GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yayla Agro Gida Sanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) » Definitions » Return-on-Tangible-Equity

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Return-on-Tangible-Equity : 25.96% (As of Mar. 2024)


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What is Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi 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. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's annualized net income for the quarter that ended in Mar. 2024 was ₺1,611 Mil. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₺6,208 Mil. Therefore, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 25.96%.

The historical rank and industry rank for Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Return-on-Tangible-Equity or its related term are showing as below:

IST:YYLGD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.65   Med: 37.53   Max: 73.25
Current: 50.2

During the past 5 years, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's highest Return-on-Tangible-Equity was 73.25%. The lowest was 7.65%. And the median was 37.53%.

IST:YYLGD's Return-on-Tangible-Equity is ranked better than
92.07% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 7.73 vs IST:YYLGD: 50.20

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Return-on-Tangible-Equity Historical Data

The historical data trend for Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Return-on-Tangible-Equity Chart

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
17.50 7.65 73.25 18.02 8.97

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 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 37.41 70.68 59.51 -69.82 25.96

Competitive Comparison of Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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.


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Return-on-Tangible-Equity falls into.



Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Return-on-Tangible-Equity Calculation

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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 )
=460.495/( (4607.84+5658.532 )/ 2 )
=460.495/5133.186
=8.97 %

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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 )
=1611.496/( (5658.532+6757.11)/ 2 )
=1611.496/6207.821
=25.96 %

* 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.


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi  (IST:YYLGD) 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.


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Return-on-Tangible-Equity Related Terms

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Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Business Description

Traded in Other Exchanges
N/A
Address
Istanbul Road 30.Km Saray Mh. Fatih Sultan, Mehmet Blv. No:327, Kahramankazan, Ankara, TUR, PK 06980
Yayla Agro Gida Sanayi Ve Ticaret Anonim Sirketi engages in manufacturing various food and grains. It focuses on producing, cleaning, and polishing rice and other food products. The firm offers package rice, bulghur, lentil, beans, chickpea, kidney beans, and corn products.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Headlines

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