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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. SMW Group's annualized net income for the quarter that ended in Dec. 2021 was €-1.33 Mil. SMW Group's average shareholder tangible equity for the quarter that ended in Dec. 2021 was €-8.63 Mil. Therefore, SMW Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was N/A%.
The historical rank and industry rank for SMW Group's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, SMW Group's highest Return-on-Tangible-Equity was 49.23%. The lowest was -703.90%. And the median was -71.93%.
FRA:XAO's Return-on-Tangible-Equity is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.355 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
SMW Group (FRA:XAO) 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.
SMW Group Return-on-Tangible-Equity Related Terms
SMW Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SMW 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.
FRA:XAO vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, SMW 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.
SMW Group Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, SMW Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SMW Group's Return-on-Tangible-Equity falls into.
* 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. 2021) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
SMW Group (FRA:XAO) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SMW Group and its competitors.
Is SMW Group's Return-on-Tangible-Equity too high?
SMW Group's current Return-on-Tangible-Equity is 0.00%.
How does SMW Group's Return-on-Tangible-Equity compare to CAT and DE?
SMW Group's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Return-on-Tangible-Equity is 9.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.36, based on 200 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SMW Group and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMW Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMW Group stock overvalued right now?
SMW Group (FRA:XAO) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For SMW Group (FRA:XAO), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SMW Group Ltd is a mining and industry services provider based in Rockhampton and servicing Central Queensland. The company offers full-service maintenance, fabrication, and field service to the mining industry in the Bowen Basin, Galilee Basin and beyond. It provides field maintenance and workshop maintenance services and can design, engineer, fabricate and service all types of heavy equipment. The company's segments include Mackay and Rockhampton. It generates maximum revenue from the Rockhampton segment.
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