Padiberas Nasional Bhd (XKLS:6866) Return-on-Tangible-Equity : 11.24% (As of Sep. 2013)

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What is Padiberas Nasional Bhd 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. Padiberas Nasional Bhd's annualized net income for the quarter that ended in Sep. 2013 was RM139 Mil. Padiberas Nasional Bhd's average shareholder tangible equity for the quarter that ended in Sep. 2013 was RM1,238 Mil. Therefore, Padiberas Nasional Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2013 was 11.24%.

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

XKLS:6866's Return-on-Tangible-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 7.75
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Padiberas Nasional Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Padiberas Nasional Bhd'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.

Padiberas Nasional Bhd Return-on-Tangible-Equity Chart

Padiberas Nasional Bhd Annual Data

Trend

Dec10

Dec11

Dec12

Return-on-Tangible-Equity

14.09

9.35

Padiberas Nasional Bhd Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Return-on-Tangible-Equity	Get a 7-Day Free Trial			6.20	9.70	11.12	8.37	11.24

Competitive Comparison of Padiberas Nasional Bhd's Return-on-Tangible-Equity

For the Farm Products subindustry, Padiberas Nasional Bhd'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.

Padiberas Nasional Bhd's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Padiberas Nasional Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Padiberas Nasional Bhd's Return-on-Tangible-Equity falls into.

Padiberas Nasional Bhd Return-on-Tangible-Equity Calculation

Padiberas Nasional Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	109.942	/	( (1195.096	+	1156.252 )	/ 2 )
	=	109.942	/	1175.674
	=	9.35 %

Padiberas Nasional Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2013 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	139.12	/	( (1220.568	+	1254.988)	/ 2 )
	=	139.12	/	1237.778
	=	11.24 %

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

Padiberas Nasional Bhd (XKLS:6866) 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.

Padiberas Nasional Bhd Return-on-Tangible-Equity Related Terms

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Padiberas Nasional Bhd (XKLS:6866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Padiberas Nasional Bhd (XKLS:6866) » Definitions » Return-on-Tangible-Equity

Traded in Other Exchanges

N/A

Address

Website

http://www.bernas.com.my

Padiberas Nasional Bhd is engaged in procuring, collecting, processing, importing, exporting, purchasing, storing, packaging & distribution of rice, paddy & other grains. It involves activities like seed production, R & D of paddy seeds etc.

Padiberas Nasional Bhd (XKLS:6866) Headlines

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