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National Breweries (LUS:NATBREW) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is National Breweries 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. National Breweries's annualized net income for the quarter that ended in . 20 was ZMW Mil. National Breweries's average shareholder tangible equity for the quarter that ended in . 20 was ZMW Mil. Therefore, National Breweries's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

LUS:NATBREW's Return-on-Tangible-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 10.34
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

National Breweries Return-on-Tangible-Equity Historical Data

The historical data trend for National Breweries'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.

National Breweries Return-on-Tangible-Equity Chart

National Breweries Annual Data
Trend
Return-on-Tangible-Equity

National Breweries Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of National Breweries's Return-on-Tangible-Equity

For the Beverages - Brewers subindustry, National Breweries'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.


National Breweries's Return-on-Tangible-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, National Breweries's Return-on-Tangible-Equity distribution charts can be found below:

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



National Breweries Return-on-Tangible-Equity Calculation

National Breweries's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

National Breweries's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


National Breweries  (LUS:NATBREW) 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.


National Breweries Return-on-Tangible-Equity Related Terms

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


National Breweries (LUS:NATBREW) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sheki Sheki Road, Plot No. 1609/10, P O Box 35135, Lusaka, ZMB
National Breweries PLC is engaged in the business of production, packaging, distribution, and selling of traditional beverages. Its brands include Chibuku Shake Shake, Chibuku Super, Chibuku 1.5l Bottle, and Chibuku Super Extra Malt.

National Breweries (LUS:NATBREW) Headlines

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