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Studio Retail Group (LSE:STU) Return-on-Tangible-Equity : 45.92% (As of Sep. 2021)


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What is Studio Retail 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. Studio Retail Group's annualized net income for the quarter that ended in Sep. 2021 was £30.9 Mil. Studio Retail Group's average shareholder tangible equity for the quarter that ended in Sep. 2021 was £67.2 Mil. Therefore, Studio Retail Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was 45.92%.

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

LSE:STU's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Studio Retail Group Return-on-Tangible-Equity Historical Data

The historical data trend for Studio Retail 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.

Studio Retail Group Return-on-Tangible-Equity Chart

Studio Retail Group Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -534.83 968.11 142.94 29.06 46.17

Studio Retail Group Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 22.70 16.54 54.62 33.59 45.92

Competitive Comparison of Studio Retail Group's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Studio Retail 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.


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

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

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



Studio Retail Group Return-on-Tangible-Equity Calculation

Studio Retail Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=21.775/( (32.159+62.157 )/ 2 )
=21.775/47.158
=46.17 %

Studio Retail Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Mar. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Mar. 2021 )(Q: Sep. 2021 )
=30.86/( (62.157+72.254)/ 2 )
=30.86/67.2055
=45.92 %

* 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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Studio Retail Group  (LSE:STU) 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.


Studio Retail Group Return-on-Tangible-Equity Related Terms

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


Studio Retail Group (LSE:STU) Business Description

Traded in Other Exchanges
N/A
Address
Henry Street, Church Bridge House, Accrington, Lancs, GBR, BB5 4EE
Studio Retail Group PLC is a merchandise supplier to the home and education sectors which basically operates with two business segments Studio and Education. Studio segment offers home and leisure items through online and catalog shopping to more than 1 million customers throughout the UK, whereas Findel Education segment acts as a supplier of resources and equipment to schools and educational establishments. Its operations are located in the United Kingdom and Asia.

Studio Retail Group (LSE:STU) Headlines

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