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Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Return-on-Tangible-Equity : 113.95% (As of Mar. 2022)


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What is Eminis 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. Eminis Ambalajnayi Ve Ticaret AS's annualized net income for the quarter that ended in Mar. 2022 was ₺20.4 Mil. Eminis Ambalajnayi Ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Mar. 2022 was ₺17.9 Mil. Therefore, Eminis Ambalajnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was 113.95%.

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

IST:EMNIS's Return-on-Tangible-Equity is not ranked *
in the Packaging & Containers industry.
Industry Median: 7.16
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

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

The historical data trend for Eminis 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.

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

Eminis Ambalajnayi Ve Ticaret AS 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 -133.33 - - Negative Tangible Equity 71.22

Eminis Ambalajnayi Ve Ticaret AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 143.89 119.56 -60.53 92.44 113.95

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

For the Packaging & Containers subindustry, Eminis 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.


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

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

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



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

Eminis Ambalajnayi Ve Ticaret AS'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 )
=8.144/( (7.267+15.602 )/ 2 )
=8.144/11.4345
=71.22 %

Eminis Ambalajnayi Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=20.428/( (15.602+20.251)/ 2 )
=20.428/17.9265
=113.95 %

* 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 (Mar. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Eminis Ambalajnayi Ve Ticaret AS  (IST:EMNIS) 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.


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

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


Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Business Description

Traded in Other Exchanges
N/A
Address
Dilovasi Organized Industrial Zone, Part 1, Kisim D-1003 Sokak No: 4, Dilovasi, Kocaeli, TUR, 41455
Eminis Ambalaj Sanayi Ve Ticaret AS manufactures metal and plastic containers. The company serves paint, chemical, food industries, Olive, Seasoning, Powder Beverage, and Cosmetic Industry. Its plastic products include industrial, round, angular and metal box.

Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Headlines

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