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. Avangard Bank JSC's annualized net income for the quarter that ended in Dec. 2020 was ₽3,201.58 Mil. Avangard Bank JSC's average shareholder tangible equity for the quarter that ended in Dec. 2020 was ₽25,595.69 Mil. Therefore, Avangard Bank JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 was 12.51%.
The historical rank and industry rank for Avangard Bank JSC's Return-on-Tangible-Equity or its related term are showing as below:
RTD:AVAN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.36 Med: 12.58 Max: 40
Current: 14.05
During the past 13 years, Avangard Bank JSC's highest Return-on-Tangible-Equity was 40.00%. The lowest was 6.36%. And the median was 12.58%.
RTD:AVAN's Return-on-Tangible-Equity is not ranked
in the Banks industry.
Industry Median: 11.19
vs RTD:AVAN: 14.05
Avangard Bank JSC (RTD:AVAN) 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.
Avangard Bank JSC Return-on-Tangible-Equity Related Terms
Avangard Bank JSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Avangard Bank JSC'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.
RTD:AVAN vs USB, TFC, PNC: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Avangard Bank JSC'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.
Avangard Bank JSC Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Avangard Bank JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Avangard Bank JSC'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. 2020) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.51% mean?
Avangard Bank JSC (RTD:AVAN) has a Return-on-Tangible-Equity of 12.51% as of Dec. 2020. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Avangard Bank JSC and its competitors. This is near median its historical median of 12.58. Over the past decade, Avangard Bank JSC's Return-on-Tangible-Equity has ranged from 6.36 to 40.00.
Is Avangard Bank JSC's Return-on-Tangible-Equity too high?
Avangard Bank JSC's current Return-on-Tangible-Equity of 12.51% is near median its 10-year median of 12.58. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 40.00. The Banks industry median Return-on-Tangible-Equity is 11.19. Avangard Bank JSC's value of 12.51% is 11.8% above this industry median. Overall, Avangard Bank JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Avangard Bank JSC's Return-on-Tangible-Equity compare to USB and TFC?
Avangard Bank JSC's Return-on-Tangible-Equity of 12.51% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.19. Avangard Bank JSC's value of 12.51% is 11.8% above this benchmark. Historically, Avangard Bank JSC's own Return-on-Tangible-Equity has ranged from 6.36 to 40.00 over the past decade. While the company's 10-year median is 12.58 vs. the industry median of 11.19, Avangard Bank JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avangard Bank JSC's current Return-on-Tangible-Equity of 12.51% is 11.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Avangard Bank JSC and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avangard Bank JSC's current Return-on-Tangible-Equity is 12.51%, which is near median its own 10-year median of 12.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avangard Bank JSC stock overvalued right now?
Avangard Bank JSC (RTD:AVAN) has a current Return-on-Tangible-Equity of 12.51%. The current Return-on-Tangible-Equity is 12.51%, which is near median its 10-year median of 12.58 and 11.8% above the Banks industry median of 11.19. Avangard Bank JSC's overall GF Score™ is 17/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Avangard Bank JSC (RTD:AVAN), the current Return-on-Tangible-Equity is 12.51% as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Avangard JSB formerly Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.
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