GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kenya Orchards Ltd (NAI:ORCH) » Definitions » Return-on-Tangible-Equity

Kenya Orchards (NAI:ORCH) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 1990. Start your Free Trial

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

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

NAI:ORCH's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.33
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kenya Orchards Return-on-Tangible-Equity Historical Data

The historical data trend for Kenya Orchards'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.

Kenya Orchards Return-on-Tangible-Equity Chart

Kenya Orchards Annual Data
Trend
Return-on-Tangible-Equity

Kenya Orchards Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Kenya Orchards's Return-on-Tangible-Equity

For the Farm Products subindustry, Kenya Orchards'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.


Kenya Orchards's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kenya Orchards's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

Kenya Orchards Return-on-Tangible-Equity Calculation

Kenya Orchards'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 )
=/( (+ )/ )
=/
= %

Kenya Orchards'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.


Kenya Orchards  (NAI:ORCH) 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.


Kenya Orchards Return-on-Tangible-Equity Related Terms

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


Kenya Orchards Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
General Mathenge Drive, Adabu House, P.O.Box 52234-00200, Westlands, Nairobi, KEN
Website
Kenya Orchards Ltd is a Kenya-based company engaged in the farming sector. Its principal activities are selling processed fruits, vegetables, and other food products. The company also produces a range of spices and seasoning. Products in its bottled range include fruit jams, tomato paste, tomato sauce, maple syrup, mayonnaise, custard powder, white vinegar used as a meat tenderizer and corn starch.

Kenya Orchards Headlines

No Headlines