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Brilliant AG (HAM:BAG) Return-on-Tangible-Equity : 6.45% (As of Dec. 2021)


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What is Brilliant AG 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. Brilliant AG's annualized net income for the quarter that ended in Dec. 2021 was €0.90 Mil. Brilliant AG's average shareholder tangible equity for the quarter that ended in Dec. 2021 was €13.88 Mil. Therefore, Brilliant AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was 6.45%.

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

HAM:BAG's Return-on-Tangible-Equity is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.21
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Brilliant AG Return-on-Tangible-Equity Historical Data

The historical data trend for Brilliant AG'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.

Brilliant AG Return-on-Tangible-Equity Chart

Brilliant AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 -3.73 -19.85 1.58 6.45

Brilliant AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 3.48 -3.73 -19.85 1.58 6.45

Competitive Comparison of Brilliant AG's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, Brilliant AG'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.


Brilliant AG's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Brilliant AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Brilliant AG Return-on-Tangible-Equity Calculation

Brilliant AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=0.895/( (13.639+14.128 )/ 2 )
=0.895/13.8835
=6.45 %

Brilliant AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=0.895/( (13.639+14.128)/ 2 )
=0.895/13.8835
=6.45 %

* 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 one times the annual (Dec. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Brilliant AG  (HAM:BAG) 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.


Brilliant AG Return-on-Tangible-Equity Related Terms

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Brilliant AG (HAM:BAG) Business Description

Traded in Other Exchanges
N/A
Address
Brilliantstrasse 1, Gnarrenburg, DEU, D-27442
The brilliant AG is national subsidiary company ofLighting company, NCL.It manufacturs Lights for the interior and external area of apartments and gardens. As a mark supplier, the enterprise with its partners leads an assortment of 8.000 lights.

Brilliant AG (HAM:BAG) Headlines

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