Federal Screw Works (Federal Screw Works) Return-on-Tangible-Equity : -9.69% (As of Dec. 2004)

Federal Screw Works Return-on-Tangible-Equity Chart

Federal Screw Works Annual Data
	Trend	Jun95	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04
Return-on-Tangible-Equity		Get a 7-Day Free Trial					18.06	7.91	7.45	5.76	2.23

Federal Screw Works Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
Return-on-Tangible-Equity	Get a 7-Day Free Trial															0.79	4.06	4.34	-6.90	-9.69

Competitive Comparison of Federal Screw Works's Return-on-Tangible-Equity

For the Tools & Accessories subindustry, Federal Screw Works'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.

Federal Screw Works's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Return-on-Tangible-Equity falls into.

Federal Screw Works Return-on-Tangible-Equity Calculation

Federal Screw Works's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2004 is calculated as

Federal Screw Works's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2004 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 four times the quarterly (Dec. 2004) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Federal Screw Works  (OTCPK:FSCR) 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.

Federal Screw Works Return-on-Tangible-Equity Related Terms

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Federal Screw Works (Federal Screw Works) Business Description