API Group (LSE:APIA) Return-on-Tangible-Equity : 17.71% (As of Sep. 2014)

API Group Return-on-Tangible-Equity Chart

API Group Annual Data
	Trend	Sep04	Sep05	Sep06	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14
Return-on-Tangible-Equity		Get a 7-Day Free Trial					-18.96	-18.18	37.76	32.97	27.92

API Group Semi-Annual Data
	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14
Return-on-Tangible-Equity	Get a 7-Day Free Trial															40.85	21.83	27.85	27.68	17.71

Competitive Comparison of API Group's Return-on-Tangible-Equity

For the Packaging & Containers subindustry, API Group'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.

API Group's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, API Group's Return-on-Tangible-Equity distribution charts can be found below:

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

API Group Return-on-Tangible-Equity Calculation

API Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2014 is calculated as

API Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2014 is calculated as

* 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 (Sep. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

API Group  (LSE:APIA) 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.

API Group Return-on-Tangible-Equity Related Terms

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API Group (LSE:APIA) Business Description