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Oriental Enterprise Holdings (FRA:OPQ) Return-on-Tangible-Equity : 3.58% (As of Sep. 2023)


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What is Oriental Enterprise Holdings 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. Oriental Enterprise Holdings's annualized net income for the quarter that ended in Sep. 2023 was €7.36 Mil. Oriental Enterprise Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2023 was €205.87 Mil. Therefore, Oriental Enterprise Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 3.58%.

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

FRA:OPQ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.62   Med: 5.11   Max: 11.56
Current: 6.52

During the past 13 years, Oriental Enterprise Holdings's highest Return-on-Tangible-Equity was 11.56%. The lowest was -0.62%. And the median was 5.11%.

FRA:OPQ's Return-on-Tangible-Equity is ranked better than
52.86% of 893 companies
in the Media - Diversified industry
Industry Median: 5.33 vs FRA:OPQ: 6.52

Oriental Enterprise Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Oriental Enterprise Holdings'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.

Oriental Enterprise Holdings Return-on-Tangible-Equity Chart

Oriental Enterprise Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.01 -0.63 11.15 9.15 9.44

Oriental Enterprise Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.60 10.82 9.94 9.11 3.58

Competitive Comparison of Oriental Enterprise Holdings's Return-on-Tangible-Equity

For the Publishing subindustry, Oriental Enterprise Holdings'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.


Oriental Enterprise Holdings's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Oriental Enterprise Holdings's Return-on-Tangible-Equity falls into.



Oriental Enterprise Holdings Return-on-Tangible-Equity Calculation

Oriental Enterprise Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=19.821/( (215.365+204.429 )/ 2 )
=19.821/209.897
=9.44 %

Oriental Enterprise Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=7.36/( (204.429+207.312)/ 2 )
=7.36/205.8705
=3.58 %

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


Oriental Enterprise Holdings  (FRA:OPQ) 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.


Oriental Enterprise Holdings Return-on-Tangible-Equity Related Terms

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


Oriental Enterprise Holdings (FRA:OPQ) Business Description

Traded in Other Exchanges
Address
23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG
Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.

Oriental Enterprise Holdings (FRA:OPQ) Headlines

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