GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AFC Energy PLC (LSE:AFC) » Definitions » Return-on-Tangible-Equity

AFC Energy (LSE:AFC) Return-on-Tangible-Equity : -77.57% (As of Oct. 2024)


View and export this data going back to 2007. Start your Free Trial

What is AFC Energy 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. AFC Energy's annualized net income for the quarter that ended in Oct. 2024 was £-18.20 Mil. AFC Energy's average shareholder tangible equity for the quarter that ended in Oct. 2024 was £23.46 Mil. Therefore, AFC Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 was -77.57%.

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

LSE:AFC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -115.02   Med: -63.7   Max: -20.52
Current: -67.21

During the past 13 years, AFC Energy's highest Return-on-Tangible-Equity was -20.52%. The lowest was -115.02%. And the median was -63.70%.

LSE:AFC's Return-on-Tangible-Equity is ranked worse than
95.46% of 2932 companies
in the Industrial Products industry
Industry Median: 6.75 vs LSE:AFC: -67.21

AFC Energy Return-on-Tangible-Equity Historical Data

The historical data trend for AFC Energy'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.

AFC Energy Return-on-Tangible-Equity Chart

AFC Energy Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.49 -20.52 -31.46 -45.84 -61.70

AFC Energy Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -35.72 -28.77 -62.07 -63.85 -77.57

Competitive Comparison of AFC Energy's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, AFC Energy'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.


AFC Energy's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AFC Energy's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

AFC Energy Return-on-Tangible-Equity Calculation

AFC Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=-17.419/( (30.821+25.642 )/ 2 )
=-17.419/28.2315
=-61.70 %

AFC Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=-18.202/( (21.287+25.642)/ 2 )
=-18.202/23.4645
=-77.57 %

* 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 two times the semi-annual (Oct. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AFC Energy  (LSE:AFC) 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.


AFC Energy Return-on-Tangible-Equity Related Terms

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


AFC Energy Business Description

Traded in Other Exchanges
Address
Unit 71.4 Dunsfold Park, Stovolds Hill, Cranleigh, Surrey, GBR, GU6 8TB
AFC Energy PLC is a provider of hydrogen fuel cell power systems to generate clean energy in support of the energy transition. The company's scalable systems provide off-grid, zero-emission power that is already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications. it is also working with its partners in the deployment of products for the Maritime, Ports, Data Centers, and Rail industries, emphasizing the central role of its technology in the decarbonization of industry.