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Iberpapel Gestion (XMAD:IBG) Return-on-Tangible-Equity : 5.09% (As of Mar. 2024)


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What is Iberpapel Gestion 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. Iberpapel Gestion's annualized net income for the quarter that ended in Mar. 2024 was €15.7 Mil. Iberpapel Gestion's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €308.9 Mil. Therefore, Iberpapel Gestion's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 5.09%.

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

XMAD:IBG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.62   Med: 6.87   Max: 11.66
Current: 11.66

During the past 13 years, Iberpapel Gestion's highest Return-on-Tangible-Equity was 11.66%. The lowest was 1.62%. And the median was 6.87%.

XMAD:IBG's Return-on-Tangible-Equity is ranked better than
73.52% of 287 companies
in the Forest Products industry
Industry Median: 4.11 vs XMAD:IBG: 11.66

Iberpapel Gestion Return-on-Tangible-Equity Historical Data

The historical data trend for Iberpapel Gestion'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.

Iberpapel Gestion Return-on-Tangible-Equity Chart

Iberpapel Gestion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.31 8.37 1.62 3.59 5.92

Iberpapel Gestion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 14.09 5.67 9.63 32.89 5.09

Competitive Comparison of Iberpapel Gestion's Return-on-Tangible-Equity

For the Paper & Paper Products subindustry, Iberpapel Gestion'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.


Iberpapel Gestion's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Iberpapel Gestion's Return-on-Tangible-Equity distribution charts can be found below:

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



Iberpapel Gestion Return-on-Tangible-Equity Calculation

Iberpapel Gestion's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=15.836/( (259.016+275.829 )/ 2 )
=15.836/267.4225
=5.92 %

Iberpapel Gestion'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 )
=15.732/( (307.293+310.566)/ 2 )
=15.732/308.9295
=5.09 %

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


Iberpapel Gestion  (XMAD:IBG) 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.


Iberpapel Gestion Return-on-Tangible-Equity Related Terms

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Iberpapel Gestion (XMAD:IBG) Business Description

Traded in Other Exchanges
Address
Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010
Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

Iberpapel Gestion (XMAD:IBG) Headlines

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