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InRetail Peru (LIM:INRETC1) Return-on-Tangible-Equity : 55.18% (As of Mar. 2024)


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What is InRetail Peru 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. InRetail Peru's annualized net income for the quarter that ended in Mar. 2024 was $237 Mil. InRetail Peru's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $430 Mil. Therefore, InRetail Peru's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 55.18%.

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

LIM:INRETC1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.14   Med: 20.6   Max: 122.05
Current: 78.62

During the past 13 years, InRetail Peru's highest Return-on-Tangible-Equity was 122.05%. The lowest was 6.14%. And the median was 20.60%.

LIM:INRETC1's Return-on-Tangible-Equity is ranked better than
91.33% of 1049 companies
in the Retail - Cyclical industry
Industry Median: 7.54 vs LIM:INRETC1: 78.62

InRetail Peru Return-on-Tangible-Equity Historical Data

The historical data trend for InRetail Peru'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.

InRetail Peru Return-on-Tangible-Equity Chart

InRetail Peru Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.31 28.24 64.16 122.05 81.32

InRetail Peru 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 108.24 104.16 70.00 98.98 55.18

Competitive Comparison of InRetail Peru's Return-on-Tangible-Equity

For the Department Stores subindustry, InRetail Peru'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.


InRetail Peru's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, InRetail Peru's Return-on-Tangible-Equity distribution charts can be found below:

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



InRetail Peru Return-on-Tangible-Equity Calculation

InRetail Peru'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 )
=250.6/( (216.672+399.676 )/ 2 )
=250.6/308.174
=81.32 %

InRetail Peru'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 )
=237.236/( (399.676+460.218)/ 2 )
=237.236/429.947
=55.18 %

* 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.


InRetail Peru  (LIM:INRETC1) 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.


InRetail Peru Return-on-Tangible-Equity Related Terms

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InRetail Peru (LIM:INRETC1) Business Description

Traded in Other Exchanges
Address
Calle Morelli 181, San Borja, Lima, PER
InRetail Peru Corp is a Peru-based company engaged in the development of retail businesses. The company's reportable segments include Food Retail; Pharmacies; Distribution; Shopping Malls, and Digital. It generates the majority of its revenue from the Food Retail segment. Geographically, it derives a majority of its revenue from Peru and also has a presence in Ecuador and Other countries. The company brands include Plaza Vea, Plaza Vea Super, Plaza Vea Express, Vivanda, Mass, and Makro brands.

InRetail Peru (LIM:INRETC1) Headlines

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