Security Papers (KAR:SEPL) Return-on-Tangible-Equity : 0.00% (As of . 20)

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

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

KAR:SEPL's Return-on-Tangible-Equity is not ranked ^*
in the Forest Products industry.
Industry Median: 4.09
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Security Papers Return-on-Tangible-Equity Historical Data

The historical data trend for Security Papers'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.

Security Papers Return-on-Tangible-Equity Chart

Security Papers Annual Data

Trend

Return-on-Tangible-Equity

Security Papers Quarterly Data

Return-on-Tangible-Equity

Competitive Comparison of Security Papers's Return-on-Tangible-Equity

For the Paper & Paper Products subindustry, Security Papers'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.

Security Papers's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Security Papers's Return-on-Tangible-Equity distribution charts can be found below:

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

Security Papers Return-on-Tangible-Equity Calculation

Security Papers'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Security Papers'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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.

Security Papers (KAR:SEPL) 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.

Security Papers Return-on-Tangible-Equity Related Terms

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Security Papers (KAR:SEPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Security Papers Ltd (KAR:SEPL) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinnah Avenue, Malir Halt, Karachi, SD, PAK, 75100

Website

https://www.security-papers.com

Security Papers Ltd is engaged in the business of manufacturing security paper for Banknotes and other Security Paper products such as Prize Bonds, Defense Savings Certificates, Non-Judicial Stamp Papers, Passport Papers, Cheque Book, Certificate for Educational Boards, and Degree for Universities, and Ballot Paper.

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