GURUFOCUS.COM » STOCK LIST » Ruecker AG (XTER:RUK) » Definitions » Return-on-Tangible-Equity

Ruecker AG (XTER:RUK) Return-on-Tangible-Equity : 13.57% (As of Jun. 2013)


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

What is Ruecker AG 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. Ruecker AG's annualized net income for the quarter that ended in Jun. 2013 was €4.0 Mil. Ruecker AG's average shareholder tangible equity for the quarter that ended in Jun. 2013 was €29.3 Mil. Therefore, Ruecker AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2013 was 13.57%.

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

XTER:RUK's Return-on-Tangible-Equity is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Ruecker AG Return-on-Tangible-Equity Historical Data

The historical data trend for Ruecker AG'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.

Ruecker AG Return-on-Tangible-Equity Chart

Ruecker AG Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.07 5.95 - 20.84 16.59

Ruecker AG Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 13.47 21.88 6.07 18.89 13.57

Competitive Comparison of Ruecker AG's Return-on-Tangible-Equity

For the subindustry, Ruecker AG'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.


Ruecker AG's Return-on-Tangible-Equity Distribution in the Industry

For the industry and sector, Ruecker AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Ruecker AG Return-on-Tangible-Equity Calculation

Ruecker AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=4.838/( (29.063+29.269 )/ 2 )
=4.838/29.166
=16.59 %

Ruecker AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2013 )  (Q: Mar. 2013 )(Q: Jun. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2013 )  (Q: Mar. 2013 )(Q: Jun. 2013 )
=3.984/( (30.671+28.026)/ 2 )
=3.984/29.3485
=13.57 %

* 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 (Jun. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ruecker AG  (XTER:RUK) 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.


Ruecker AG Return-on-Tangible-Equity Related Terms

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


Ruecker AG (XTER:RUK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ruecker AG provides counseling, planning and development services mainly for the automotive and aviation industries. It also offers services for plants, machines, railway vehicles and ships. It is present in Europe, Asia and the Americas.

Ruecker AG (XTER:RUK) Headlines

No Headlines