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Bogo Medellin Milling Co (PHS:BMM) Return-on-Tangible-Equity : 29.91% (As of Jun. 2022)


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What is Bogo Medellin Milling Co 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. Bogo Medellin Milling Co's annualized net income for the quarter that ended in Jun. 2022 was ₱51.3 Mil. Bogo Medellin Milling Co's average shareholder tangible equity for the quarter that ended in Jun. 2022 was ₱171.3 Mil. Therefore, Bogo Medellin Milling Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 29.91%.

The historical rank and industry rank for Bogo Medellin Milling Co's Return-on-Tangible-Equity or its related term are showing as below:

PHS:BMM's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Bogo Medellin Milling Co Return-on-Tangible-Equity Historical Data

The historical data trend for Bogo Medellin Milling Co'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.

Bogo Medellin Milling Co Return-on-Tangible-Equity Chart

Bogo Medellin Milling Co Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.90 -7.54 -7.06 -22.10 -16.73

Bogo Medellin Milling Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 43.00 -52.35 -100.65 52.49 29.91

Competitive Comparison of Bogo Medellin Milling Co's Return-on-Tangible-Equity

For the Confectioners subindustry, Bogo Medellin Milling Co'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.


Bogo Medellin Milling Co's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bogo Medellin Milling Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bogo Medellin Milling Co's Return-on-Tangible-Equity falls into.



Bogo Medellin Milling Co Return-on-Tangible-Equity Calculation

Bogo Medellin Milling Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2021 )  (A: Sep. 2020 )(A: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2021 )  (A: Sep. 2020 )(A: Sep. 2021 )
=-33.968/( (219.887+186.261 )/ 2 )
=-33.968/203.074
=-16.73 %

Bogo Medellin Milling Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=51.252/( (164.94+177.753)/ 2 )
=51.252/171.3465
=29.91 %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bogo Medellin Milling Co  (PHS:BMM) 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.


Bogo Medellin Milling Co Return-on-Tangible-Equity Related Terms

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Bogo Medellin Milling Co (PHS:BMM) Business Description

Traded in Other Exchanges
N/A
Address
Barangay Luy-a, Medellin, Cebu, PHL, 6012
Bogo Medellin Milling Co Inc is a sugar manufacturing company. The company through its subsidiaries is engaged in the production, manufacturing, refining, import, export, sale, and exchange of hypothecate sugar. The company offers sugar, sugarcane, sugar beets, molasses, syrups, and related products. It is organized in two main business segments, Sugarcane Milling and Sugarcane Farming, and only one reportable geographical segment in the Philippines. The majority of its revenue is derived from the Sugarcane Milling operations.

Bogo Medellin Milling Co (PHS:BMM) Headlines

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