What is EN+ GROUP International PJSC 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. EN+ GROUP International PJSC's annualized net income for the quarter that ended in Jun. 2023 was ₽77,913 Mil. EN+ GROUP International PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₽348,289 Mil. Therefore, EN+ GROUP International PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 22.37%.
The historical rank and industry rank for EN+ GROUP International PJSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:ENPG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.08 Med: 69.63 Max: 1511.63
Current: 11.08
During the past 9 years, EN+ GROUP International PJSC's highest Return-on-Tangible-Equity was 1,511.63%. The lowest was 11.08%. And the median was 69.63%.
MIC:ENPG's Return-on-Tangible-Equity is ranked better than 90.32% of 2459
companies
in the Metals & Mining industry
Industry Median: -16.39
vs MIC:ENPG: 11.08
EN+ GROUP International PJSC Return-on-Tangible-Equity Historical Data
* 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.
EN+ GROUP International PJSC Return-on-Tangible-Equity Chart
Competitive Comparison of EN+ GROUP International PJSC's Return-on-Tangible-Equity
For the Aluminum subindustry, EN+ GROUP International PJSC'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.
EN+ GROUP International PJSC's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, EN+ GROUP International PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where EN+ GROUP International PJSC's Return-on-Tangible-Equity falls into.
EN+ GROUP International PJSC Return-on-Tangible-Equity Calculation
EN+ GROUP International PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as
* 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 two times the semi-annual (Jun. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
EN+ GROUP International PJSC (MIC:ENPG) 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.
EN+ GROUP International PJSC Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of EN+ GROUP International PJSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
EN+ GROUP International PJSC (MIC:ENPG) Business Description
EN+ GROUP International PJSC is engaged in the production of aluminum, energy generation, and distribution, and other businesses. It operates through two business segments namely, the Metal segment and the Power segment. The Metals segment's operations include the extraction and refinement of bauxite into alumina and the production and sale of primary aluminum, alumina, and related products. It generates maximum revenue from the Metal segment. Geographically, it derives a majority of its revenue from Russia and also has a presence in Turkey; Netherlands; USA; South Korea; Italy; Poland; Japan; Germany; France; Norway; Greece; Sweden; China, and Other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIC:ENPG has been successfully added to your 