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AOKI Holdings (TSE:8214) Return-on-Tangible-Equity : 5.60% (As of Dec. 2023)


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What is AOKI Holdings 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. AOKI Holdings's annualized net income for the quarter that ended in Dec. 2023 was 円7,036 Mil. AOKI Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was 円125,616 Mil. Therefore, AOKI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 5.60%.

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

TSE:8214' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.4   Med: 4.93   Max: 7.87
Current: 6

During the past 13 years, AOKI Holdings's highest Return-on-Tangible-Equity was 7.87%. The lowest was -9.40%. And the median was 4.93%.

TSE:8214's Return-on-Tangible-Equity is ranked worse than
54.72% of 1049 companies
in the Retail - Cyclical industry
Industry Median: 7.54 vs TSE:8214: 6.00

AOKI Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for AOKI Holdings'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.

AOKI Holdings Return-on-Tangible-Equity Chart

AOKI Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 -9.40 2.11 4.56 5.94

AOKI Holdings 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 12.02 4.61 2.00 5.60 11.73

Competitive Comparison of AOKI Holdings's Return-on-Tangible-Equity

For the Apparel Retail subindustry, AOKI Holdings'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.


AOKI Holdings's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

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

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



AOKI Holdings Return-on-Tangible-Equity Calculation

AOKI Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=7574/( (124961+129985 )/ 2 )
=7574/127473
=5.94 %

AOKI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=7036/( (125392+125839)/ 2 )
=7036/125615.5
=5.60 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AOKI Holdings  (TSE:8214) 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.


AOKI Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of AOKI Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


AOKI Holdings (TSE:8214) Business Description

Traded in Other Exchanges
N/A
Address
6-56, Katsuraya, Tsuzuki-ku, Yokohama, JPN, 224-8588
AOKI Holdings Inc is a holding company involved in the Fashion business, Anniversaire and bridal business and Entertainment business segments. The fashion business segment comprises the operation of retail chain stores for men's and women's apparel under the brand names of AOKI. Anniversaire and bridal segment offer guesthouse style format for ceremonies and receptions for couples to hold their weddings and anniversaries. The entertainment segment comprises the operation of karaoke restaurants and bars under the brand name of Cote d'Azur and also offers relaxation and refreshing activities in Kaikatsu club.

AOKI Holdings (TSE:8214) Headlines

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