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Formuepleje Optimum A/S (OCSE:FPOPT) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Formuepleje Optimum A/S 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. Formuepleje Optimum A/S's annualized net income for the quarter that ended in . 20 was kr Mil. Formuepleje Optimum A/S's average shareholder tangible equity for the quarter that ended in . 20 was kr Mil. Therefore, Formuepleje Optimum A/S's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Formuepleje Optimum A/S's Return-on-Tangible-Equity or its related term are showing as below:

OCSE:FPOPT's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 4.98
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Formuepleje Optimum A/S Return-on-Tangible-Equity Historical Data

The historical data trend for Formuepleje Optimum A/S'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.

Formuepleje Optimum A/S Return-on-Tangible-Equity Chart

Formuepleje Optimum A/S Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Return-on-Tangible-Equity
Get a 7-Day Free Trial -4.92 12.68 4.25 4.62 6.76

Formuepleje Optimum A/S Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Formuepleje Optimum A/S's Return-on-Tangible-Equity

For the Asset Management subindustry, Formuepleje Optimum A/S'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.


Formuepleje Optimum A/S's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Formuepleje Optimum A/S's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Formuepleje Optimum A/S's Return-on-Tangible-Equity falls into.



Formuepleje Optimum A/S Return-on-Tangible-Equity Calculation

Formuepleje Optimum A/S's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2013 )  (A: Jun. 2012 )(A: Jun. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2013 )  (A: Jun. 2012 )(A: Jun. 2013 )
=33.103/( (546.876+432.118 )/ 2 )
=33.103/489.497
=6.76 %

Formuepleje Optimum A/S'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 four times the quarterly (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Formuepleje Optimum A/S  (OCSE:FPOPT) 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.


Formuepleje Optimum A/S Return-on-Tangible-Equity Related Terms

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Formuepleje Optimum A/S (OCSE:FPOPT) Business Description

Traded in Other Exchanges
N/A
Address
Formuepleje Optimum A/S makes investments in Danish bonds and stocks and in international companies. Formuepleje Penta A/S is a division of Formuepleje A/S, an investment association based in Denmark.

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