What is ROYAL HOLDINGS 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. ROYAL HOLDINGS Co's annualized net income for the quarter that ended in Mar. 2024 was 円6,104 Mil. ROYAL HOLDINGS Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was 円31,196 Mil. Therefore, ROYAL HOLDINGS Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 19.57%.
The historical rank and industry rank for ROYAL HOLDINGS Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8179'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -78.29 Med: 5.4 Max: 15.51
Current: 15.51
During the past 13 years, ROYAL HOLDINGS Co's highest Return-on-Tangible-Equity was 15.51%. The lowest was -78.29%. And the median was 5.40%.
TSE:8179's Return-on-Tangible-Equity is ranked better than 58.86% of 316
companies
in the Restaurants industry
Industry Median: 11.57
vs TSE:8179: 15.51
ROYAL HOLDINGS Co Return-on-Tangible-Equity Historical Data
The historical data trend for ROYAL HOLDINGS Co'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.
Competitive Comparison of ROYAL HOLDINGS Co's Return-on-Tangible-Equity
For the Restaurants subindustry, ROYAL HOLDINGS 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.
ROYAL HOLDINGS Co's Return-on-Tangible-Equity Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, ROYAL HOLDINGS Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ROYAL HOLDINGS Co's Return-on-Tangible-Equity falls into.
ROYAL HOLDINGS Co Return-on-Tangible-Equity Calculation
ROYAL HOLDINGS Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 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.
ROYAL HOLDINGS Co (TSE:8179) 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.
ROYAL HOLDINGS Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of ROYAL HOLDINGS Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
ROYAL HOLDINGS Co Ltd operates five core businesses in Japan: Restaurants, Hotels, Contract Food Services, In-Flight Catering, and Food Manufacturing. Royal's Restaurants business operates various brands, including Royal Host, Tenya, Cowboy Family, Shakey's, Sizzler, Hananoki, Royal Garden Café, pinkberry, The Third Café, and Rose Bakery. The company's Hotel business operates Richmond Hotels. Contract Food Services provides food in airports, highway service areas, department stores, and convention centers. In-Flight Catering provides meals for dozens of airlines worldwide. The Food Manufacturing business has two central kitchens in Japan that serve the company's other businesses.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:8179 has been successfully added to your 