GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Abercrombie & Fitch Co (NYSE:ANF) » Definitions » Return-on-Tangible-Equity

Abercrombie & Fitch Co (Abercrombie & Fitch Co) Return-on-Tangible-Equity : 66.67% (As of Jan. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Abercrombie & Fitch Co 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. Abercrombie & Fitch Co's annualized net income for the quarter that ended in Jan. 2024 was $634 Mil. Abercrombie & Fitch Co's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $951 Mil. Therefore, Abercrombie & Fitch Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 66.67%.

The historical rank and industry rank for Abercrombie & Fitch Co's Return-on-Tangible-Equity or its related term are showing as below:

ANF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.43   Med: 3.05   Max: 40.35
Current: 40.35

During the past 13 years, Abercrombie & Fitch Co's highest Return-on-Tangible-Equity was 40.35%. The lowest was -11.43%. And the median was 3.05%.

ANF's Return-on-Tangible-Equity is ranked better than
86.12% of 1052 companies
in the Retail - Cyclical industry
Industry Median: 7.605 vs ANF: 40.35

Abercrombie & Fitch Co Return-on-Tangible-Equity Historical Data

The historical data trend for Abercrombie & Fitch Co'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.

Abercrombie & Fitch Co Return-on-Tangible-Equity Chart

Abercrombie & Fitch Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 -11.43 29.84 0.37 37.93

Abercrombie & Fitch Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 22.87 9.49 30.96 47.09 66.67

Competitive Comparison of Abercrombie & Fitch Co's Return-on-Tangible-Equity

For the Apparel Retail subindustry, Abercrombie & Fitch Co'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.


Abercrombie & Fitch Co's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Abercrombie & Fitch Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Abercrombie & Fitch Co's Return-on-Tangible-Equity falls into.



Abercrombie & Fitch Co Return-on-Tangible-Equity Calculation

Abercrombie & Fitch Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=328.123/( (694.841+1035.16 )/ 2 )
=328.123/865.0005
=37.93 %

Abercrombie & Fitch Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=633.788/( (866.108+1035.16)/ 2 )
=633.788/950.634
=66.67 %

* 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 four times the quarterly (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Abercrombie & Fitch Co  (NYSE:ANF) 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.


Abercrombie & Fitch Co Return-on-Tangible-Equity Related Terms

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


Abercrombie & Fitch Co (Abercrombie & Fitch Co) Business Description

Traded in Other Exchanges
Address
6301 Fitch Path, New Albany, OH, USA, 43054
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Executives
Scott D. Lipesky officer: SVP and CFO 6301 FITCH PATH, NEW ALBANY OH 43054
Kristin A. Scott officer: Brand President-Hollister Co. 6301 FITCH PATH, NEW ALBANY OH 43054
Jay Rust officer: EVP Human Resources 6301 FITCH PATH, NEW ALBANY OH 43054
Samir Desai officer: EVP;Chief Digital&Tech Officer 6301 FITCH PATH, NEW ALBANY OH 43054
Sarah M. Gallagher director 6301 FITCH PATH, NEW ALBANY OH 43054
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Gregory J Henchel officer: SVP, Gen Cnsl & Secy C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729
Fran Horowitz-bonadies officer: President of Hollister brand 6301 FITCH PATH, NEW ALBANY OH 43054
Terry Lee Burman director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Helen Vaid director 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Kerrii B Anderson director WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Suzanne M Coulter director 6301 FITCH PATH, NEW ALBANY OH 43054
Charles R Perrin director C/O AVON PRODUCS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Holly May officer: SVP, Chief HR Officer 6301 FITCH PATH, NEW ALBANY OH 43054
James A Goldman director