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Festi hf (OISE:FESTI) Return-on-Tangible-Equity : 6.79% (As of Mar. 2025)


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What is Festi hf 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. Festi hf's annualized net income for the quarter that ended in Mar. 2025 was kr1,117 Mil. Festi hf's average shareholder tangible equity for the quarter that ended in Mar. 2025 was kr16,439 Mil. Therefore, Festi hf's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 6.79%.

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

OISE:FESTI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.12   Med: 23.21   Max: 40.36
Current: 25.62

During the past 13 years, Festi hf's highest Return-on-Tangible-Equity was 40.36%. The lowest was 16.12%. And the median was 23.21%.

OISE:FESTI's Return-on-Tangible-Equity is ranked better than
80.29% of 1045 companies
in the Retail - Cyclical industry
Industry Median: 7.41 vs OISE:FESTI: 25.62

Festi hf Return-on-Tangible-Equity Historical Data

The historical data trend for Festi hf'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.

Festi hf Return-on-Tangible-Equity Chart

Festi hf Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.54 40.36 27.60 21.61 23.87

Festi hf Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.92 23.04 57.63 16.36 6.79

Competitive Comparison of Festi hf's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Festi hf'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.


Festi hf's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Festi hf's Return-on-Tangible-Equity distribution charts can be found below:

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


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Festi hf Return-on-Tangible-Equity Calculation

Festi hf's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=4018.235/( (16739.936+16929.484 )/ 2 )
=4018.235/16834.71
=23.87 %

Festi hf's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1116.688/( (16929.484+15949.33)/ 2 )
=1116.688/16439.407
=6.79 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Festi hf  (OISE:FESTI) 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.


Festi hf Return-on-Tangible-Equity Related Terms

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


Festi hf Business Description

Traded in Other Exchanges
N/A
Address
Dalvegur 10-14, Kopavogur, ISL, 201
Festi hf is an Iceland-based company that operates retail companies. Its operations consist of the food market, fuel, and service station market, and electronic equipment and smart devices market. The parent company Festi owns the subsidiaries Kronuna, which operates grocery stores of the same name, N1, which operates fuel and electricity sales service stations and various services related to lubrication and automotive services, ELKO, which is an electronics store, Lyfja, which operates 45 pharmacies and branches, Yrkir, which owns and operates the group's real estate, and Bakkann varuhotel, which specializes in warehouse services and distribution. Maximum of revenue is from Kronuna sector.

Festi hf Headlines

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