GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Empresas CMPC SA (XSGO:CMPC) » Definitions » Return-on-Tangible-Equity

Empresas CMPC (XSGO:CMPC) Return-on-Tangible-Equity : 11.51% (As of Mar. 2024)


View and export this data going back to 1982. Start your Free Trial

What is Empresas CMPC 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. Empresas CMPC's annualized net income for the quarter that ended in Mar. 2024 was CLP729,203 Mil. Empresas CMPC's average shareholder tangible equity for the quarter that ended in Mar. 2024 was CLP6,337,458 Mil. Therefore, Empresas CMPC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 11.51%.

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

XSGO:CMPC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.37   Med: 1.54   Max: 13.75
Current: 6.14

During the past 13 years, Empresas CMPC's highest Return-on-Tangible-Equity was 13.75%. The lowest was -0.37%. And the median was 1.54%.

XSGO:CMPC's Return-on-Tangible-Equity is ranked better than
59.37% of 288 companies
in the Forest Products industry
Industry Median: 4.11 vs XSGO:CMPC: 6.14

Empresas CMPC Return-on-Tangible-Equity Historical Data

The historical data trend for Empresas CMPC'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.

Empresas CMPC Return-on-Tangible-Equity Chart

Empresas CMPC 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 1.10 -0.37 7.93 13.75 6.49

Empresas CMPC 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 11.49 6.54 4.71 1.86 11.51

Competitive Comparison of Empresas CMPC's Return-on-Tangible-Equity

For the Paper & Paper Products subindustry, Empresas CMPC'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.


Empresas CMPC's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Empresas CMPC's Return-on-Tangible-Equity distribution charts can be found below:

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



Empresas CMPC Return-on-Tangible-Equity Calculation

Empresas CMPC'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 )
=410497.747/( (6404812.877+6252748.701 )/ 2 )
=410497.747/6328780.789
=6.49 %

Empresas CMPC'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 )
=729203.056/( (6252748.701+6422166.47)/ 2 )
=729203.056/6337457.5855
=11.51 %

* 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.


Empresas CMPC  (XSGO:CMPC) 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.


Empresas CMPC Return-on-Tangible-Equity Related Terms

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


Empresas CMPC (XSGO:CMPC) Business Description

Traded in Other Exchanges
N/A
Address
Agustinas 1343, Santiago, CHL
Empresas CMPC SA produces and sells pulp, paper, packaging, tissue paper, and other paper products. The firm organizes itself into three segments based on product type. The pulp forestry segment, which generates the majority of revenue, harvests timber and sells pulp, which is used to make paper products. The paper segment sells a variety of paper products. The tissue segment sells tissue papers. The majority of revenue comes from Latin America. The majority of the company's shares outstanding are owned by Matte Group.

Empresas CMPC (XSGO:CMPC) Headlines

No Headlines