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FBC Holdings (XZIM:FBC.ZW) Return-on-Tangible-Equity : -11.65% (As of Dec. 2023)


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What is FBC Holdings 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. FBC Holdings's annualized net income for the quarter that ended in Dec. 2023 was ZWL-77,021 Mil. FBC Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ZWL661,130 Mil. Therefore, FBC Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -11.65%.

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

XZIM:FBC.ZW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -65.31   Med: 31.8   Max: 108.2
Current: 70.9

During the past 8 years, FBC Holdings's highest Return-on-Tangible-Equity was 108.20%. The lowest was -65.31%. And the median was 31.80%.

XZIM:FBC.ZW's Return-on-Tangible-Equity is ranked better than
98.69% of 1455 companies
in the Banks industry
Industry Median: 10.72 vs XZIM:FBC.ZW: 70.90

FBC Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for FBC Holdings'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.

FBC Holdings Return-on-Tangible-Equity Chart

FBC Holdings Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial -65.31 41.23 52.42 108.20 85.53

FBC Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 95.99 176.51 83.57 214.60 -11.65

Competitive Comparison of FBC Holdings's Return-on-Tangible-Equity

For the Banks - Regional subindustry, FBC Holdings'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.


FBC Holdings's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FBC Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FBC Holdings's Return-on-Tangible-Equity falls into.



FBC Holdings Return-on-Tangible-Equity Calculation

FBC Holdings'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 )
=327243.72/( (62344.934+702852.172 )/ 2 )
=327243.72/382598.553
=85.53 %

FBC Holdings'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-77020.984/( (619408.032+702852.172)/ 2 )
=-77020.984/661130.102
=-11.65 %

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


FBC Holdings  (XZIM:FBC.ZW) 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.


FBC Holdings Return-on-Tangible-Equity Related Terms

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


FBC Holdings (XZIM:FBC.ZW) Business Description

Traded in Other Exchanges
N/A
Address
45 Nelson Mandela Avenue, 6th Floor, FBC Centre, P.O. Box 1227, Harare, ZWE
FBC Holdings Ltd is an investment holding company. The company through its subsidiaries operates its six segments namely Commercial banking, Microlending, Mortgage financing, Short-term reinsurance, Short-term insurance, and stockbroking. The commercial banking segment consists of dealing in the money and foreign exchange markets, retail, corporate and international banking, and corporate finance. The Mortgage financing segment consists of housing development, mortgage lending, savings deposit accounts, and other money market investment products. It earns maximum revenue from its commercial banking segment.

FBC Holdings (XZIM:FBC.ZW) Headlines

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