GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Founder's Consultants Holdings Inc (TSE:6542) » Definitions » Return-on-Tangible-Equity

Founder's Consultants Holdings (TSE:6542) Return-on-Tangible-Equity : 25.86% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Founder's Consultants Holdings 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. Founder's Consultants Holdings's annualized net income for the quarter that ended in Mar. 2024 was 円1,797 Mil. Founder's Consultants Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2024 was 円6,947 Mil. Therefore, Founder's Consultants Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 25.86%.

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

TSE:6542' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.75   Med: 11.35   Max: 14.66
Current: 13.49

During the past 13 years, Founder's Consultants Holdings's highest Return-on-Tangible-Equity was 14.66%. The lowest was 4.75%. And the median was 11.35%.

TSE:6542's Return-on-Tangible-Equity is ranked better than
65.69% of 1641 companies
in the Construction industry
Industry Median: 8.13 vs TSE:6542: 13.49

Founder's Consultants Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Founder's Consultants Holdings'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.

Founder's Consultants Holdings Return-on-Tangible-Equity Chart

Founder's Consultants Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.69 12.00 8.14 14.66 13.13

Founder's Consultants Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only 17.91 16.32 2.54 8.74 25.86

Competitive Comparison of Founder's Consultants Holdings's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Founder's Consultants 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.


Founder's Consultants Holdings's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Founder's Consultants Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Founder's Consultants Holdings's Return-on-Tangible-Equity falls into.



Founder's Consultants Holdings Return-on-Tangible-Equity Calculation

Founder's Consultants Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=808.853/( (5723.051+6593.583 )/ 2 )
=808.853/6158.317
=13.13 %

Founder's Consultants Holdings'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: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1796.828/( (6709.194+7184.995)/ 2 )
=1796.828/6947.0945
=25.86 %

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


Founder's Consultants Holdings  (TSE:6542) 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.


Founder's Consultants Holdings Return-on-Tangible-Equity Related Terms

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


Founder's Consultants Holdings Business Description

Traded in Other Exchanges
N/A
Address
3 - chome No. 6 18, Hakata-ku Hakata-eki, Fukuoka Prefecture, Fukuoka, JPN, 812-0013
Founder's Consultants Holdings Inc is a construction consultant providing survey for roads, bridges, and railways, among others. It also provides planning, designing, maintenance and construction management services. Geographically the business activities are carried out through Japan.

Founder's Consultants Holdings Headlines

No Headlines