The historical rank and industry rank for Panasonic Manufacturing Philippines's Return-on-Tangible-Equity or its related term are showing as below:
PHS:PMPC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.85 Med: 4.48 Max: 13.16
Current: 5.22
During the past 13 years, Panasonic Manufacturing Philippines's highest Return-on-Tangible-Equity was 13.16%. The lowest was 2.85%. And the median was 4.48%.
PHS:PMPC's Return-on-Tangible-Equity is ranked worse than 50.57% of 2365
companies
in the Hardware industry
Industry Median: 5.38
vs PHS:PMPC: 5.22
Panasonic Manufacturing Philippines Return-on-Tangible-Equity Historical Data
* 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.
Competitive Comparison of Panasonic Manufacturing Philippines's Return-on-Tangible-Equity
For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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.
Panasonic Manufacturing Philippines's Return-on-Tangible-Equity Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Panasonic Manufacturing Philippines's Return-on-Tangible-Equity falls into.
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Panasonic Manufacturing Philippines Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Panasonic Manufacturing Philippines's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Panasonic Manufacturing Philippines (PHS:PMPC) Business Description
Panasonic Manufacturing Philippines Corp company is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Life Solutions includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. The Consumer segment generates maximum revenue for the company. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hongkong, and Taiwan.
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