GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Construcciones y Auxiliar de Ferrocarriles SA (FRA:AXF1) » Definitions » Return-on-Tangible-Equity

Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Construcciones y Auxiliar de Ferrocarriles 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. Construcciones y Auxiliar de Ferrocarriles's annualized net income for the quarter that ended in Dec. 2023 was €0 Mil. Construcciones y Auxiliar de Ferrocarriles's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €374 Mil. Therefore, Construcciones y Auxiliar de Ferrocarriles's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Construcciones y Auxiliar de Ferrocarriles's Return-on-Tangible-Equity or its related term are showing as below:

FRA:AXF1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.6   Med: 6.88   Max: 25.3
Current: 6.04

During the past 13 years, Construcciones y Auxiliar de Ferrocarriles's highest Return-on-Tangible-Equity was 25.30%. The lowest was 2.60%. And the median was 6.88%.

FRA:AXF1's Return-on-Tangible-Equity is ranked worse than
64.91% of 929 companies
in the Transportation industry
Industry Median: 9.63 vs FRA:AXF1: 6.04

Construcciones y Auxiliar de Ferrocarriles Return-on-Tangible-Equity Historical Data

The historical data trend for Construcciones y Auxiliar de Ferrocarriles'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.

Construcciones y Auxiliar de Ferrocarriles Return-on-Tangible-Equity Chart

Construcciones y Auxiliar de Ferrocarriles 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 5.97 2.60 24.43 14.61 25.30

Construcciones y Auxiliar de Ferrocarriles Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 9.70 2.99 22.72 - -

Competitive Comparison of Construcciones y Auxiliar de Ferrocarriles's Return-on-Tangible-Equity

For the Railroads subindustry, Construcciones y Auxiliar de Ferrocarriles'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.


Construcciones y Auxiliar de Ferrocarriles's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Construcciones y Auxiliar de Ferrocarriles's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Construcciones y Auxiliar de Ferrocarriles's Return-on-Tangible-Equity falls into.



Construcciones y Auxiliar de Ferrocarriles Return-on-Tangible-Equity Calculation

Construcciones y Auxiliar de Ferrocarriles'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 )
=89.158/( (320.209+384.572 )/ 2 )
=89.158/352.3905
=25.30 %

Construcciones y Auxiliar de Ferrocarriles's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=0/( (362.866+384.572)/ 2 )
=0/373.719
=0.00 %

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


Construcciones y Auxiliar de Ferrocarriles  (FRA:AXF1) 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.


Construcciones y Auxiliar de Ferrocarriles Return-on-Tangible-Equity Related Terms

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


Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Business Description

Traded in Other Exchanges
Address
Jose Miguel Iturrioz, 26, Guipuzcoa, Beasain, ESP, 20200
Construcciones y Auxiliar de Ferrocarriles SA is a Spain-based company that offers comprehensive railway solutions. The company's train-related products comprise high-speed rolling stock, wheelsets, traction and communication systems, signaling systems, and related services including vehicle maintenance, vehicle upgrading and refurbishment, and aftersales technical supports. In addition to supplying train-related products, the company also helps customers conduct viability studies, civil work, electrification projects, and system operation. The company operates under concession or turnkey models. Construcciones y Auxiliar de Ferrocarriles has a global presence, with Europe and Brazil being the two largest markets.

Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Headlines

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