What is Financial Partners Group Co 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. Financial Partners Group Co's annualized net income for the quarter that ended in Mar. 2024 was 円20,556 Mil. Financial Partners Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was 円46,524 Mil. Therefore, Financial Partners Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 44.18%.
The historical rank and industry rank for Financial Partners Group Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7148'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.95 Med: 32.46 Max: 51.27
Current: 37.79
During the past 13 years, Financial Partners Group Co's highest Return-on-Tangible-Equity was 51.27%. The lowest was 3.95%. And the median was 32.46%.
TSE:7148's Return-on-Tangible-Equity is ranked better than 97.1% of 517
companies
in the Diversified Financial Services industry
Industry Median: 0.57
vs TSE:7148: 37.79
Financial Partners Group Co 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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Financial Partners Group Co Return-on-Tangible-Equity Chart
Competitive Comparison of Financial Partners Group Co's Return-on-Tangible-Equity
For the Financial Conglomerates subindustry, Financial Partners Group Co'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.
Financial Partners Group Co's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Financial Partners Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Financial Partners Group Co's Return-on-Tangible-Equity falls into.
Financial Partners Group Co Return-on-Tangible-Equity Calculation
Financial Partners Group Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Financial Partners Group Co (TSE:7148) 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.
Financial Partners Group Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Financial Partners Group Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Financial Partners Group Co (TSE:7148) Business Description
Financial Partners Group Co Ltd is a financial services company based in Japan. The company's core business is the tax leasing arrangement business, which provides integrated services covering the structuring, origination, equity placement, and administration of Japanese operating leases for large transport equipment such as marine containers, ships and aircraft. The company is also engaged in the insurance brokerage business, mergers and acquisition advisory business, private banking business, real estate-related business, securities business, asset management business, and the trust business.
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