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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. Prvi Partizan Alfaplast a.d's annualized net income for the quarter that ended in . 20 was RSD Mil. Prvi Partizan Alfaplast a.d's average shareholder tangible equity for the quarter that ended in . 20 was RSD Mil. Therefore, Prvi Partizan Alfaplast a.d's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.
The historical rank and industry rank for Prvi Partizan Alfaplast a.d's Return-on-Tangible-Equity or its related term are showing as below:
XBEL:PPAL's Return-on-Tangible-Equity is not ranked *
in the Industrial Distribution industry.
Industry Median: 8.96 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Prvi Partizan Alfaplast a.d (XBEL:PPAL) 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.
Prvi Partizan Alfaplast a.d Return-on-Tangible-Equity Related Terms
Prvi Partizan Alfaplast a.d Return-on-Tangible-Equity Historical Data
* 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.
Prvi Partizan Alfaplast a.d Return-on-Tangible-Equity Chart
Prvi Partizan Alfaplast a.d Annual Data
Trend
Return-on-Tangible-Equity
Prvi Partizan Alfaplast a.d Semi-Annual Data
Return-on-Tangible-Equity
XBEL:PPAL vs : Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Prvi Partizan Alfaplast a.d'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.
Prvi Partizan Alfaplast a.d Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Prvi Partizan Alfaplast a.d's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Prvi Partizan Alfaplast a.d'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 one times the annual (. 20) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Prvi Partizan Alfaplast a.d (XBEL:PPAL) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Prvi Partizan Alfaplast a.d and its competitors.
Is Prvi Partizan Alfaplast a.d's Return-on-Tangible-Equity too high?
Prvi Partizan Alfaplast a.d's current Return-on-Tangible-Equity is 0.00%.
How does Prvi Partizan Alfaplast a.d's Return-on-Tangible-Equity compare to ?
Prvi Partizan Alfaplast a.d's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Industrial Distribution industry. The industry median Return-on-Tangible-Equity is 8.96. 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 Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 155 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. 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 Prvi Partizan Alfaplast a.d and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prvi Partizan Alfaplast a.d's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prvi Partizan Alfaplast a.d stock overvalued right now?
Prvi Partizan Alfaplast a.d (XBEL:PPAL) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Prvi Partizan Alfaplast a.d (XBEL:PPAL), the current Return-on-Tangible-Equity is 0.00% as of . 20. 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.
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