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. UTair Aviation JSC's annualized net income for the quarter that ended in Jun. 2023 was ₽-3,670 Mil. UTair Aviation JSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₽17,861 Mil. Therefore, UTair Aviation JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -20.55%.
The historical rank and industry rank for UTair Aviation JSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:UTAR's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 8.985 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
UTair Aviation JSC Return-on-Tangible-Equity Related Terms
UTair Aviation JSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for UTair Aviation JSC'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.
MIC:UTAR vs DAL, LUV, UAL: Return-on-Tangible-Equity Comparison
For the Airlines subindustry, UTair Aviation JSC'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.
UTair Aviation JSC Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, UTair Aviation JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where UTair Aviation JSC's Return-on-Tangible-Equity falls into.
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -20.55% mean?
UTair Aviation JSC (MIC:UTAR) has a Return-on-Tangible-Equity of -20.55% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on UTair Aviation JSC and its competitors.
Is UTair Aviation JSC's Return-on-Tangible-Equity too high?
UTair Aviation JSC's current Return-on-Tangible-Equity is -20.55%. Overall, UTair Aviation JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does UTair Aviation JSC's Return-on-Tangible-Equity compare to DAL and LUV?
UTair Aviation JSC's Return-on-Tangible-Equity of -20.55% can be compared against companies in the Transportation industry. The industry median Return-on-Tangible-Equity is 8.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on UTair Aviation JSC and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UTair Aviation JSC's current Return-on-Tangible-Equity is -20.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTair Aviation JSC stock overvalued right now?
UTair Aviation JSC (MIC:UTAR) has a current Return-on-Tangible-Equity of -20.55%. The current Return-on-Tangible-Equity is -20.55%. UTair Aviation JSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For UTair Aviation JSC (MIC:UTAR), the current Return-on-Tangible-Equity is -20.55% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
UTair Aviation JSC is engaged in the business of passenger and cargo transportation using airplane and helicopter services. It serves primarily Russian oil and gas companies and the United Nations Organisation (UN) outside Russia and offers services such as air transportation, catering, airport services, aircraft repairs, and aeronautical personnel training. UTair operates more than 400 aircraft and its operation is performed in Russia, CIS, and non-CIS countries.
17GF Score
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