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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. AQT Water's annualized net income for the quarter that ended in Sep. 2024 was zł1.14 Mil. AQT Water's average shareholder tangible equity for the quarter that ended in Sep. 2024 was zł0.79 Mil. Therefore, AQT Water's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 143.25%.
The historical rank and industry rank for AQT Water's Return-on-Tangible-Equity or its related term are showing as below:
WAR:AQT's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.76 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
AQT Water (WAR:AQT) 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.
AQT Water Return-on-Tangible-Equity Related Terms
AQT Water Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AQT Water'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.
WAR:AQT vs VLTO, ZWS, FSS: Return-on-Tangible-Equity Comparison
For the Pollution & Treatment Controls subindustry, AQT Water'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.
AQT Water Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, AQT Water's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AQT Water's Return-on-Tangible-Equity falls into.
* 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 (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 143.25% mean?
AQT Water (WAR:AQT) has a Return-on-Tangible-Equity of 143.25% as of Sep. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AQT Water and its competitors.
Is AQT Water's Return-on-Tangible-Equity too high?
AQT Water's current Return-on-Tangible-Equity is 143.25%. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. AQT Water's value of 143.25% is 2019.1% above this industry median. Overall, AQT Water has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does AQT Water's Return-on-Tangible-Equity compare to VLTO and ZWS?
AQT Water's Return-on-Tangible-Equity of 143.25% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Equity is 6.76. AQT Water's value of 143.25% is 2019.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AQT Water's current Return-on-Tangible-Equity of 143.25% is 2019.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AQT Water and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AQT Water's current Return-on-Tangible-Equity is 143.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AQT Water stock overvalued right now?
AQT Water (WAR:AQT) has a current Return-on-Tangible-Equity of 143.25%. The current Return-on-Tangible-Equity is 143.25% and 2019.1% above the Industrial Products industry median of 6.76. AQT Water's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For AQT Water (WAR:AQT), the current Return-on-Tangible-Equity is 143.25% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
AQT Water SA is engaged in the field of decentralized sewage treatment technologies for single-family houses, public or industrial buildings. The company's services include purification cleansing, container water treatment plants, fat separators, grey water and rainwater.
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