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Starbucks Coffee Japan, (FRA:YTC) Return-on-Tangible-Equity : 10.80% (As of Dec. 2014)


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What is Starbucks Coffee Japan, 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. Starbucks Coffee Japan,'s annualized net income for the quarter that ended in Dec. 2014 was €37.4 Mil. Starbucks Coffee Japan,'s average shareholder tangible equity for the quarter that ended in Dec. 2014 was €346.6 Mil. Therefore, Starbucks Coffee Japan,'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was 10.80%.

The historical rank and industry rank for Starbucks Coffee Japan,'s Return-on-Tangible-Equity or its related term are showing as below:

FRA:YTC's Return-on-Tangible-Equity is not ranked *
in the Restaurants industry.
Industry Median: 11.185
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Starbucks Coffee Japan, Return-on-Tangible-Equity Historical Data

The historical data trend for Starbucks Coffee Japan,'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.

Starbucks Coffee Japan, Return-on-Tangible-Equity Chart

Starbucks Coffee Japan, Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Return-on-Tangible-Equity
Get a 7-Day Free Trial 11.30 3.70 11.48 13.00 12.91

Starbucks Coffee Japan, Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 8.46 6.08 25.86 20.78 10.80

Competitive Comparison of Starbucks Coffee Japan,'s Return-on-Tangible-Equity

For the Restaurants subindustry, Starbucks Coffee Japan,'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.


Starbucks Coffee Japan,'s Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks Coffee Japan,'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Starbucks Coffee Japan,'s Return-on-Tangible-Equity falls into.



Starbucks Coffee Japan, Return-on-Tangible-Equity Calculation

Starbucks Coffee Japan,'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2014 )  (A: Mar. 2013 )(A: Mar. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2014 )  (A: Mar. 2013 )(A: Mar. 2014 )
=42.381/( (335.25+321.466 )/ 2 )
=42.381/328.358
=12.91 %

Starbucks Coffee Japan,'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Sep. 2014 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Sep. 2014 )(Q: Dec. 2014 )
=37.436/( (351.977+341.172)/ 2 )
=37.436/346.5745
=10.80 %

* 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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Starbucks Coffee Japan,  (FRA:YTC) 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.


Starbucks Coffee Japan, Return-on-Tangible-Equity Related Terms

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Starbucks Coffee Japan, (FRA:YTC) Business Description

Traded in Other Exchanges
N/A
Address
Starbucks Coffee Japan, Ltd. was founded on October 26, 1995. The Company engages in the operation and management of coffee shops. Its operations are carried out through the following business divisions: Beverage, Food, Coffee Bean, Coffee Equipment, and Other. The Beverage division offers coffee, espresso, frappuccino, tea, and fruit juices. The Food division produces and distributes breakfast, pastries, sandwiches, salads, desserts, and packaged foods. The Coffee bean division involves with the sale of coffee beans. The Coffee Equipment division develops and markets espresso machines, coffee presses, coffee makers, and solo filters. The Other division produces and distributes Starbucks Coffee store-related items, such as mugs, tumblers, drinking glass, and utensils.

Starbucks Coffee Japan, (FRA:YTC) Headlines

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