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BAVARIA Industries Group AG (XTER:B8A) Return-on-Tangible-Equity : 1.33% (As of Jun. 2023)


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What is BAVARIA Industries Group 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. BAVARIA Industries Group AG's annualized net income for the quarter that ended in Jun. 2023 was €4.1 Mil. BAVARIA Industries Group AG's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €304.8 Mil. Therefore, BAVARIA Industries Group AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 1.33%.

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

XTER:B8A' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.25   Med: 5.08   Max: 76.95
Current: -1.65

During the past 13 years, BAVARIA Industries Group AG's highest Return-on-Tangible-Equity was 76.95%. The lowest was -5.25%. And the median was 5.08%.

XTER:B8A's Return-on-Tangible-Equity is ranked worse than
75.63% of 1674 companies
in the Asset Management industry
Industry Median: 5.08 vs XTER:B8A: -1.65

BAVARIA Industries Group AG Return-on-Tangible-Equity Historical Data

The historical data trend for BAVARIA Industries Group 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.

BAVARIA Industries Group AG Return-on-Tangible-Equity Chart

BAVARIA Industries Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 0.68 -5.25 5.98 1.86

BAVARIA Industries Group AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.06 6.02 8.24 -4.60 1.33

Competitive Comparison of BAVARIA Industries Group AG's Return-on-Tangible-Equity

For the Asset Management subindustry, BAVARIA Industries Group 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.


BAVARIA Industries Group AG's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BAVARIA Industries Group AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where BAVARIA Industries Group AG's Return-on-Tangible-Equity falls into.



BAVARIA Industries Group AG Return-on-Tangible-Equity Calculation

BAVARIA Industries Group AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=5.652/( (304.454+304.341 )/ 2 )
=5.652/304.3975
=1.86 %

BAVARIA Industries Group AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=4.066/( (304.341+305.194)/ 2 )
=4.066/304.7675
=1.33 %

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


BAVARIA Industries Group AG  (XTER:B8A) 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.


BAVARIA Industries Group AG Return-on-Tangible-Equity Related Terms

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BAVARIA Industries Group AG (XTER:B8A) Business Description

Traded in Other Exchanges
Address
Bavariaring 24, Munich, DEU, 80336
BAVARIA Industries Group AG is a Germany-based holding company that acquires underperforming companies and boosts their performance through active management. The company's portfolio comprises companies from the areas of serial production and automotive, plant engineering and construction, and business services. It pursues three objectives, cutting costs, developing new sources of turnover and protecting jobs wherever possible. It relies on the initiative of the investee company's workforce to boost innovation and avoid all forms of waste, such as reject rates or unnecessary downtime during production.

BAVARIA Industries Group AG (XTER:B8A) Headlines

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