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Agria (GRO) Return-on-Tangible-Equity : -27.63% (As of Jun. 2016)


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What is Agria 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. Agria's annualized net income for the quarter that ended in Jun. 2016 was $-10.8 Mil. Agria's average shareholder tangible equity for the quarter that ended in Jun. 2016 was $39.1 Mil. Therefore, Agria's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 was -27.63%.

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

GRO's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.51
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Agria Return-on-Tangible-Equity Historical Data

The historical data trend for Agria'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.

Agria Return-on-Tangible-Equity Chart

Agria Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.59 -456.38 10.02 -0.81 -21.73

Agria Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Dec09 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 12.09 10.65 -14.31 -17.82 -27.63

Competitive Comparison of Agria's Return-on-Tangible-Equity

For the Farm Products subindustry, Agria'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.


Agria's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agria's Return-on-Tangible-Equity distribution charts can be found below:

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



Agria Return-on-Tangible-Equity Calculation

Agria's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2016 )  (A: Jun. 2015 )(A: Jun. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2016 )  (A: Jun. 2015 )(A: Jun. 2016 )
=-9.23/( (46.403+38.558 )/ 2 )
=-9.23/42.4805
=-21.73 %

Agria's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2016 )  (Q: Dec. 2015 )(Q: Jun. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Dec. 2015 )(Q: Jun. 2016 )
=-10.796/( (39.593+38.558)/ 2 )
=-10.796/39.0755
=-27.63 %

* 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 (Jun. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Agria  (NYSE:GRO) 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.


Agria Return-on-Tangible-Equity Related Terms

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


Agria (GRO) Business Description

Traded in Other Exchanges
N/A
Address
Agria Corp was incorporated as a Cayman Islands company in May 2007. The Company is an international agricultural company with operations in New Zealand, Australia, South America and China through its subsidiaries and consolidated structured entities. It has three principal business segments: Seed and Grain - This business segment is engaged in research and development, production, and sale of seed products including forage, turf, maize, corn, cereal and vegetable seeds. Its business also includes multiplication of seed for international customers and trading of seed and grain products globally. Crop Protection, Nutrients and Merchandise - This business segment operates an extensive chain of retail stores that supply farm input materials including chemicals, fertilizers, pollination products, frost protection products, fencing, animal health and nutrition products, grains and seeds, clothing, leisure goods, and gardening equipment. It offers plant nutrition options, supported by industry- knowledge of the specific products and application protocols. Rural Services - This business segment offers services critical to the agricultural economy, including: Livestock - Livestock agents for sheep, beef, dairy, deer farmers, meat processors and livestock exporters. It is engaged in trading livestock through auctions, private on-farm sales, and online or direct sales to meat processors; Wool - Sales agents for sheep farmers, through auctions, forward contracts and private sales; and providing a comprehensive range of services to grower clients and wool processors including on-farm assistance, in-store wool handling and export processing; Irrigation and Pumping - Design, construction, installation and servicing of irrigation and pumping systems; Real Estate - Real estate brokerage focused on farm sales with additional transactions in lifestyle and residential properties; and Insurance - Insurance brokerage providing insurance products. The Company operates predominantly in New Zealand, Australia, South America and China. The Australian and South American business units facilitate the export sales and services of New Zealand operations in addition to their own seed trading operations. Inter-segment pricing is determined on an arm's length basis.

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