The historical rank and industry rank for Ollie's Bargain Outlet Holdings's Return-on-Tangible-Equity or its related term are showing as below:
STU:OL6'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.83 Med: 43.49 Max: 276.16
Current: 24.3
During the past 11 years, Ollie's Bargain Outlet Holdings's highest Return-on-Tangible-Equity was 276.16%. The lowest was 15.83%. And the median was 43.49%.
STU:OL6's Return-on-Tangible-Equity is ranked better than 70.9% of 299
companies
in the Retail - Defensive industry
Industry Median: 11.95
vs STU:OL6: 24.30
Ollie's Bargain Outlet Holdings Return-on-Tangible-Equity Historical Data
* 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.
Competitive Comparison of Ollie's Bargain Outlet Holdings's Return-on-Tangible-Equity
For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings'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.
Ollie's Bargain Outlet Holdings's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ollie's Bargain Outlet Holdings's Return-on-Tangible-Equity falls into.
* 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 (Jan. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Ollie's Bargain Outlet Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Ollie's Bargain Outlet Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Ollie's Bargain Outlet Holdings (STU:OL6) Business Description
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
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