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Tatton Asset Management (STU:2T7) Return-on-Tangible-Equity : 53.14% (As of Mar. 2024)


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What is Tatton Asset Management 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. Tatton Asset Management's annualized net income for the quarter that ended in Mar. 2024 was €17.76 Mil. Tatton Asset Management's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €33.41 Mil. Therefore, Tatton Asset Management's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 53.14%.

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

STU:2T7' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 44.3   Med: 57.53   Max: 462.47
Current: 45.19

During the past 10 years, Tatton Asset Management's highest Return-on-Tangible-Equity was 462.47%. The lowest was 44.30%. And the median was 57.53%.

STU:2T7's Return-on-Tangible-Equity is ranked better than
94.18% of 1667 companies
in the Asset Management industry
Industry Median: 6.36 vs STU:2T7: 45.19

Tatton Asset Management Return-on-Tangible-Equity Historical Data

The historical data trend for Tatton Asset Management'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.

Tatton Asset Management Return-on-Tangible-Equity Chart

Tatton Asset Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.22 46.30 54.40 56.34 44.98

Tatton Asset Management Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 68.01 52.07 62.40 38.67 53.14

Competitive Comparison of Tatton Asset Management's Return-on-Tangible-Equity

For the Asset Management subindustry, Tatton Asset Management'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.


Tatton Asset Management's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tatton Asset Management's Return-on-Tangible-Equity distribution charts can be found below:

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



Tatton Asset Management Return-on-Tangible-Equity Calculation

Tatton Asset Management's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=15.181/( (32.678+34.829 )/ 2 )
=15.181/33.7535
=44.98 %

Tatton Asset Management'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: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=17.758/( (32+34.829)/ 2 )
=17.758/33.4145
=53.14 %

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


Tatton Asset Management  (STU:2T7) 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.


Tatton Asset Management Return-on-Tangible-Equity Related Terms

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


Tatton Asset Management Business Description

Traded in Other Exchanges
Address
Paradigm House, Lower Meadow Road, Brooke Court, Handforth, Wilmslow, Cheshire, GBR, SK9 3ND
Tatton Asset Management PLC offers on-platform only discretionary fund management, regulatory, compliance, and business consulting services, as well as a whole of market mortgage provision, to directly authorized financial advisers across the United Kingdom. The company's business segments include Tatton and Paradigm, with the maximum revenue derived from the Tatton segment.

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