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Nedap NV (STU:NE3) Return-on-Tangible-Equity : 31.62% (As of Dec. 2024)


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What is Nedap NV 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. Nedap NV's annualized net income for the quarter that ended in Dec. 2024 was €20.7 Mil. Nedap NV's average shareholder tangible equity for the quarter that ended in Dec. 2024 was €65.6 Mil. Therefore, Nedap NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 31.62%.

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

STU:NE3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.45   Med: 24.99   Max: 49.67
Current: 26.94

During the past 13 years, Nedap NV's highest Return-on-Tangible-Equity was 49.67%. The lowest was 9.45%. And the median was 24.99%.

STU:NE3's Return-on-Tangible-Equity is ranked better than
74.11% of 2410 companies
in the Software industry
Industry Median: 8.795 vs STU:NE3: 26.94

Nedap NV Return-on-Tangible-Equity Historical Data

The historical data trend for Nedap NV'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.

Nedap NV Return-on-Tangible-Equity Chart

Nedap NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.40 24.45 23.85 28.19 25.52

Nedap NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 21.94 33.07 24.70 23.95 31.62

Competitive Comparison of Nedap NV's Return-on-Tangible-Equity

For the Information Technology Services subindustry, Nedap NV'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.


Nedap NV's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Nedap NV's Return-on-Tangible-Equity distribution charts can be found below:

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


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Nedap NV Return-on-Tangible-Equity Calculation

Nedap NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=18.527/( (75.175+69.997 )/ 2 )
=18.527/72.586
=25.52 %

Nedap NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=20.734/( (61.136+69.997)/ 2 )
=20.734/65.5665
=31.62 %

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


Nedap NV  (STU:NE3) 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.


Nedap NV Return-on-Tangible-Equity Related Terms

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


Nedap NV Business Description

Industry
Traded in Other Exchanges
Address
Parallelweg 2, Groenlo, GE, NLD, 7141 DC
Nedap NV develops and manufactures electronic equipment and software. It also creates and supplies smart technological solutions for socially relevant themes, including sufficient food, clean drinking water, security, and healthcare. The company's solutions include Nedap iD cloud (RFID technology for retailers to streamline their operations), Nedap Pace (which provides real-time security insights), Nedap FarmControl (which centralizes all farm operations into one platform), Nedap Luna, and others. The company derives its key revenue from the sale of products, systems, and installation services, followed by software subscriptions and services. Geographically, it derives maximum revenue from the Netherlands, followed by Germany, Other European countries, North America, and other countries.

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