FZC 11 Oktomvri AD (XMAE:CEVI) Return-on-Tangible-Equity: 0.00% (As of . 20)

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XMAE:CEVI FZC 11 Oktomvri AD XMAE:CEVI
12 GF Score
Price MKD399.00
! 1 Warning Sign
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What is FZC 11 Oktomvri AD Return-on-Tangible-Equity?

FZC 11 Oktomvri AD XMAE:CEVI 12 Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus rates XMAE:CEVI with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

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. FZC 11 Oktomvri AD's annualized net income for the quarter that ended in . 20 was MKD Mil. FZC 11 Oktomvri AD's average shareholder tangible equity for the quarter that ended in . 20 was MKD Mil. Therefore, FZC 11 Oktomvri AD's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for FZC 11 Oktomvri AD's Return-on-Tangible-Equity or its related term are showing as below:

XMAE:CEVI's Return-on-Tangible-Equity is not ranked *
in the Steel industry.
Industry Median: 4.05
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

FZC 11 Oktomvri AD  (XMAE:CEVI) 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.

FZC 11 Oktomvri AD Return-on-Tangible-Equity Related Terms

FZC 11 Oktomvri AD Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for FZC 11 Oktomvri AD'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.

FZC 11 Oktomvri AD Return-on-Tangible-Equity Chart

FZC 11 Oktomvri AD Annual Data
Trend
Return-on-Tangible-Equity

FZC 11 Oktomvri AD Semi-Annual Data
Return-on-Tangible-Equity

FZC 11 Oktomvri AD Return-on-Tangible-Equity Competitor Comparison

For the Steel subindustry, FZC 11 Oktomvri AD'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.

FZC 11 Oktomvri AD Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, FZC 11 Oktomvri AD's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FZC 11 Oktomvri AD's Return-on-Tangible-Equity falls into.


XMAE:CEVI
12GF Score
FZC 11 Oktomvri AD XMAE:CEVI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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FZC 11 Oktomvri AD Return-on-Tangible-Equity Calculation

FZC 11 Oktomvri AD's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

FZC 11 Oktomvri AD's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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?
FZC 11 Oktomvri AD (XMAE:CEVI) 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 FZC 11 Oktomvri AD and its competitors.
Is FZC 11 Oktomvri AD's Return-on-Tangible-Equity too high?
FZC 11 Oktomvri AD's current Return-on-Tangible-Equity is 0.00%. Overall, FZC 11 Oktomvri AD has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does FZC 11 Oktomvri AD's Return-on-Tangible-Equity compare to competitors?
FZC 11 Oktomvri AD's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Steel industry. The industry median Return-on-Tangible-Equity is 4.05. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.05, based on 615 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 FZC 11 Oktomvri AD and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FZC 11 Oktomvri AD'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 FZC 11 Oktomvri AD stock overvalued right now?
FZC 11 Oktomvri AD (XMAE:CEVI) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. FZC 11 Oktomvri AD's overall GF Score™ is 12/100 with 1 warning sign 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 FZC 11 Oktomvri AD (XMAE:CEVI), 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.

FZC 11 Oktomvri AD Business Description

Address 11 Noemvri No. 87, Kumanovo, MKD, 1300
FZC 11 Oktomvri AD produces electro-welded tubes and profiles. The company's business activities include the production and sale of welded pipes and profiles, installation of pipelines, oil pipelines, water pipelines, and gas pipelines on the domestic and foreign markets. Its product portfolio includes Conduit tubes, Construction tubes, precision tubes, open profiles, ZP profiles, and Galvanized steel strips.
12GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD399.00
Price