What is Koninklijke Ahold Delhaize 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. Koninklijke Ahold Delhaize NV's annualized net income for the quarter that ended in Mar. 2024 was €2,052 Mil. Koninklijke Ahold Delhaize NV's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €1,913 Mil. Therefore, Koninklijke Ahold Delhaize NV's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 107.29%.
The historical rank and industry rank for Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity or its related term are showing as below:
MIL:1AD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.78 Med: 71.94 Max: 247.22
Current: 88.03
During the past 13 years, Koninklijke Ahold Delhaize NV's highest Return-on-Tangible-Equity was 247.22%. The lowest was 14.78%. And the median was 71.94%.
MIL:1AD's Return-on-Tangible-Equity is ranked better than 88.93% of 298
companies
in the Retail - Defensive industry
Industry Median: 12.17
vs MIL:1AD: 88.03
Koninklijke Ahold Delhaize NV Return-on-Tangible-Equity Historical Data
* 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.
Competitive Comparison of Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity
For the Grocery Stores subindustry, Koninklijke Ahold Delhaize 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.
Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Koninklijke Ahold Delhaize NV'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 four times the quarterly (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Koninklijke Ahold Delhaize NV Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Koninklijke Ahold Delhaize NV (MIL:1AD) Business Description
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.
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