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J D W Sugar Mills (KAR:JDWS) Return-on-Tangible-Equity : 101.94% (As of Dec. 2023)


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What is J D W Sugar Mills 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. J D W Sugar Mills's annualized net income for the quarter that ended in Dec. 2023 was ₨21,370 Mil. J D W Sugar Mills's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₨20,964 Mil. Therefore, J D W Sugar Mills's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 101.94%.

The historical rank and industry rank for J D W Sugar Mills's Return-on-Tangible-Equity or its related term are showing as below:

KAR:JDWS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.21   Med: 21.26   Max: 41.57
Current: 41.57

During the past 13 years, J D W Sugar Mills's highest Return-on-Tangible-Equity was 41.57%. The lowest was -9.21%. And the median was 21.26%.

KAR:JDWS's Return-on-Tangible-Equity is ranked better than
90.82% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 7.45 vs KAR:JDWS: 41.57

J D W Sugar Mills Return-on-Tangible-Equity Historical Data

The historical data trend for J D W Sugar Mills'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.

J D W Sugar Mills Return-on-Tangible-Equity Chart

J D W Sugar Mills Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.95 15.24 35.34 25.76 17.45

J D W Sugar Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.43 19.95 11.96 26.23 101.94

Competitive Comparison of J D W Sugar Mills's Return-on-Tangible-Equity

For the Confectioners subindustry, J D W Sugar Mills'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.


J D W Sugar Mills's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, J D W Sugar Mills's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where J D W Sugar Mills's Return-on-Tangible-Equity falls into.



J D W Sugar Mills Return-on-Tangible-Equity Calculation

J D W Sugar Mills's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=3183.216/( (18187.062+18292.549 )/ 2 )
=3183.216/18239.8055
=17.45 %

J D W Sugar Mills'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=21369.66/( (18292.549+23635.305)/ 2 )
=21369.66/20963.927
=101.94 %

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


J D W Sugar Mills  (KAR:JDWS) 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.


J D W Sugar Mills Return-on-Tangible-Equity Related Terms

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J D W Sugar Mills (KAR:JDWS) Business Description

Traded in Other Exchanges
N/A
Address
17 - Abid Majeed Road, Lahore Cantonment, Lahore, PB, PAK
J D W Sugar Mills Ltd engages in the manufacturing and sale of crystalline sugar, Rlectricity and managing Corporate Farms.. The company's operating segments include Sugar; Co-Generation Power; Corporate Farms and others. It generates maximum revenue from the Sugar segment. The Sugar segment is engaged in the production and sale of crystalline sugar and other related joint and by-products. Its Co-Generation Power segment includes the generation and sale of electricity to CPPA-G. The Corporate Farms segment includes managing corporate farms for the cultivation of sugarcane and a small number of other crops. The other segment involves Project under construction for manufacture / generation and sale of ethanol and energy. However, operation of paper pulp classified as disposal group.

J D W Sugar Mills (KAR:JDWS) Headlines

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