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First Prudential Modaraba (KAR:PMI) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is First Prudential Modaraba 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. First Prudential Modaraba's annualized net income for the quarter that ended in . 20 was ₨ Mil. First Prudential Modaraba's average shareholder tangible equity for the quarter that ended in . 20 was ₨ Mil. Therefore, First Prudential Modaraba's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

KAR:PMI's Return-on-Tangible-Equity is not ranked *
in the Credit Services industry.
Industry Median: 7.03
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

First Prudential Modaraba Return-on-Tangible-Equity Historical Data

The historical data trend for First Prudential Modaraba'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.

First Prudential Modaraba Return-on-Tangible-Equity Chart

First Prudential Modaraba Annual Data
Trend
Return-on-Tangible-Equity

First Prudential Modaraba Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of First Prudential Modaraba's Return-on-Tangible-Equity

For the Credit Services subindustry, First Prudential Modaraba'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.


First Prudential Modaraba's Return-on-Tangible-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, First Prudential Modaraba's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where First Prudential Modaraba's Return-on-Tangible-Equity falls into.



First Prudential Modaraba Return-on-Tangible-Equity Calculation

First Prudential Modaraba's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

First Prudential Modaraba's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


First Prudential Modaraba  (KAR:PMI) 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.


First Prudential Modaraba Return-on-Tangible-Equity Related Terms

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First Prudential Modaraba (KAR:PMI) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, Horizon Vista, Plot No: Commercial 10, Block No: 4, Clifton, Scheme No.5, Karachi, PAK
First Prudential Modaraba is managed by Prudential Capital Management Limited. It provides various Islamic funding & businesses including ijarah financing, deployment of the fund in musharika, morabaha, and investment in securities. It provides financial assistance for working capital needs, Ijaraha of all types of assets with special emphasis on vehicle and industrial machinery, including securitization of lease portfolio of leasing companies and commercial activities including syndication and leveraged leasing, underwriting of public issue of shares.

First Prudential Modaraba (KAR:PMI) Headlines

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