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SThree (SThree) Return-on-Tangible-Equity : 27.57% (As of Nov. 2023)


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What is SThree 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. SThree's annualized net income for the quarter that ended in Nov. 2023 was $71 Mil. SThree's average shareholder tangible equity for the quarter that ended in Nov. 2023 was $256 Mil. Therefore, SThree's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 was 27.57%.

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

STREF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.56   Med: 40.51   Max: 60.22
Current: 27.54

During the past 13 years, SThree's highest Return-on-Tangible-Equity was 60.22%. The lowest was 14.56%. And the median was 40.51%.

STREF's Return-on-Tangible-Equity is ranked better than
73.32% of 997 companies
in the Business Services industry
Industry Median: 12.01 vs STREF: 27.54

SThree Return-on-Tangible-Equity Historical Data

The historical data trend for SThree'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.

SThree Return-on-Tangible-Equity Chart

SThree Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.13 14.72 30.27 28.66 27.75

SThree Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 31.58 37.17 23.03 28.94 27.57

Competitive Comparison of SThree's Return-on-Tangible-Equity

For the Staffing & Employment Services subindustry, SThree'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.


SThree's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SThree's Return-on-Tangible-Equity distribution charts can be found below:

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



SThree Return-on-Tangible-Equity Calculation

SThree's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2023 )  (A: Nov. 2022 )(A: Nov. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2023 )  (A: Nov. 2022 )(A: Nov. 2023 )
=69.715/( (233.934+268.43 )/ 2 )
=69.715/251.182
=27.75 %

SThree's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=70.588/( (243.674+268.43)/ 2 )
=70.588/256.052
=27.57 %

* 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 two times the semi-annual (Nov. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SThree  (GREY:STREF) 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.


SThree Return-on-Tangible-Equity Related Terms

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


SThree (SThree) Business Description

Traded in Other Exchanges
Address
75 King William Street, 1st Floor, London, GBR, EC4N 7BE
SThree PLC is involved in the staffing business. It provides contract and permanent recruitment services. The company operates in information and communication, engineering, energy, life sciences, banking, and finance sectors. It provides its service through various brands such as computer future, progressive, Huxley, real, orgtel, jpgray, Newington international and enterprise partners. The company operates in the UK, Ireland, Continental Europe, America, Asia Pacific and the Middle east.

SThree (SThree) Headlines

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