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CEWE Stiftung KGaA (WBO:CWC) Return-on-Tangible-Equity : 8.09% (As of Mar. 2024)


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What is CEWE Stiftung KGaA 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. CEWE Stiftung KGaA's annualized net income for the quarter that ended in Mar. 2024 was €23.2 Mil. CEWE Stiftung KGaA's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €287.1 Mil. Therefore, CEWE Stiftung KGaA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 8.09%.

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

WBO:CWC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.3   Med: 20.8   Max: 30.13
Current: 22.81

During the past 13 years, CEWE Stiftung KGaA's highest Return-on-Tangible-Equity was 30.13%. The lowest was 17.30%. And the median was 20.80%.

WBO:CWC's Return-on-Tangible-Equity is ranked better than
62.11% of 95 companies
in the Personal Services industry
Industry Median: 12.45 vs WBO:CWC: 22.81

CEWE Stiftung KGaA Return-on-Tangible-Equity Historical Data

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Return-on-Tangible-Equity Chart

CEWE Stiftung KGaA 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 19.87 30.13 23.08 20.91 21.13

CEWE Stiftung KGaA 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 5.12 -5.90 -0.10 88.33 8.09

Competitive Comparison of CEWE Stiftung KGaA's Return-on-Tangible-Equity

For the Personal Services subindustry, CEWE Stiftung KGaA'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.


CEWE Stiftung KGaA's Return-on-Tangible-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Return-on-Tangible-Equity falls into.



CEWE Stiftung KGaA Return-on-Tangible-Equity Calculation

CEWE Stiftung KGaA'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 )
=57.313/( (256.43+286.148 )/ 2 )
=57.313/271.289
=21.13 %

CEWE Stiftung KGaA'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 )
=23.232/( (286.148+288.018)/ 2 )
=23.232/287.083
=8.09 %

* 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.


CEWE Stiftung KGaA  (WBO:CWC) 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.


CEWE Stiftung KGaA Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of CEWE Stiftung KGaA's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CEWE Stiftung KGaA (WBO:CWC) Business Description

Address
Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.

CEWE Stiftung KGaA (WBO:CWC) Headlines

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