GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Union de Cervecerias Peruanas Backus & Johnston SA (LIM:BACKUAC1) » Definitions » Return-on-Tangible-Equity

Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUAC1) Return-on-Tangible-Equity : 118.59% (As of Dec. 2018)


View and export this data going back to 1997. Start your Free Trial

What is Union de Cervecerias Peruanas Backus & Johnston 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. Union de Cervecerias Peruanas Backus & Johnston's annualized net income for the quarter that ended in Dec. 2018 was S/.1,819 Mil. Union de Cervecerias Peruanas Backus & Johnston's average shareholder tangible equity for the quarter that ended in Dec. 2018 was S/.1,534 Mil. Therefore, Union de Cervecerias Peruanas Backus & Johnston's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was 118.59%.

The historical rank and industry rank for Union de Cervecerias Peruanas Backus & Johnston's Return-on-Tangible-Equity or its related term are showing as below:

LIM:BACKUAC1's Return-on-Tangible-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 10.11
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Union de Cervecerias Peruanas Backus & Johnston Return-on-Tangible-Equity Historical Data

The historical data trend for Union de Cervecerias Peruanas Backus & Johnston'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.

Union de Cervecerias Peruanas Backus & Johnston Return-on-Tangible-Equity Chart

Union de Cervecerias Peruanas Backus & Johnston Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.78 87.36 57.76 106.29 118.59

Union de Cervecerias Peruanas Backus & Johnston Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 72.78 87.36 57.76 106.29 118.59

Competitive Comparison of Union de Cervecerias Peruanas Backus & Johnston's Return-on-Tangible-Equity

For the Beverages - Brewers subindustry, Union de Cervecerias Peruanas Backus & Johnston'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.


Union de Cervecerias Peruanas Backus & Johnston's Return-on-Tangible-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Union de Cervecerias Peruanas Backus & Johnston's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Union de Cervecerias Peruanas Backus & Johnston's Return-on-Tangible-Equity falls into.



Union de Cervecerias Peruanas Backus & Johnston Return-on-Tangible-Equity Calculation

Union de Cervecerias Peruanas Backus & Johnston's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=1819.241/( (1385.538+1682.704 )/ 2 )
=1819.241/1534.121
=118.59 %

Union de Cervecerias Peruanas Backus & Johnston's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=1819.241/( (1385.538+1682.704)/ 2 )
=1819.241/1534.121
=118.59 %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Union de Cervecerias Peruanas Backus & Johnston  (LIM:BACKUAC1) 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.


Union de Cervecerias Peruanas Backus & Johnston Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Union de Cervecerias Peruanas Backus & Johnston's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUAC1) Business Description

Traded in Other Exchanges
N/A
Address
Av. Nicolas Ayllon Number 3986, Ate, Lima, PER
Union de Cervecerias Peruanas Backus & Johnston SA produces, sells and distributes malt liquors and malt soft drinks and carbonated water. The company operates domestically. It provides products under the Crystal, Pilsen Callao, Cusquena, Backus Ice, Pilsen Trujillo, Arequipa, San Juan, Real Fiesta, Abraxas, Miller Genuine Draft, Peroni Nastro Azzurro, Grolsch, Saint Matthew, Guarana Backus, Maltin Power, Viva Backus, and Water Tonic Backus brands.

Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUAC1) Headlines

No Headlines