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H E S Beheer NV (LTS:0OOB) Return-on-Tangible-Equity : 14.02% (As of Jun. 2014)


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What is H E S Beheer NV 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. H E S Beheer NV's annualized net income for the quarter that ended in Jun. 2014 was €18.6 Mil. H E S Beheer NV's average shareholder tangible equity for the quarter that ended in Jun. 2014 was €132.7 Mil. Therefore, H E S Beheer NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 was 14.02%.

The historical rank and industry rank for H E S Beheer NV's Return-on-Tangible-Equity or its related term are showing as below:

LTS:0OOB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.86   Med: 23.25   Max: 44.02
Current: 9.37

During the past 12 years, H E S Beheer NV's highest Return-on-Tangible-Equity was 44.02%. The lowest was 8.86%. And the median was 23.25%.

LTS:0OOB's Return-on-Tangible-Equity is not ranked
in the Transportation industry.
Industry Median: 9.67 vs LTS:0OOB: 9.37

H E S Beheer NV Return-on-Tangible-Equity Historical Data

The historical data trend for H E S Beheer NV'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.

H E S Beheer NV Return-on-Tangible-Equity Chart

H E S Beheer NV Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.64 25.70 25.11 23.35 19.90

H E S Beheer NV Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.94 25.25 38.11 4.16 14.02

Competitive Comparison of H E S Beheer NV's Return-on-Tangible-Equity

For the Integrated Freight & Logistics subindustry, H E S Beheer NV'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.


H E S Beheer NV's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, H E S Beheer NV's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where H E S Beheer NV's Return-on-Tangible-Equity falls into.



H E S Beheer NV Return-on-Tangible-Equity Calculation

H E S Beheer NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=24.3/( (116.441+127.789 )/ 2 )
=24.3/122.115
=19.90 %

H E S Beheer NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=18.6/( (127.789+137.6)/ 2 )
=18.6/132.6945
=14.02 %

* 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 (Jun. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


H E S Beheer NV  (LTS:0OOB) 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.


H E S Beheer NV Return-on-Tangible-Equity Related Terms

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H E S Beheer NV (LTS:0OOB) Business Description

Traded in Other Exchanges
N/A
Address
H.E.S. Beheer NV was formed in 1908. It is a holding company for independent subsidiaries and associated companies which provide logistic services in ports. The core activity is stevedoring, involving the loading and unloading of dry and liquid bulk products into and from seagoing vessels, coasters, lighters, trains and trucks and large-scale open-air and covered storage. Most of these bulk products are destined for industrial end-users, mainly as raw materials for the energy market, the steel and aluminium industry and the food industry. The Company is also active in the UK. One of the associates has establishments in several countries, including France, Germany, Belgium and Poland. The core activities of this company are stevedoring and inland shipping.

H E S Beheer NV (LTS:0OOB) Headlines

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