What is Fulcrum Utility Services 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. Fulcrum Utility Services's annualized net income for the quarter that ended in Mar. 2023 was £-8.89 Mil. Fulcrum Utility Services's average shareholder tangible equity for the quarter that ended in Mar. 2023 was £19.96 Mil. Therefore, Fulcrum Utility Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was -44.57%.
The historical rank and industry rank for Fulcrum Utility Services's Return-on-Tangible-Equity or its related term are showing as below:
LSE:FCRM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -107.45 Med: 22.17 Max: 633.31
Current: -107.45
During the past 13 years, Fulcrum Utility Services's highest Return-on-Tangible-Equity was 633.31%. The lowest was -107.45%. And the median was 22.17%.
LSE:FCRM's Return-on-Tangible-Equity is not ranked
in the Construction industry.
Industry Median: 7.835
vs LSE:FCRM: -107.45
Fulcrum Utility Services Return-on-Tangible-Equity Historical Data
The historical data trend for Fulcrum Utility Services'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.
Competitive Comparison of Fulcrum Utility Services's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Fulcrum Utility Services'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.
Fulcrum Utility Services's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Fulcrum Utility Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fulcrum Utility Services's Return-on-Tangible-Equity falls into.
* 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 (Mar. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Fulcrum Utility Services Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Fulcrum Utility Services's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Fulcrum Utility Services (LSE:FCRM) Business Description
Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.
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