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Frasers Group (LSE:FRAS) Return-on-Tangible-Equity : 16.27% (As of Oct. 2024)


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What is Frasers Group 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. Frasers Group's annualized net income for the quarter that ended in Oct. 2024 was £311 Mil. Frasers Group's average shareholder tangible equity for the quarter that ended in Oct. 2024 was £1,909 Mil. Therefore, Frasers Group's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 was 16.27%.

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

LSE:FRAS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.56   Med: 21.44   Max: 35.42
Current: 16.5

During the past 13 years, Frasers Group's highest Return-on-Tangible-Equity was 35.42%. The lowest was -7.56%. And the median was 21.44%.

LSE:FRAS's Return-on-Tangible-Equity is ranked better than
71.18% of 1041 companies
in the Retail - Cyclical industry
Industry Median: 7.55 vs LSE:FRAS: 16.50

Frasers Group Return-on-Tangible-Equity Historical Data

The historical data trend for Frasers Group'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.

Frasers Group Return-on-Tangible-Equity Chart

Frasers Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.46 -7.56 22.26 35.42 22.36

Frasers Group 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 31.90 43.31 28.60 16.88 16.27

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

For the Specialty Retail subindustry, Frasers 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.


Frasers Group's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Frasers Group's Return-on-Tangible-Equity distribution charts can be found below:

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


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Frasers Group Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=380.8/( (1604.1+1802.6 )/ 2 )
=380.8/1703.35
=22.36 %

Frasers Group'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 )
=310.6/( (1802.6+2016)/ 2 )
=310.6/1909.3
=16.27 %

* 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.


Frasers Group  (LSE:FRAS) 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.


Frasers Group Return-on-Tangible-Equity Related Terms

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


Frasers Group Business Description

Traded in Other Exchanges
Address
Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The diversified portfolio, consists of brands such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias. The company has five segments five operating segments: UK Sports, Premium Lifestyle, International, Property and Financial Services. It operates stores in the United Kingdom, Europe, Asia, Oceania and USA.

Frasers Group Headlines

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