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Vossloh AG (Vossloh AG) Return-on-Tangible-Equity : 12.56% (As of Mar. 2024)


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What is Vossloh AG 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. Vossloh AG's annualized net income for the quarter that ended in Mar. 2024 was $37 Mil. Vossloh AG's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $291 Mil. Therefore, Vossloh AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 12.56%.

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

VOSSF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -475.33   Med: 12.74   Max: 69.96
Current: 19.29

During the past 13 years, Vossloh AG's highest Return-on-Tangible-Equity was 69.96%. The lowest was -475.33%. And the median was 12.74%.

VOSSF's Return-on-Tangible-Equity is ranked better than
73.29% of 936 companies
in the Transportation industry
Industry Median: 9.73 vs VOSSF: 19.29

Vossloh AG Return-on-Tangible-Equity Historical Data

The historical data trend for Vossloh AG'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.

Vossloh AG Return-on-Tangible-Equity Chart

Vossloh AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.97 18.46 18.52 19.74 17.58

Vossloh AG 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 4.44 32.38 16.47 16.61 12.56

Competitive Comparison of Vossloh AG's Return-on-Tangible-Equity

For the Railroads subindustry, Vossloh AG'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.


Vossloh AG's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vossloh AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vossloh AG's Return-on-Tangible-Equity falls into.



Vossloh AG Return-on-Tangible-Equity Calculation

Vossloh AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=48.746/( (267.903+286.696 )/ 2 )
=48.746/277.2995
=17.58 %

Vossloh AG'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 )
=36.52/( (286.696+294.674)/ 2 )
=36.52/290.685
=12.56 %

* 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.


Vossloh AG  (OTCPK:VOSSF) 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.


Vossloh AG Return-on-Tangible-Equity Related Terms

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Vossloh AG (Vossloh AG) Business Description

Traded in Other Exchanges
Address
Vosslohstrasse 4, PO Box 1860, Werdohl, NW, DEU, 58791
Vossloh AG is a rail infrastructure manufacturer domiciled in Germany. The company organizes itself into three segments: customized modules (switch systems), core components, and life cycle solutions (rail solutions). The customized modules segment, which generates the majority of revenue, manufactures, installs, and maintains switch systems and monitoring equipment for rail networks. The core components segment, the next most significant segment, provides rail fastening systems and manufactures concrete railway ties. The life cycle solutions segment maintains, tracks, switches, and recycles old rails. The company derives the majority of revenue in Europe, with significant operations in Asia and the Americas.

Vossloh AG (Vossloh AG) Headlines

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