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EAG-Beteiligungs AG (LTS:0LD4) Return-on-Tangible-Equity : -471.07% (As of Mar. 2008)


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What is EAG-Beteiligungs AG 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. EAG-Beteiligungs AG's annualized net income for the quarter that ended in Mar. 2008 was £-35.64 Mil. EAG-Beteiligungs AG's average shareholder tangible equity for the quarter that ended in Mar. 2008 was £7.57 Mil. Therefore, EAG-Beteiligungs AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2008 was -471.07%.

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

LTS:0LD4's Return-on-Tangible-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.36
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

EAG-Beteiligungs AG Return-on-Tangible-Equity Historical Data

The historical data trend for EAG-Beteiligungs AG'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.

EAG-Beteiligungs AG Return-on-Tangible-Equity Chart

EAG-Beteiligungs AG Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08
Return-on-Tangible-Equity
Get a 7-Day Free Trial 19.42 - - 4.23 -471.07

EAG-Beteiligungs AG Semi-Annual Data
Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08
Return-on-Tangible-Equity Get a 7-Day Free Trial 19.42 - - 4.23 -471.07

Competitive Comparison of EAG-Beteiligungs AG's Return-on-Tangible-Equity

For the Auto Parts subindustry, EAG-Beteiligungs AG'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.


EAG-Beteiligungs AG's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EAG-Beteiligungs AG's Return-on-Tangible-Equity distribution charts can be found below:

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



EAG-Beteiligungs AG Return-on-Tangible-Equity Calculation

EAG-Beteiligungs AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2008 )  (A: Mar. 2007 )(A: Mar. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2008 )  (A: Mar. 2007 )(A: Mar. 2008 )
=-35.639/( (23.022+-7.891 )/ 2 )
=-35.639/7.5655
=-471.07 %

EAG-Beteiligungs AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2008 )  (Q: Mar. 2007 )(Q: Mar. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2008 )  (Q: Mar. 2007 )(Q: Mar. 2008 )
=-35.639/( (23.022+-7.891)/ 2 )
=-35.639/7.5655
=-471.07 %

* 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 one times the annual (Mar. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


EAG-Beteiligungs AG  (LTS:0LD4) 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.


EAG-Beteiligungs AG Return-on-Tangible-Equity Related Terms

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EAG-Beteiligungs AG (LTS:0LD4) Business Description

Traded in Other Exchanges
N/A
Address
EAG-Beteiligungs AG together with its subsidiaries, engages in the manufacture and processing of fabrics and components for the automobile industry. The company produces fabrics, which are used in the manufacture of seat covers, seat cheeks etc.

EAG-Beteiligungs AG (LTS:0LD4) Headlines

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