GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Century Pacific Food Inc (PHS:CNPF) » Definitions » Return-on-Tangible-Equity

Century Pacific Food (PHS:CNPF) Return-on-Tangible-Equity : 25.20% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Century Pacific Food 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. Century Pacific Food's annualized net income for the quarter that ended in Mar. 2024 was ₱6,888 Mil. Century Pacific Food's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₱27,336 Mil. Therefore, Century Pacific Food's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 25.20%.

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

PHS:CNPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.83   Med: 23.74   Max: 39.57
Current: 22.41

During the past 11 years, Century Pacific Food's highest Return-on-Tangible-Equity was 39.57%. The lowest was 21.83%. And the median was 23.74%.

PHS:CNPF's Return-on-Tangible-Equity is ranked better than
81.95% of 1795 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs PHS:CNPF: 22.41

Century Pacific Food Return-on-Tangible-Equity Historical Data

The historical data trend for Century Pacific Food'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.

Century Pacific Food Return-on-Tangible-Equity Chart

Century Pacific Food Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.83 23.07 23.95 22.59 22.07

Century Pacific Food Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.74 28.13 22.27 14.10 25.20

Competitive Comparison of Century Pacific Food's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Century Pacific Food'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.


Century Pacific Food's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Century Pacific Food's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Century Pacific Food's Return-on-Tangible-Equity falls into.



Century Pacific Food Return-on-Tangible-Equity Calculation

Century Pacific Food's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=5579.16/( (23230.828+27323.88 )/ 2 )
=5579.16/25277.354
=22.07 %

Century Pacific Food's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=6887.804/( (27323.88+27348.535)/ 2 )
=6887.804/27336.2075
=25.20 %

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


Century Pacific Food  (PHS:CNPF) 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.


Century Pacific Food Return-on-Tangible-Equity Related Terms

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


Century Pacific Food (PHS:CNPF) Business Description

Traded in Other Exchanges
N/A
Address
Julia Vargas corner Garnet Street, 7th, 8th, and 19th Floor Centerpoint Building, Ortigas Business Center, Metro Manila, Pasig, PHL, 1605
Century Pacific Food Inc is engaged in buying, selling, processing, canning, packaging, and manufacturing food products such as marine products, animal products, and agricultural crops. The business is divided into seven operating segments: Canned and Processed fish, which consists of tuna, sardines, and other marine products; Canned Meat, which consists of corned beef, meatloaf, and other meat products; Milk, which includes canned milk, powdered milk, and other dairy products; Tuna export which includes private label canned, pouched, and frozen tuna; Coco Water, which contains coconut beverages, coconut oil, and other coconut products; Packaging, which includes packaging products and Corporate, which covers management services and warehousing.

Century Pacific Food (PHS:CNPF) Headlines

No Headlines