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Segmen Kardesler Gida Uretim ve Ambalajnayi AS (IST:SEGMN) Return-on-Tangible-Equity : 1.18% (As of Dec. 2023)


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What is Segmen Kardesler Gida Uretim ve Ambalajnayi 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. Segmen Kardesler Gida Uretim ve Ambalajnayi AS's annualized net income for the quarter that ended in Dec. 2023 was ₺16 Mil. Segmen Kardesler Gida Uretim ve Ambalajnayi AS's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₺1,312 Mil. Therefore, Segmen Kardesler Gida Uretim ve Ambalajnayi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.18%.

The historical rank and industry rank for Segmen Kardesler Gida Uretim ve Ambalajnayi AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:SEGMN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.57   Med: 1.18   Max: 1.6
Current: 1.18

During the past 3 years, Segmen Kardesler Gida Uretim ve Ambalajnayi AS's highest Return-on-Tangible-Equity was 1.60%. The lowest was 0.57%. And the median was 1.18%.

IST:SEGMN's Return-on-Tangible-Equity is ranked worse than
73.66% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 8.05 vs IST:SEGMN: 1.18

Segmen Kardesler Gida Uretim ve Ambalajnayi AS Return-on-Tangible-Equity Historical Data

The historical data trend for Segmen Kardesler Gida Uretim ve Ambalajnayi 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.

Segmen Kardesler Gida Uretim ve Ambalajnayi AS Return-on-Tangible-Equity Chart

Segmen Kardesler Gida Uretim ve Ambalajnayi AS Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
1.60 0.57 1.18

Segmen Kardesler Gida Uretim ve Ambalajnayi AS Semi-Annual Data
Dec21 Dec22 Dec23
Return-on-Tangible-Equity 1.60 0.57 1.18

Competitive Comparison of Segmen Kardesler Gida Uretim ve Ambalajnayi AS's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Segmen Kardesler Gida Uretim ve Ambalajnayi 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.


Segmen Kardesler Gida Uretim ve Ambalajnayi AS's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Segmen Kardesler Gida Uretim ve Ambalajnayi AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Segmen Kardesler Gida Uretim ve Ambalajnayi AS's Return-on-Tangible-Equity falls into.



Segmen Kardesler Gida Uretim ve Ambalajnayi AS Return-on-Tangible-Equity Calculation

Segmen Kardesler Gida Uretim ve Ambalajnayi 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 )
=15.513/( (981.9+1642.387 )/ 2 )
=15.513/1312.1435
=1.18 %

Segmen Kardesler Gida Uretim ve Ambalajnayi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=15.513/( (981.9+1642.387)/ 2 )
=15.513/1312.1435
=1.18 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Segmen Kardesler Gida Uretim ve Ambalajnayi AS  (IST:SEGMN) 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.


Segmen Kardesler Gida Uretim ve Ambalajnayi AS Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Segmen Kardesler Gida Uretim ve Ambalajnayi AS's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Segmen Kardesler Gida Uretim ve Ambalajnayi AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Osmanl? Street No: 3, Ahi Evran OSB Mah. 1st Organized Industrial Zone, Sincan, Ankara, Turkey, TUR, 06935
Segmen Kardesler Gida Uretim ve Ambalaj Sanayi AS is engaged in producing healthy and reliable food products. The product offering of the company includes traditional jam, diabetic and sugar-free jam, honey, halva, diabetic halva, marmalades, hazelnut paste, tahini, molasses, Turkish delight, tahini molasses, spices, and legumes to the tables without adding any additives or preservatives. The company combines its traditional flavors with technology and offers its products in a healthy way.

Segmen Kardesler Gida Uretim ve Ambalajnayi AS Headlines

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