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Haleon Pakistan (KAR:HALEON) Return-on-Tangible-Equity : 31.70% (As of Mar. 2024)


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What is Haleon Pakistan 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. Haleon Pakistan's annualized net income for the quarter that ended in Mar. 2024 was ₨2,597 Mil. Haleon Pakistan's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₨8,194 Mil. Therefore, Haleon Pakistan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 31.70%.

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

KAR:HALEON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.82   Med: 32.65   Max: 36.72
Current: 17.48

During the past 8 years, Haleon Pakistan's highest Return-on-Tangible-Equity was 36.72%. The lowest was 4.82%. And the median was 32.65%.

KAR:HALEON's Return-on-Tangible-Equity is ranked better than
76.21% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 7.73 vs KAR:HALEON: 17.48

Haleon Pakistan Return-on-Tangible-Equity Historical Data

The historical data trend for Haleon Pakistan'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.

Haleon Pakistan Return-on-Tangible-Equity Chart

Haleon Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 31.13 26.83 36.72 4.82 13.47

Haleon Pakistan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.16 0.55 17.02 19.12 31.70

Competitive Comparison of Haleon Pakistan's Return-on-Tangible-Equity

For the Household & Personal Products subindustry, Haleon Pakistan'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.


Haleon Pakistan's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Haleon Pakistan's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Haleon Pakistan's Return-on-Tangible-Equity falls into.



Haleon Pakistan Return-on-Tangible-Equity Calculation

Haleon Pakistan'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 )
=995.586/( (6914.281+7869.212 )/ 2 )
=995.586/7391.7465
=13.47 %

Haleon Pakistan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=2597.124/( (7869.212+8518.493)/ 2 )
=2597.124/8193.8525
=31.70 %

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


Haleon Pakistan  (KAR:HALEON) 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.


Haleon Pakistan Return-on-Tangible-Equity Related Terms

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


Haleon Pakistan (KAR:HALEON) Business Description

Traded in Other Exchanges
N/A
Address
HC-3, Block 4, Scheme-5, Clifton, 11-A, 11th Floor, Sky Tower (East Wing), Dolmen City, Karachi, PAK, 74000
Haleon Pakistan Ltd formerly GlaxoSmithKline Consumer Healthcare Pakistan Ltd engaged in the manufacturing, marketing, and sale of consumer healthcare products in Pakistan. The company is organized into one operating segment which is the consumer healthcare segment. It offers various products in the areas of Pain Relief, Respiratory, Oral Health, Nutrition/Gastro-Intestinal, and Skin Health. Some of its pharmaceutical brands include Sensodyne, Panadol, and others.

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