GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Swisslog Holding AG (XSWX:SLOG) » Definitions » Return-on-Tangible-Equity

Swisslog Holding AG (XSWX:SLOG) Return-on-Tangible-Equity : 14.43% (As of Dec. 2014)


View and export this data going back to . Start your Free Trial

What is Swisslog Holding 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. Swisslog Holding AG's annualized net income for the quarter that ended in Dec. 2014 was CHF4.2 Mil. Swisslog Holding AG's average shareholder tangible equity for the quarter that ended in Dec. 2014 was CHF29.1 Mil. Therefore, Swisslog Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was 14.43%.

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

XSWX:SLOG's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.52
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Swisslog Holding AG Return-on-Tangible-Equity Historical Data

The historical data trend for Swisslog Holding 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.

Swisslog Holding AG Return-on-Tangible-Equity Chart

Swisslog Holding AG Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.94 18.18 15.60 36.06 14.79

Swisslog Holding AG Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.97 14.36 60.40 12.94 14.43

Competitive Comparison of Swisslog Holding AG's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Swisslog Holding 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.


Swisslog Holding AG's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

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

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



Swisslog Holding AG Return-on-Tangible-Equity Calculation

Swisslog Holding AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=4.4/( (36.2+23.3 )/ 2 )
=4.4/29.75
=14.79 %

Swisslog Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=4.2/( (34.9+23.3)/ 2 )
=4.2/29.1
=14.43 %

* 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 (Dec. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Swisslog Holding AG  (XSWX:SLOG) 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.


Swisslog Holding AG Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Swisslog Holding AG's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Swisslog Holding AG (XSWX:SLOG) Business Description

Traded in Other Exchanges
N/A
Address
Swisslog Holding AG was founded in 1898 and is headquartered in Buchs, Switzerland. The Company provides integrated logistics solutions. The company operates through two segments, Healthcare Solutions and Warehouse & Distribution Solutions. The Healthcare Solutions segment provides logistics automation solutions for the movement and processing of materials and medications within and throughout healthcare facilities. It offers automated materials transport systems that transport medication, specimen, and basic supplies in hospitals; and automated drug management systems, which offer medication management for hospital pharmacies. This segment also provides various services, such as consulting, design, manufacturing, installation, and training, as well as customer support, including hotline, maintenance, and modernization services. The Warehouse & Distribution Solutions segment delivers industry-specific solutions for automated warehouses and distribution centers. The segment also provides consulting services, software solutions, logistic equipment, general contracting, implementation, and lifetime support services.

Swisslog Holding AG (XSWX:SLOG) Headlines

No Headlines