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. The Brink's Co's annualized net income for the quarter that ended in Mar. 2024 was €181 Mil. The Brink's Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €-1,422 Mil. Therefore, The Brink's Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was Negative Tangible Equity%.
The historical rank and industry rank for The Brink's Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:PTY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.64 Med: -8.42 Max: 29.25
Current: Negative Tangible Equity
During the past 13 years, The Brink's Co's highest Return-on-Tangible-Equity was 29.25%. The lowest was -28.64%. And the median was -8.42%.
FRA:PTY's Return-on-Tangible-Equity is ranked better than 99.9% of 999
companies
in the Business Services industry
Industry Median: 11.93
vs FRA:PTY: Negative Tangible Equity
The Brink's Co Return-on-Tangible-Equity Historical Data
The historical data trend for The Brink's Co'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 The Brink's Co's Return-on-Tangible-Equity
For the Security & Protection Services subindustry, The Brink's Co'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.
The Brink's Co's Return-on-Tangible-Equity Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, The Brink's Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Brink's Co's Return-on-Tangible-Equity falls into.
The Brink's Co Return-on-Tangible-Equity Calculation
The Brink's Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
The Brink's Co (FRA:PTY) 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.
The Brink's Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of The Brink's Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.
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