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Aquafil SpA (MIL:ECNL) Return-on-Tangible-Equity : -28.58% (As of Dec. 2024)


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What is Aquafil SpA 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. Aquafil SpA's annualized net income for the quarter that ended in Dec. 2024 was €-30.1 Mil. Aquafil SpA's average shareholder tangible equity for the quarter that ended in Dec. 2024 was €105.5 Mil. Therefore, Aquafil SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -28.58%.

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

MIL:ECNL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.55   Med: 10.48   Max: 24.56
Current: -16.82

During the past 9 years, Aquafil SpA's highest Return-on-Tangible-Equity was 24.56%. The lowest was -22.55%. And the median was 10.48%.

MIL:ECNL's Return-on-Tangible-Equity is ranked worse than
89.83% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.97 vs MIL:ECNL: -16.82

Aquafil SpA Return-on-Tangible-Equity Historical Data

The historical data trend for Aquafil SpA'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.

Aquafil SpA Return-on-Tangible-Equity Chart

Aquafil SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 0.60 10.48 23.14 -22.55 -14.95

Aquafil SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -35.81 -13.59 -13.25 -12.10 -28.58

Competitive Comparison of Aquafil SpA's Return-on-Tangible-Equity

For the Textile Manufacturing subindustry, Aquafil SpA'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.


Aquafil SpA's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aquafil SpA's Return-on-Tangible-Equity distribution charts can be found below:

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


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Aquafil SpA Return-on-Tangible-Equity Calculation

Aquafil SpA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-16.313/( (91.069+127.12 )/ 2 )
=-16.313/109.0945
=-14.95 %

Aquafil SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-30.136/( (83.791+127.12)/ 2 )
=-30.136/105.4555
=-28.58 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aquafil SpA  (MIL:ECNL) 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.


Aquafil SpA Return-on-Tangible-Equity Related Terms

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


Aquafil SpA Business Description

Traded in Other Exchanges
Address
Via Linfano, 9, Arco, Trento, ITA, 38062
Aquafil SpA is engaged in the business of manufacturing polyamides. It produces and sells fibers and polymers, principally polyamide 6, scale through the: BCF Product Line (carpet fibers), or synthetic yarns mainly intended for the textile flooring sector and used in contract segments (hotels, airports, offices, etc.), residential buildings and the automotive market; NTF Product Line (clothing fibers), or synthetic yarns mainly intended for the clothing sector (sportswear, classic, technical or specialist apparel); Polymers Product Line, or plastic raw materials, mainly targeting the engineering plastics sector for subsequent use in the molding industry. Its products are also sold on the market under the ECONYL brand.

Aquafil SpA Headlines

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