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Holland Colours (XAMS:HOLCO) Return-on-Tangible-Equity : 9.74% (As of Mar. 2024)


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What is Holland Colours 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. Holland Colours's annualized net income for the quarter that ended in Mar. 2024 was €5.9 Mil. Holland Colours's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €60.2 Mil. Therefore, Holland Colours's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 9.74%.

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

XAMS:HOLCO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.62   Med: 15.57   Max: 19.59
Current: 8.67

During the past 13 years, Holland Colours's highest Return-on-Tangible-Equity was 19.59%. The lowest was 8.62%. And the median was 15.57%.

XAMS:HOLCO's Return-on-Tangible-Equity is ranked better than
63.48% of 1517 companies
in the Chemicals industry
Industry Median: 5.9 vs XAMS:HOLCO: 8.67

Holland Colours Return-on-Tangible-Equity Historical Data

The historical data trend for Holland Colours'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.

Holland Colours Return-on-Tangible-Equity Chart

Holland Colours Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.84 19.59 18.96 10.11 8.62

Holland Colours Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 15.28 13.91 5.97 7.63 9.74

Competitive Comparison of Holland Colours's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Holland Colours'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.


Holland Colours's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Holland Colours's Return-on-Tangible-Equity distribution charts can be found below:

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



Holland Colours Return-on-Tangible-Equity Calculation

Holland Colours's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=5.182/( (58.808+61.454 )/ 2 )
=5.182/60.131
=8.62 %

Holland Colours'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: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=5.868/( (59.013+61.454)/ 2 )
=5.868/60.2335
=9.74 %

* 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 two times the semi-annual (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Holland Colours  (XAMS:HOLCO) 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.


Holland Colours Return-on-Tangible-Equity Related Terms

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


Holland Colours (XAMS:HOLCO) Business Description

Traded in Other Exchanges
Address
Halvemaanweg 1, P.O. Box 720, Apeldoorn, GE, NLD, 7323 RW
Holland Colours creates and manufactures high-quality solid and liquid colorants, masterbatches, and additives. The company and its subsidiaries manufacture, distribute, and sell color concentrates. Its products are designed to be well suited for coloring rigid and flexible polyvinyl chloride, pet, polyolefins, and other polymers. The company serves many different markets which include building and construction but is not limited to, profiles, pipes, siding, and cladding. In addition, to serving these markets, it also offers color concentrates for coatings, elastomers, adhesives, and other applications. The company operates geographically across Europe, the United States of America, and Asia.

Holland Colours (XAMS:HOLCO) Headlines

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