What is United Plantation Berhad 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. United Plantation Berhad's annualized net income for the quarter that ended in Mar. 2024 was kr773 Mil. United Plantation Berhad's average shareholder tangible equity for the quarter that ended in Mar. 2024 was kr3,695 Mil. Therefore, United Plantation Berhad's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 20.93%.
The historical rank and industry rank for United Plantation Berhad's Return-on-Tangible-Equity or its related term are showing as below:
OCSE:UPB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.07 Med: 15.53 Max: 28.59
Current: 28.49
During the past 13 years, United Plantation Berhad's highest Return-on-Tangible-Equity was 28.59%. The lowest was 12.07%. And the median was 15.53%.
OCSE:UPB's Return-on-Tangible-Equity is ranked better than 86.09% of 1790
companies
in the Consumer Packaged Goods industry
Industry Median: 7.56
vs OCSE:UPB: 28.49
United Plantation Berhad Return-on-Tangible-Equity Historical Data
The historical data trend for United Plantation Berhad'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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United Plantation Berhad Return-on-Tangible-Equity Chart
Competitive Comparison of United Plantation Berhad's Return-on-Tangible-Equity
For the Farm Products subindustry, United Plantation Berhad'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.
United Plantation Berhad's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, United Plantation Berhad's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Plantation Berhad's Return-on-Tangible-Equity falls into.
United Plantation Berhad Return-on-Tangible-Equity Calculation
United Plantation Berhad's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
United Plantation Berhad (OCSE:UPB) 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.
United Plantation Berhad Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of United Plantation Berhad's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
United Plantation Berhad (OCSE:UPB) Business Description
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.
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