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RBM Infracon (NSE:RBMINFRA) Return-on-Tangible-Equity : 18.49% (As of Mar. 2023)


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What is RBM Infracon 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. RBM Infracon's annualized net income for the quarter that ended in Mar. 2023 was ₹22.1 Mil. RBM Infracon's average shareholder tangible equity for the quarter that ended in Mar. 2023 was ₹119.6 Mil. Therefore, RBM Infracon's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was 18.49%.

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

NSE:RBMINFRA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.57   Med: 8.13   Max: 35.91
Current: 18.49

During the past 4 years, RBM Infracon's highest Return-on-Tangible-Equity was 35.91%. The lowest was -26.57%. And the median was 8.13%.

NSE:RBMINFRA's Return-on-Tangible-Equity is ranked better than
75.22% of 1598 companies
in the Construction industry
Industry Median: 7.88 vs NSE:RBMINFRA: 18.49

RBM Infracon Return-on-Tangible-Equity Historical Data

The historical data trend for RBM Infracon'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.

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RBM Infracon Return-on-Tangible-Equity Chart

RBM Infracon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
-2.23 -26.57 35.91 18.49

RBM Infracon Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity -2.23 -26.57 35.91 18.49

Competitive Comparison of RBM Infracon's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, RBM Infracon'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.


RBM Infracon's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, RBM Infracon's Return-on-Tangible-Equity distribution charts can be found below:

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



RBM Infracon Return-on-Tangible-Equity Calculation

RBM Infracon's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=22.115/( (66.829+172.382 )/ 2 )
=22.115/119.6055
=18.49 %

RBM Infracon's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=22.115/( (66.829+172.382)/ 2 )
=22.115/119.6055
=18.49 %

* 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 (Mar. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


RBM Infracon  (NSE:RBMINFRA) 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.


RBM Infracon Return-on-Tangible-Equity Related Terms

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RBM Infracon (NSE:RBMINFRA) Business Description

Traded in Other Exchanges
N/A
Address
C/O Rahul Mani Tripathi Mb Complex, Main Road, Baitalpur, UP, IND, 274201
RBM Infracon Ltd is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers. The company is involved in ARC (Annual Rate Contracts) Mechanical job (Static +Rotary) at Nayara in different plant like crude Crude ( CDU-VDU) , DHDS, FCCU, NHT-CCR, HMU-I & II , VGO -DHDT-ISOM , CPP ( Boiler , Piping HT job with IBR coordination ) , DCU( Coker) Utility , Off site , RTF (Pit area) dispatch , Rail and Jetty with around 650 Manpower and also involve in ARC maintenance job in RIL-Jamnagar and YARA-Babrala.

RBM Infracon (NSE:RBMINFRA) Headlines

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