GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AQ Group AB (OSTO:AQ) » Definitions » Return-on-Tangible-Equity

AQ Group AB (OSTO:AQ) Return-on-Tangible-Equity : 16.60% (As of Dec. 2024)


View and export this data going back to 2001. Start your Free Trial

What is AQ Group AB 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. AQ Group AB's annualized net income for the quarter that ended in Dec. 2024 was kr620 Mil. AQ Group AB's average shareholder tangible equity for the quarter that ended in Dec. 2024 was kr3,735 Mil. Therefore, AQ Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 16.60%.

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

OSTO:AQ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.97   Med: 18.8   Max: 21.56
Current: 18.68

During the past 13 years, AQ Group AB's highest Return-on-Tangible-Equity was 21.56%. The lowest was 10.97%. And the median was 18.80%.

OSTO:AQ's Return-on-Tangible-Equity is ranked better than
82.02% of 2937 companies
in the Industrial Products industry
Industry Median: 7.04 vs OSTO:AQ: 18.68

AQ Group AB Return-on-Tangible-Equity Historical Data

The historical data trend for AQ Group AB'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.

AQ Group AB Return-on-Tangible-Equity Chart

AQ Group AB 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 20.24 19.45 17.40 21.56 18.81

AQ Group AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 16.70 21.68 20.31 16.28 16.60

Competitive Comparison of AQ Group AB's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, AQ Group AB'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.


AQ Group AB's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AQ Group AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where AQ Group AB's Return-on-Tangible-Equity falls into.


;
;

AQ Group AB Return-on-Tangible-Equity Calculation

AQ Group AB'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 )
=665/( (3239+3833 )/ 2 )
=665/3536
=18.81 %

AQ Group AB'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=620/( (3636+3833)/ 2 )
=620/3734.5
=16.60 %

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


AQ Group AB  (OSTO:AQ) 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.


AQ Group AB Return-on-Tangible-Equity Related Terms

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


AQ Group AB Business Description

Traded in Other Exchanges
Address
Regattagatan 29, Vasteras, SWE, 723 48
AQ Group AB is a supplier of manufacturing and assembling tool-bound sheet metal and thermoplastic parts to demanding industrial customers. The company's business consists of the System and Component segments. The System segment includes Electric Cabinets and System Products business areas. The Component segment encompasses business areas of Precision stamping and Injection Molding, Inductive Components, Wiring Systems, Sheet Metal Processing as well as Special Technologies and Engineering. Majority of the revenue is derived from Component segment. It operates around the globe with majority revenue from Sweden.

AQ Group AB Headlines

From GuruFocus