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Uni-President Enterprises (TPE:1216) Return-on-Tangible-Equity : 26.91% (As of Mar. 2024)


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What is Uni-President Enterprises 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. Uni-President Enterprises's annualized net income for the quarter that ended in Mar. 2024 was NT$22,136 Mil. Uni-President Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2024 was NT$82,268 Mil. Therefore, Uni-President Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 26.91%.

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

TPE:1216' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.9   Med: 18.44   Max: 39.87
Current: 22

During the past 13 years, Uni-President Enterprises's highest Return-on-Tangible-Equity was 39.87%. The lowest was 12.90%. And the median was 18.44%.

TPE:1216's Return-on-Tangible-Equity is ranked better than
81.73% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 7.74 vs TPE:1216: 22.00

Uni-President Enterprises Return-on-Tangible-Equity Historical Data

The historical data trend for Uni-President Enterprises'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.

Uni-President Enterprises Return-on-Tangible-Equity Chart

Uni-President Enterprises 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 20.68 23.30 20.37 16.47 19.66

Uni-President Enterprises 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 17.94 26.85 29.65 7.97 26.91

Competitive Comparison of Uni-President Enterprises's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Uni-President Enterprises'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.


Uni-President Enterprises's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Uni-President Enterprises's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Uni-President Enterprises's Return-on-Tangible-Equity falls into.



Uni-President Enterprises Return-on-Tangible-Equity Calculation

Uni-President Enterprises'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 )
=18336.478/( (109022.247+77533.695 )/ 2 )
=18336.478/93277.971
=19.66 %

Uni-President Enterprises'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 )
=22135.604/( (77533.695+87003.155)/ 2 )
=22135.604/82268.425
=26.91 %

* 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.


Uni-President Enterprises  (TPE:1216) 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.


Uni-President Enterprises Return-on-Tangible-Equity Related Terms

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Uni-President Enterprises (TPE:1216) Business Description

Traded in Other Exchanges
N/A
Address
No. 301, Zhongzheng Road, Yongkang District, Tainan, TWN, 710401
Uni-President Enterprises is one of the largest food conglomerates in Asia. It produces and sells a comprehensive range of food products through its company and affiliates. Core business includes food manufacturing and investments in other related business. Product categories include feeds, flour, edible oils, soy sauce, meat products, instant noodles, bread, beverages, dairy products, frozen food, and health food. Through its network of 200 affiliates, its convenient stores, retail, logistics, construction, finance, and recreation operations are located all across Taiwan, mainland China, and Southeast Asia.

Uni-President Enterprises (TPE:1216) Headlines

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