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Staples (LTS:0R27) Return-on-Tangible-Equity : 11.49% (As of Jul. 2017)


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What is Staples 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. Staples's annualized net income for the quarter that ended in Jul. 2017 was $220.00 Mil. Staples's average shareholder tangible equity for the quarter that ended in Jul. 2017 was $1,915.00 Mil. Therefore, Staples's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2017 was 11.49%.

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

LTS:0R27' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -71.22   Med: 26.42   Max: 46.31
Current: -71.22

During the past 13 years, Staples's highest Return-on-Tangible-Equity was 46.31%. The lowest was -71.22%. And the median was 26.42%.

LTS:0R27's Return-on-Tangible-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.055 vs LTS:0R27: -71.22

Staples Return-on-Tangible-Equity Historical Data

The historical data trend for Staples'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.

Staples Return-on-Tangible-Equity Chart

Staples Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.25 24.61 5.62 14.04 -56.47

Staples Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 -126.27 30.22 -164.56 -159.30 11.49

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

For the Specialty Retail subindustry, Staples'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.


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

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

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



Staples Return-on-Tangible-Equity Calculation

Staples's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2017 )  (A: Jan. 2016 )(A: Jan. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2017 )  (A: Jan. 2016 )(A: Jan. 2017 )
=-1497/( (3109+2193 )/ 2 )
=-1497/2651
=-56.47 %

Staples's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2017 )  (Q: Apr. 2017 )(Q: Jul. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2017 )  (Q: Apr. 2017 )(Q: Jul. 2017 )
=220/( (1900+1930)/ 2 )
=220/1915
=11.49 %

* 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 four times the quarterly (Jul. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Staples  (LTS:0R27) 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.


Staples Return-on-Tangible-Equity Related Terms

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


Staples (LTS:0R27) Business Description

Traded in Other Exchanges
N/A
Address
Staples is an American retailer with online and delivery capabilities. Staples offers products in categories: technology, facilities and breakroom, furniture, safety, medical, copy and print, and Staples EasyTech services. Staples operates throughout North and South America, Europe, Asia, Australia, and New Zealand. The company divides its business into three segments: North American stores and online, North American commercial, and international operations. The product offering includes Staples, Quill, and other proprietary branded products. Staples' product price points are generally low.

Staples (LTS:0R27) Headlines

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