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Smart Agro LPXTAE:SMAG 10 Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus rates XTAE:SMAG with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 1,587 Asset Management companies, Smart Agro LP ranks worse than 63011.91% on this metric.
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. Smart Agro LP's annualized net income for the quarter that ended in . 20 was ₪ Mil. Smart Agro LP's average shareholder tangible equity for the quarter that ended in . 20 was ₪ Mil. Therefore, Smart Agro LP's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.
The historical rank and industry rank for Smart Agro LP's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:SMAG's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 7.3 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Smart Agro LP Return-on-Tangible-Equity Related Terms
Smart Agro LP Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Smart Agro LP'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.
Smart Agro LP Return-on-Tangible-Equity Chart
Smart Agro LP Annual Data
Trend
Return-on-Tangible-Equity
Smart Agro LP Semi-Annual Data
Return-on-Tangible-Equity
XTAE:SMAG vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Smart Agro LP'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.
Smart Agro LP Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Smart Agro LP's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Smart Agro LP's Return-on-Tangible-Equity falls into.
* 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?
Smart Agro LP (XTAE:SMAG) 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 Smart Agro LP and its competitors. According to the industry distribution chart, Smart Agro LP ranks #999999 out of 1587 companies in the Asset Management industry.
Is Smart Agro LP's Return-on-Tangible-Equity too high?
Smart Agro LP's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Smart Agro LP ranks #999999 out of 1587 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Smart Agro LP has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Smart Agro LP's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Agro LP ranks #999999 out of 1587 companies for Return-on-Tangible-Equity. This places Smart Agro LP in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.30. 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.30, based on 1,587 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 Smart Agro LP and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Agro LP'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 Smart Agro LP stock overvalued right now?
Smart Agro LP (XTAE:SMAG) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Smart Agro LP's overall GF Score™ is 10/100 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 Smart Agro LP (XTAE:SMAG), 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.
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