GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bak Ambalaj Sanayi Ve Ticaret AS (IST:BAKAB) » Definitions » Return-on-Tangible-Equity

Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Return-on-Tangible-Equity : -16.64% (As of Sep. 2024)


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What is Bak Ambalajnayi Ve Ticaret AS 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. Bak Ambalajnayi Ve Ticaret AS's annualized net income for the quarter that ended in Sep. 2024 was ₺-362 Mil. Bak Ambalajnayi Ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₺2,177 Mil. Therefore, Bak Ambalajnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -16.64%.

The historical rank and industry rank for Bak Ambalajnayi Ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:BAKAB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.43   Med: 11.21   Max: 28.4
Current: -5.43

During the past 13 years, Bak Ambalajnayi Ve Ticaret AS's highest Return-on-Tangible-Equity was 28.40%. The lowest was -5.43%. And the median was 11.21%.

IST:BAKAB's Return-on-Tangible-Equity is ranked worse than
87.21% of 391 companies
in the Packaging & Containers industry
Industry Median: 6.26 vs IST:BAKAB: -5.43

Bak Ambalajnayi Ve Ticaret AS Return-on-Tangible-Equity Historical Data

The historical data trend for Bak Ambalajnayi Ve Ticaret AS'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.

Bak Ambalajnayi Ve Ticaret AS Return-on-Tangible-Equity Chart

Bak Ambalajnayi Ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.95 15.50 28.40 13.01 2.27

Bak Ambalajnayi Ve Ticaret AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.16 18.03 5.30 -24.34 -16.64

Competitive Comparison of Bak Ambalajnayi Ve Ticaret AS's Return-on-Tangible-Equity

For the Packaging & Containers subindustry, Bak Ambalajnayi Ve Ticaret AS'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.


Bak Ambalajnayi Ve Ticaret AS's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bak Ambalajnayi Ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bak Ambalajnayi Ve Ticaret AS's Return-on-Tangible-Equity falls into.



Bak Ambalajnayi Ve Ticaret AS Return-on-Tangible-Equity Calculation

Bak Ambalajnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=37.793/( (1525.616+1799.828 )/ 2 )
=37.793/1662.722
=2.27 %

Bak Ambalajnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-362.332/( (2127.016+2226.873)/ 2 )
=-362.332/2176.9445
=-16.64 %

* 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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bak Ambalajnayi Ve Ticaret AS  (IST:BAKAB) 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.


Bak Ambalajnayi Ve Ticaret AS Return-on-Tangible-Equity Related Terms

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Bak Ambalajnayi Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
AOSB 10002, Sokak Number 45, Cigli, Izmir, TUR, 35620
Bak Ambalaj Sanayi Ve Ticaret AS is a Turkey-based company involved in the manufacturing of packaging products including unprinted, printed and laminated flexible packaging. The products offerings of the company include Snack Foods Packaging, Biscuits Packaging, Sugar and Chocolate Confectionary, Bread and Fresh Food Packaging, Instant Food & Drinks and Other Product Packaging.

Bak Ambalajnayi Ve Ticaret AS Headlines

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