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. Raubex Group's annualized net income for the quarter that ended in Feb. 2024 was €48.9 Mil. Raubex Group's average shareholder tangible equity for the quarter that ended in Feb. 2024 was €233.0 Mil. Therefore, Raubex Group's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was 20.99%.
The historical rank and industry rank for Raubex Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:B7P'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.82 Med: 14.29 Max: 18.15
Current: 18.15
During the past 13 years, Raubex Group's highest Return-on-Tangible-Equity was 18.15%. The lowest was 1.82%. And the median was 14.29%.
FRA:B7P's Return-on-Tangible-Equity is ranked better than 74.25% of 1604
companies
in the Construction industry
Industry Median: 7.86
vs FRA:B7P: 18.15
Raubex Group Return-on-Tangible-Equity Historical Data
The historical data trend for Raubex Group'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 Raubex Group's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Raubex Group'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.
Raubex Group's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Raubex Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Raubex Group's Return-on-Tangible-Equity falls into.
Raubex Group Return-on-Tangible-Equity Calculation
Raubex Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2024 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 two times the semi-annual (Feb. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Raubex Group (FRA:B7P) 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.
Raubex Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Raubex Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Raubex Group Ltd is a South African infrastructure development and construction materials supply group. It operates across South Africa as well as throughout southern Africa. The group consists of three divisions as follows: The materials division specializes in the supply of aggregates from commercial quarries and is a provider of materials handling and screening services to the mining industry. Roads and Earthworks Division specializes in road construction and earthworks as well as road surfacing and rehabilitation which includes the manufacturing and laying of asphalt, chip and spray, surface dressing, enrichments, and slurry seals. The infrastructure division specializes in disciplines outside the road construction sector, including energy, rail, and telecommunications.
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