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. REXAM's annualized net income for the quarter that ended in Dec. 2015 was $380 Mil. REXAM's average shareholder tangible equity for the quarter that ended in Dec. 2015 was $75 Mil. Therefore, REXAM's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2015 was 507.32%.
The historical rank and industry rank for REXAM's Return-on-Tangible-Equity or its related term are showing as below:
REXMY's Return-on-Tangible-Equity is not ranked *
in the Packaging & Containers industry.
Industry Median: 7 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
REXAM Return-on-Tangible-Equity Historical Data
The historical data trend for REXAM'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.
Competitive Comparison of REXAM's Return-on-Tangible-Equity
For the Packaging & Containers subindustry, REXAM'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.
REXAM's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, REXAM's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where REXAM's Return-on-Tangible-Equity falls into.
REXAM Return-on-Tangible-Equity Calculation
REXAM's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 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 (Dec. 2015) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
REXAM Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of REXAM's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
REXAM PLC was incorporated on July 13, 1923. It is a consumer packaging group and a beverage can maker. The Company is a manufacturer of beverage cans, the majority of which are made of aluminium. It makes all sorts of cans, in different shapes and sizes with different finishes, decorations and ends. It is based in the UK, and has factories across five continents. It is organised into four operating segments for Beverage Cans based on the geographical locations of Europe, AMEA (Africa, Middle East & Asia), North America and South America. For external reporting, the four operating segments for Beverage Cans are combined into two reportable segments, Americas and Europe & Rest of World. It makes a broad range of can sizes for products such as carbonated soft drinks, beer, energy drinks and other drinks categories. Beverage Cans comprise aluminium and steel cans for a variety of beverages including carbonated soft drinks, beer and energy drinks. The Company's customers include many of the world's favourite brands.
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