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. Selena FM's annualized net income for the quarter that ended in Mar. 2024 was zł76 Mil. Selena FM's average shareholder tangible equity for the quarter that ended in Mar. 2024 was zł655 Mil. Therefore, Selena FM's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 11.65%.
The historical rank and industry rank for Selena FM's Return-on-Tangible-Equity or its related term are showing as below:
WAR:SEL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.91 Med: 8.35 Max: 19.55
Current: 11.25
During the past 13 years, Selena FM's highest Return-on-Tangible-Equity was 19.55%. The lowest was 1.91%. And the median was 8.35%.
WAR:SEL's Return-on-Tangible-Equity is ranked better than 71.87% of 1518
companies
in the Chemicals industry
Industry Median: 5.865
vs WAR:SEL: 11.25
Selena FM Return-on-Tangible-Equity Historical Data
The historical data trend for Selena FM'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 Selena FM's Return-on-Tangible-Equity
For the Specialty Chemicals subindustry, Selena FM'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.
Selena FM's Return-on-Tangible-Equity Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Selena FM's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Selena FM's Return-on-Tangible-Equity falls into.
Selena FM Return-on-Tangible-Equity Calculation
Selena FM'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.
Selena FM (WAR:SEL) 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.
Selena FM Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Selena FM's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Selena FM SA is a Poland-based company engaged in the construction materials sector. The core business of the group includes the production, distribution, and sale of construction chemicals, building materials for doors and windows, and general building accessories. Its products include polyurethane foams, adhesives, sealants, building insulation systems, flooring systems, interior wall systems, ceramic tile systems, construction mortars, waterproofing materials, and other products primarily under Tytan, Quilosa, Artelit, Cool-R, and Matizol brand names. The company's geographical segments include European Union; Eastern Europe and Asia, and North and South America. It derives a majority of its revenue from the European Union.
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