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SMB Cote d'IvoireXBRV:SMBC 53 Return-on-Tangible-Equity is 24.72% as of Dec. 2024, which is 50% below its 10-year median of 49.59. GuruFocus rates XBRV:SMBC with a GF Score™ of 53/100. The stock has 11 warning signs investors should review. Among 1,574 Chemicals companies, SMB Cote d'Ivoire ranks better than 92.63% on this metric.
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. SMB Cote d'Ivoire's annualized net income for the quarter that ended in Dec. 2024 was XOF8,698 Mil. SMB Cote d'Ivoire's average shareholder tangible equity for the quarter that ended in Dec. 2024 was XOF35,192 Mil. Therefore, SMB Cote d'Ivoire's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 24.72%.
The historical rank and industry rank for SMB Cote d'Ivoire's Return-on-Tangible-Equity or its related term are showing as below:
XBRV:SMBC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.46 Med: 49.59 Max: 194.36
Current: 24.72
During the past 13 years, SMB Cote d'Ivoire's highest Return-on-Tangible-Equity was 194.36%. The lowest was 0.46%. And the median was 49.59%.
XBRV:SMBC's Return-on-Tangible-Equity is ranked better than 92.63% of 1574
companies
in the Chemicals industry
Industry Median: 6.02
vs XBRV:SMBC: 24.72
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.
SMB Cote d'Ivoire Return-on-Tangible-Equity Related Terms
SMB Cote d'Ivoire Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SMB Cote d'Ivoire'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.
XBRV:SMBC vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.
SMB Cote d'Ivoire Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SMB Cote d'Ivoire'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 (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 24.72% mean?
SMB Cote d'Ivoire (XBRV:SMBC) has a Return-on-Tangible-Equity of 24.72% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SMB Cote d'Ivoire and its competitors. This is 50% below median its historical median of 49.59. Over the past decade, SMB Cote d'Ivoire's Return-on-Tangible-Equity has ranged from 0.46 to 194.36. According to the industry distribution chart, SMB Cote d'Ivoire ranks #116 out of 1574 companies in the Chemicals industry, placing it in the top 7.4%.
Is SMB Cote d'Ivoire's Return-on-Tangible-Equity too high?
SMB Cote d'Ivoire's current Return-on-Tangible-Equity of 24.72% is 50% below median its 10-year median of 49.59. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 194.36. The Chemicals industry median Return-on-Tangible-Equity is 6.02. SMB Cote d'Ivoire's value of 24.72% is 310.6% above this industry median. Based on the distribution chart, SMB Cote d'Ivoire ranks #116 out of 1574 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, SMB Cote d'Ivoire has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SMB Cote d'Ivoire's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, SMB Cote d'Ivoire ranks #116 out of 1574 companies for Return-on-Tangible-Equity. This places SMB Cote d'Ivoire in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.02. SMB Cote d'Ivoire's value of 24.72% is 310.6% above this benchmark. Historically, SMB Cote d'Ivoire's own Return-on-Tangible-Equity has ranged from 0.46 to 194.36 over the past decade. While the company's 10-year median is 49.59 vs. the industry median of 6.02, SMB Cote d'Ivoire has consistently been above the industry average. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 6.02, based on 1,574 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. SMB Cote d'Ivoire's current Return-on-Tangible-Equity of 24.72% is 310.6% above the industry median. 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 SMB Cote d'Ivoire and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMB Cote d'Ivoire's current Return-on-Tangible-Equity is 24.72%, which is 50% below median its own 10-year median of 49.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMB Cote d'Ivoire stock overvalued right now?
SMB Cote d'Ivoire (XBRV:SMBC) has a current Return-on-Tangible-Equity of 24.72%. The current Return-on-Tangible-Equity is 24.72%, which is 50% below median its 10-year median of 49.59 and 310.6% above the Chemicals industry median of 6.02. SMB Cote d'Ivoire's overall GF Score™ is 53/100 with 11 warning signs to review. 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 SMB Cote d'Ivoire (XBRV:SMBC), the current Return-on-Tangible-Equity is 24.72% as of Dec. 2024. 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.
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.
53GF Score
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