SHP Celex a.d (XBLB:CELX-R-A) Return-on-Tangible-Equity: -15.70% (As of Dec. 2013)


What is SHP Celex a.d Return-on-Tangible-Equity?

SHP Celex a.d XBLB:CELX-R-A Return-on-Tangible-Equity is -15.70% as of Dec. 2013.

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. SHP Celex a.d's annualized net income for the quarter that ended in Dec. 2013 was BAM-1.30 Mil. SHP Celex a.d's average shareholder tangible equity for the quarter that ended in Dec. 2013 was BAM8.26 Mil. Therefore, SHP Celex a.d's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 was -15.70%.

The historical rank and industry rank for SHP Celex a.d's Return-on-Tangible-Equity or its related term are showing as below:

XBLB:CELX-R-A's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.715
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

SHP Celex a.d  (XBLB:CELX-R-A) 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.


SHP Celex a.d Return-on-Tangible-Equity Related Terms


SHP Celex a.d Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for SHP Celex a.d'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.

SHP Celex a.d Return-on-Tangible-Equity Chart

SHP Celex a.d Annual Data
Trend Dec12 Dec13
Return-on-Tangible-Equity
-46.60 -15.70

SHP Celex a.d Semi-Annual Data
Dec12 Dec13
Return-on-Tangible-Equity -46.60 -15.70

XBLB:CELX-R-A vs RBCL, PNAT, JOEY: Return-on-Tangible-Equity Comparison

For the Household & Personal Products subindustry, SHP Celex 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.


SHP Celex a.d Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SHP Celex a.d's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SHP Celex a.d's Return-on-Tangible-Equity falls into.



SHP Celex a.d Return-on-Tangible-Equity Calculation

SHP Celex a.d's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-1.297/( (8.882+7.639 )/ 2 )
=-1.297/8.2605
=-15.70 %

SHP Celex a.d's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2013 )  (Q: Dec. 2012 )(Q: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2013 )  (Q: Dec. 2012 )(Q: Dec. 2013 )
=-1.297/( (8.882+7.639)/ 2 )
=-1.297/8.2605
=-15.70 %

* 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 (Dec. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -15.70% mean?
SHP Celex a.d (XBLB:CELX-R-A) has a Return-on-Tangible-Equity of -15.70% as of Dec. 2013. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SHP Celex a.d and its competitors.
Is SHP Celex a.d's Return-on-Tangible-Equity too high?
SHP Celex a.d's current Return-on-Tangible-Equity is -15.70%.
How does SHP Celex a.d's Return-on-Tangible-Equity compare to RBCL and PNAT?
SHP Celex a.d's Return-on-Tangible-Equity of -15.70% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Equity is 7.72. 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.72, based on 1,872 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 SHP Celex a.d and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHP Celex a.d's current Return-on-Tangible-Equity is -15.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHP Celex a.d stock overvalued right now?
SHP Celex a.d (XBLB:CELX-R-A) has a current Return-on-Tangible-Equity of -15.70%. The current Return-on-Tangible-Equity is -15.70%. 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 SHP Celex a.d (XBLB:CELX-R-A), the current Return-on-Tangible-Equity is -15.70% as of Dec. 2013. 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.

SHP Celex a.d Business Description

Address Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102
SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.