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Fiske (LSE:FKE) Return-on-Tangible-Equity : 17.29% (As of Dec. 2024)


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What is Fiske 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. Fiske's annualized net income for the quarter that ended in Dec. 2024 was £1.66 Mil. Fiske's average shareholder tangible equity for the quarter that ended in Dec. 2024 was £9.60 Mil. Therefore, Fiske's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 17.29%.

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

LSE:FKE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.16   Med: 2.36   Max: 13.96
Current: 13.96

During the past 13 years, Fiske's highest Return-on-Tangible-Equity was 13.96%. The lowest was -39.16%. And the median was 2.36%.

LSE:FKE's Return-on-Tangible-Equity is ranked better than
69.43% of 759 companies
in the Capital Markets industry
Industry Median: 6.27 vs LSE:FKE: 13.96

Fiske Return-on-Tangible-Equity Historical Data

The historical data trend for Fiske'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.

Fiske Return-on-Tangible-Equity Chart

Fiske Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.10 -2.00 5.08 3.63 9.95

Fiske Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.81 6.17 9.37 10.30 17.29

Competitive Comparison of Fiske's Return-on-Tangible-Equity

For the Capital Markets subindustry, Fiske'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.


Fiske's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fiske's Return-on-Tangible-Equity distribution charts can be found below:

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


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Fiske Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=0.821/( (7.273+9.237 )/ 2 )
=0.821/8.255
=9.95 %

Fiske's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=1.66/( (9.237+9.963)/ 2 )
=1.66/9.6
=17.29 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fiske  (LSE:FKE) 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.


Fiske Return-on-Tangible-Equity Related Terms

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


Fiske Business Description

Traded in Other Exchanges
N/A
Address
100 Wood Street, London, GBR, EC2V 7AN
Fiske PLC is an independent stockbroking and investment management firm. It provides financial intermediation that consists of private client and institutional stockbroking, investment management, and the provision of corporate financial advice. It also offers other stockbroking services that include ISAs, SIPPs, and Safe Custody.

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