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Genel Energy (STU:4VL) Return-on-Tangible-Equity : -12.14% (As of Jun. 2024)


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What is Genel Energy 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. Genel Energy's annualized net income for the quarter that ended in Jun. 2024 was €-40.69 Mil. Genel Energy's average shareholder tangible equity for the quarter that ended in Jun. 2024 was €335.13 Mil. Therefore, Genel Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -12.14%.

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

STU:4VL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -71.8   Med: -20.39   Max: 20.47
Current: -11.37

During the past 13 years, Genel Energy's highest Return-on-Tangible-Equity was 20.47%. The lowest was -71.80%. And the median was -20.39%.

STU:4VL's Return-on-Tangible-Equity is ranked worse than
77.87% of 976 companies
in the Oil & Gas industry
Industry Median: 7.1 vs STU:4VL: -11.37

Genel Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Genel Energy'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.

Genel Energy Return-on-Tangible-Equity Chart

Genel Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.89 -41.75 -51.86 -1.61 -14.47

Genel Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 48.30 -50.24 -18.82 -10.74 -12.14

Competitive Comparison of Genel Energy's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Genel Energy'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.


Genel Energy's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Genel Energy's Return-on-Tangible-Equity distribution charts can be found below:

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



Genel Energy Return-on-Tangible-Equity Calculation

Genel Energy'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 )
=-56.212/( (435.75+341.124 )/ 2 )
=-56.212/388.437
=-14.47 %

Genel Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-40.69/( (341.124+329.145)/ 2 )
=-40.69/335.1345
=-12.14 %

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


Genel Energy  (STU:4VL) 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.


Genel Energy Return-on-Tangible-Equity Related Terms

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


Genel Energy Business Description

Industry
Traded in Other Exchanges
Address
36 Broadway, Fifth Floor, Victoria, London, GBR, SW1H 0BH
Genel Energy PLC produces oil and gas predominantly in the Kurdistan region of Iraq. The Company has two reportable business segments: Production and Pre-production. Capital allocation decisions for the production segment are considered in the context of the cash flows expected from the production and sale of crude oil. The production segment is comprised of the producing fields on the Tawke PSC, and the Taq Taq PSC which are located in the KRI and make sales predominantly to the KRG. The pre-production segment is comprised of exploration activity, principally located in Somaliland and Morocco.

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