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Tyson Foods (FRA:TF7A) Return-on-Tangible-Equity : 26.14% (As of Mar. 2024)


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What is Tyson Foods 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. Tyson Foods's annualized net income for the quarter that ended in Mar. 2024 was €534 Mil. Tyson Foods's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €2,041 Mil. Therefore, Tyson Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 26.14%.

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

FRA:TF7A' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.27   Med: 161.65   Max: 180.29
Current: -26.27

During the past 13 years, Tyson Foods's highest Return-on-Tangible-Equity was 180.29%. The lowest was -26.27%. And the median was 161.65%.

FRA:TF7A's Return-on-Tangible-Equity is ranked worse than
90.51% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 7.755 vs FRA:TF7A: -26.27

Tyson Foods Return-on-Tangible-Equity Historical Data

The historical data trend for Tyson Foods'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.

Tyson Foods Return-on-Tangible-Equity Chart

Tyson Foods Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 185.65 -24.35

Tyson Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -13.87 -64.94 -79.40 19.35 26.14

Competitive Comparison of Tyson Foods's Return-on-Tangible-Equity

For the Farm Products subindustry, Tyson Foods'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.


Tyson Foods's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tyson Foods's Return-on-Tangible-Equity distribution charts can be found below:

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



Tyson Foods Return-on-Tangible-Equity Calculation

Tyson Foods's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-607.176/( (2966.37+2021.109 )/ 2 )
=-607.176/2493.7395
=-24.35 %

Tyson Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=533.6/( (2034.823+2047.92)/ 2 )
=533.6/2041.3715
=26.14 %

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


Tyson Foods  (FRA:TF7A) 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.


Tyson Foods Return-on-Tangible-Equity Related Terms

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


Tyson Foods (FRA:TF7A) Business Description

Traded in Other Exchanges
Address
2200 West Don Tyson Parkway, Springdale, AR, USA, 72762-6999
Tyson Foods is a protein-focused food producer, selling raw chicken, beef, pork, and prepared foods. Chicken and beef are its two largest segments, each comprising about one-third of U.S. sales. Prepared foods constitute roughly 20% of sales and include brands like Tyson, Jimmy Dean, Hillshire Farm, Ball Park, and Sara Lee. However, most of these are in product categories rife with competition where Tyson does not have a massive market share lead. Tyson sells some products overseas, but the international segment accounts for just 5% of total revenue. The company is an active acquirer, with more recent years' purchases focused on international and food-service markets.

Tyson Foods (FRA:TF7A) Headlines

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