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Paper Converting Co (XMAU:PCCL.I0000) Return-on-Tangible-Equity : 2.80% (As of Dec. 2023)


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What is Paper Converting Co 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. Paper Converting Co's annualized net income for the quarter that ended in Dec. 2023 was MUR9.5 Mil. Paper Converting Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was MUR339.8 Mil. Therefore, Paper Converting Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 2.80%.

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

XMAU:PCCL.I0000' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.46   Med: 0.85   Max: 3.05
Current: 2.8

During the past 7 years, Paper Converting Co's highest Return-on-Tangible-Equity was 3.05%. The lowest was -1.46%. And the median was 0.85%.

XMAU:PCCL.I0000's Return-on-Tangible-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 7.775 vs XMAU:PCCL.I0000: 2.80

Paper Converting Co Return-on-Tangible-Equity Historical Data

The historical data trend for Paper Converting Co'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.

Paper Converting Co Return-on-Tangible-Equity Chart

Paper Converting Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial -0.12 0.85 1.36 3.05 2.80

Paper Converting Co Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial -0.12 0.85 1.36 3.05 2.80

Competitive Comparison of Paper Converting Co's Return-on-Tangible-Equity

For the Household & Personal Products subindustry, Paper Converting Co'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.


Paper Converting Co's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Paper Converting Co's Return-on-Tangible-Equity falls into.



Paper Converting Co Return-on-Tangible-Equity Calculation

Paper Converting Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=9.512/( (316.334+363.283 )/ 2 )
=9.512/339.8085
=2.80 %

Paper Converting Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=9.512/( (316.334+363.283)/ 2 )
=9.512/339.8085
=2.80 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Paper Converting Co  (XMAU:PCCL.I0000) 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.


Paper Converting Co Return-on-Tangible-Equity Related Terms

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Paper Converting Co (XMAU:PCCL.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Bonne Terre, Vacoas, MUS, 73304
Paper Converting Co Ltd is a manufacturer of tissue and toilet paper based in Mauritius. It offers a wide array of paper products with quality ranging from basic to premium. It produces toilet and tissue paper under the brand name Kleenex. Geographically, it generates the majority of its revenue from the domestic market.

Paper Converting Co (XMAU:PCCL.I0000) Headlines

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