The historical rank and industry rank for Tokyo Electric Power Co Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TKECF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.94 Med: 6.3 Max: 24.93
Current: 7.83
During the past 13 years, Tokyo Electric Power Co Holdings's highest Return-on-Tangible-Equity was 24.93%. The lowest was -3.94%. And the median was 6.30%.
TKECF's Return-on-Tangible-Equity is ranked better than 52.86% of 420
companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.375
vs TKECF: 7.83
Tokyo Electric Power Co 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.
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Tokyo Electric Power Co Holdings Return-on-Tangible-Equity Chart
Competitive Comparison of Tokyo Electric Power Co Holdings's Return-on-Tangible-Equity
For the Utilities - Renewable subindustry, Tokyo Electric Power Co 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.
Tokyo Electric Power Co Holdings's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Electric Power Co Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tokyo Electric Power Co Holdings's Return-on-Tangible-Equity falls into.
Tokyo Electric Power Co Holdings Return-on-Tangible-Equity Calculation
Tokyo Electric Power Co Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as
* 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 (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Tokyo Electric Power Co Holdings (OTCPK:TKECF) 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.
Tokyo Electric Power Co Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Tokyo Electric Power Co Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Business Description
Tokyo Electric Power Co Holdings, or TEPCO, is a holding company that, through its subsidiaries, supplies electric power to Tokyo's metropolitan area in Japan. TEPCO segments its business operations through subsidiaries that, manage fuel and thermal power generation, power transmission and distribution, and retail electricity sales. To produce electricity, the company controls a portfolio of hydroelectric, thermal, and nuclear power plants. TEPCO's thermal facilities, which utilize oil, natural gas, and coal fuel sources, account for the vast majority of its energy production. Almost all of Tokyo Electric Power's revenue is derived from the sale of electricity to primarily retail customers. The company serves the energy needs of a substantial portion of Japan's population.
Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Headlines
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