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AGF AS (OCSE:AGF B) Return-on-Tangible-Equity : 16.54% (As of Dec. 2024)


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What is AGF AS 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. AGF AS's annualized net income for the quarter that ended in Dec. 2024 was kr27.4 Mil. AGF AS's average shareholder tangible equity for the quarter that ended in Dec. 2024 was kr165.5 Mil. Therefore, AGF AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 16.54%.

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

OCSE:AGF B' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -140.05   Med: 18.08   Max: 42.01
Current: 3.5

During the past 13 years, AGF AS's highest Return-on-Tangible-Equity was 42.01%. The lowest was -140.05%. And the median was 18.08%.

OCSE:AGF B's Return-on-Tangible-Equity is ranked worse than
52.03% of 888 companies
in the Media - Diversified industry
Industry Median: 3.98 vs OCSE:AGF B: 3.50

AGF AS Return-on-Tangible-Equity Historical Data

The historical data trend for AGF AS'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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AGF AS Return-on-Tangible-Equity Chart

AGF AS Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.58 39.91 12.57 27.53 42.01

AGF AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 52.04 21.65 93.31 -8.79 16.54

Competitive Comparison of AGF AS's Return-on-Tangible-Equity

For the Entertainment subindustry, AGF AS'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.


AGF AS's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AGF AS's Return-on-Tangible-Equity distribution charts can be found below:

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


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AGF AS Return-on-Tangible-Equity Calculation

AGF AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=60.431/( (113.822+173.908 )/ 2 )
=60.431/143.865
=42.01 %

AGF AS'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=27.38/( (173.908+157.111)/ 2 )
=27.38/165.5095
=16.54 %

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


AGF AS  (OCSE:AGF B) 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.


AGF AS Return-on-Tangible-Equity Related Terms

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


AGF AS Business Description

Traded in Other Exchanges
N/A
Address
Stadion Alle 70, Aarhus, DNK, 8000
AGF AS through its subsidiaries is engaged in professional sports activities. The Company is active in two business segments namely AGF Football which includes the operation of AGF's football team, youth team and Esport; Ceres Park and Arena which includes the operation of the Ceres Park and Arena sports and event facility.

AGF AS Headlines

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