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Infranor Inter AG (XSWX:INI) Return-on-Tangible-Equity : 70.93% (As of Apr. 2014)


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What is Infranor Inter AG 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. Infranor Inter AG's annualized net income for the quarter that ended in Apr. 2014 was CHF1.98 Mil. Infranor Inter AG's average shareholder tangible equity for the quarter that ended in Apr. 2014 was CHF2.79 Mil. Therefore, Infranor Inter AG's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2014 was 70.93%.

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

XSWX:INI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -164.85   Med: 33.58   Max: 4928.95
Current: 35.91

During the past 12 years, Infranor Inter AG's highest Return-on-Tangible-Equity was 4,928.95%. The lowest was -164.85%. And the median was 33.58%.

XSWX:INI's Return-on-Tangible-Equity is not ranked
in the Industrial Products industry.
Industry Median: 7.53 vs XSWX:INI: 35.91

Infranor Inter AG Return-on-Tangible-Equity Historical Data

The historical data trend for Infranor Inter AG'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.

Infranor Inter AG Return-on-Tangible-Equity Chart

Infranor Inter AG Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4,928.95 80.35 51.97 34.81

Infranor Inter AG Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14
Return-on-Tangible-Equity Get a 7-Day Free Trial 107.06 42.04 65.09 1.39 70.93

Competitive Comparison of Infranor Inter AG's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Infranor Inter AG'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.


Infranor Inter AG's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Infranor Inter AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Infranor Inter AG's Return-on-Tangible-Equity falls into.



Infranor Inter AG Return-on-Tangible-Equity Calculation

Infranor Inter AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2014 )  (A: Apr. 2013 )(A: Apr. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2014 )  (A: Apr. 2013 )(A: Apr. 2014 )
=1.008/( (2.844+2.948 )/ 2 )
=1.008/2.896
=34.81 %

Infranor Inter AG's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2014 )  (Q: Oct. 2013 )(Q: Apr. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2014 )  (Q: Oct. 2013 )(Q: Apr. 2014 )
=1.978/( (2.629+2.948)/ 2 )
=1.978/2.7885
=70.93 %

* 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 two times the semi-annual (Apr. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Infranor Inter AG  (XSWX:INI) 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.


Infranor Inter AG Return-on-Tangible-Equity Related Terms

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Infranor Inter AG (XSWX:INI) Business Description

Traded in Other Exchanges
N/A
Address
Infranor Inter AG was established in 1941. The Company manufactures & markets solutions for industrial automation. It operates in two divisions: Infranor & Cybelec. Its customers are manufacturers of cables & winding machines, industrial sewing machines, welding assembly robots among others. The Infranor division operates as an industry independent specialist in the general servo and drive technology areas. The Cybelec division provides automation equipment for bending presses including controls, input/output units, fieldbus systems, drives, and motors.

Infranor Inter AG (XSWX:INI) Headlines

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