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FPT Digital Retail JSC (STC:FRT) Return-on-Tangible-Equity : 38.33% (As of Sep. 2024)


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What is FPT Digital Retail JSC 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. FPT Digital Retail JSC's annualized net income for the quarter that ended in Sep. 2024 was ₫563,644 Mil. FPT Digital Retail JSC's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₫1,470,620 Mil. Therefore, FPT Digital Retail JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 38.33%.

The historical rank and industry rank for FPT Digital Retail JSC's Return-on-Tangible-Equity or its related term are showing as below:

STC:FRT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.55   Med: 20.84   Max: 33.13
Current: 7.31

During the past 6 years, FPT Digital Retail JSC's highest Return-on-Tangible-Equity was 33.13%. The lowest was -21.55%. And the median was 20.84%.

STC:FRT's Return-on-Tangible-Equity is ranked better than
50.19% of 1036 companies
in the Retail - Cyclical industry
Industry Median: 7.085 vs STC:FRT: 7.31

FPT Digital Retail JSC Return-on-Tangible-Equity Historical Data

The historical data trend for FPT Digital Retail 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.

* Premium members only.

FPT Digital Retail JSC Return-on-Tangible-Equity Chart

FPT Digital Retail JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 18.32 2.06 33.13 23.36 -21.55

FPT Digital Retail JSC Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -5.52 -27.98 11.21 7.63 38.33

Competitive Comparison of FPT Digital Retail JSC's Return-on-Tangible-Equity

For the Specialty Retail subindustry, FPT Digital Retail 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.


FPT Digital Retail JSC's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, FPT Digital Retail JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FPT Digital Retail JSC's Return-on-Tangible-Equity falls into.



FPT Digital Retail JSC Return-on-Tangible-Equity Calculation

FPT Digital Retail JSC'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 )
=-345643.489/( (1836089.457+1371114.976 )/ 2 )
=-345643.489/1603602.2165
=-21.55 %

FPT Digital Retail JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=563643.764/( (1408877.97+1532362.883)/ 2 )
=563643.764/1470620.4265
=38.33 %

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


FPT Digital Retail JSC  (STC:FRT) 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.


FPT Digital Retail JSC Return-on-Tangible-Equity Related Terms

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


FPT Digital Retail JSC Business Description

Traded in Other Exchanges
N/A
Address
261-263 Khanh Hoi Street, Ward 5, District 4, Ho Chi Minh City, VNM
Website
FPT Digital Retail JSC is a trading company of technology devices such as mobile phones, Apple products, personal computers, tablets, accessories and other services. Further, it own two retail chains named by FPT shop and F.Studio with nearly 482 stores across 63 provinces.