor Capital Investments's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Anchor Capital Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Anchor Capital Investments's Return-on-Tangible-Equity falls into.



Anchor Capital Investments Return-on-Tangible-Equity Calculation

Anchor Capital Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=0.996/( (1.996+3.043 )/ 2 )
=0.996/2.5195
=39.53 %

Anchor Capital Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2016 )  (Q: Jun. 2016 )(Q: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Jun. 2016 )(Q: Dec. 2016 )
=-1.732/( (3.672+3.043)/ 2 )
=-1.732/3.3575
=-51.59 %

* 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 (Dec. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Anchor Capital Investments  (FRA:ACP) 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.


Anchor Capital Investments Return-on-Tangible-Equity Related Terms

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Anchor Capital Investments (FRA:ACP) Business Description

Traded in Other Exchanges
N/A
Address
Anchor Capital Investments Ltd is an investment consultancy company. It provides financial consulting, financial analysis, listing on the Stock Exchanges, business plan development and website development services.