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Dewan Automotive Engineering (KAR:DWAE) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Dewan Automotive Engineering 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. Dewan Automotive Engineering's annualized net income for the quarter that ended in . 20 was ₨ Mil. Dewan Automotive Engineering's average shareholder tangible equity for the quarter that ended in . 20 was ₨ Mil. Therefore, Dewan Automotive Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

KAR:DWAE's Return-on-Tangible-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.51
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Dewan Automotive Engineering Return-on-Tangible-Equity Historical Data

The historical data trend for Dewan Automotive Engineering'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.

Dewan Automotive Engineering Return-on-Tangible-Equity Chart

Dewan Automotive Engineering Annual Data
Trend
Return-on-Tangible-Equity

Dewan Automotive Engineering Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Dewan Automotive Engineering's Return-on-Tangible-Equity

For the Auto Manufacturers subindustry, Dewan Automotive Engineering'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.


Dewan Automotive Engineering's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dewan Automotive Engineering's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dewan Automotive Engineering's Return-on-Tangible-Equity falls into.



Dewan Automotive Engineering Return-on-Tangible-Equity Calculation

Dewan Automotive Engineering's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Dewan Automotive Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Dewan Automotive Engineering  (KAR:DWAE) 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.


Dewan Automotive Engineering Return-on-Tangible-Equity Related Terms

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Dewan Automotive Engineering (KAR:DWAE) Business Description

Traded in Other Exchanges
N/A
Address
3-A Lalazar Beach Luxury Hotel Road, Dewan Centre, Karachi, SD, PAK, 75350
Dewan Automotive Engineering Ltd is a Pakistan-based company that engages in the manufacturing and sale of tractors, light commercial vehicles, and motorcycles and related parts. It also trades in and manufactures related parts and implements. Geographically, it operates within Pakistan.

Dewan Automotive Engineering (KAR:DWAE) Headlines

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