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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Return-on-Tangible-Equity : -11.89% (As of Dec. 2013)


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What is Kent Gida Maddelerinayii 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. Kent Gida Maddelerinayii Ve Ticaret AS's annualized net income for the quarter that ended in Dec. 2013 was ₺-36.9 Mil. Kent Gida Maddelerinayii Ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Dec. 2013 was ₺310.2 Mil. Therefore, Kent Gida Maddelerinayii Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 was -11.89%.

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

IST:KENT's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kent Gida Maddelerinayii Ve Ticaret AS Return-on-Tangible-Equity Historical Data

The historical data trend for Kent Gida Maddelerinayii 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.

Kent Gida Maddelerinayii Ve Ticaret AS Return-on-Tangible-Equity Chart

Kent Gida Maddelerinayii Ve Ticaret AS Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 -8.27 1.97 5.37 -4.99

Kent Gida Maddelerinayii Ve Ticaret AS Quarterly Data
Dec02 Dec03 Dec04 Sep07 Dec07 Sep08 Dec08 Dec09 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Sep13 Dec13
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 -6.89 -24.87 -12.92 -16.12 -11.89

Competitive Comparison of Kent Gida Maddelerinayii Ve Ticaret AS's Return-on-Tangible-Equity

For the Confectioners subindustry, Kent Gida Maddelerinayii 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.


Kent Gida Maddelerinayii Ve Ticaret AS's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kent Gida Maddelerinayii Ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

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



Kent Gida Maddelerinayii Ve Ticaret AS Return-on-Tangible-Equity Calculation

Kent Gida Maddelerinayii Ve Ticaret AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-15.667/( (322.374+306.059 )/ 2 )
=-15.667/314.2165
=-4.99 %

Kent Gida Maddelerinayii Ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2013 )  (Q: Sep. 2013 )(Q: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2013 )  (Q: Sep. 2013 )(Q: Dec. 2013 )
=-36.88/( (314.241+306.059)/ 2 )
=-36.88/310.15
=-11.89 %

* 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. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kent Gida Maddelerinayii Ve Ticaret AS  (IST:KENT) 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.


Kent Gida Maddelerinayii Ve Ticaret AS Return-on-Tangible-Equity Related Terms

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


Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah 2253, Sokak No.11, Gebze, Kocaeli, Istanbul, TUR, 41400
Kent Gida Maddeleri Sanayii Ve Ticaret AS operates as a confectionery company. It produces as well as sells candy, chewing gums and chocolates, coffee, salty cookies and powdered beverages. The products of the company are offered under various brands such as Barni, Bubblicious, Milka, Toblerone, Bonibon, tofita, Olips, poptip, and others. Geographically the operations are carried out through Turkey.

Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Headlines

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