GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sembcorp Industries Ltd (OTCPK:SCRPF) » Definitions » Return-on-Tangible-Equity

Sembcorp Industries (Sembcorp Industries) Return-on-Tangible-Equity : 22.89% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Sembcorp Industries 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. Sembcorp Industries's annualized net income for the quarter that ended in Dec. 2023 was $619 Mil. Sembcorp Industries's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,703 Mil. Therefore, Sembcorp Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 22.89%.

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

SCRPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.6   Med: 7.71   Max: 27.24
Current: 26.87

During the past 13 years, Sembcorp Industries's highest Return-on-Tangible-Equity was 27.24%. The lowest was -21.60%. And the median was 7.71%.

SCRPF's Return-on-Tangible-Equity is ranked better than
85.07% of 509 companies
in the Conglomerates industry
Industry Median: 7.22 vs SCRPF: 26.87

Sembcorp Industries Return-on-Tangible-Equity Historical Data

The historical data trend for Sembcorp Industries'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.

Sembcorp Industries Return-on-Tangible-Equity Chart

Sembcorp Industries 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 4.05 -21.86 8.67 25.59 27.43

Sembcorp Industries Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.26 28.53 21.56 30.87 22.89

Competitive Comparison of Sembcorp Industries's Return-on-Tangible-Equity

For the Conglomerates subindustry, Sembcorp Industries'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.


Sembcorp Industries's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sembcorp Industries's Return-on-Tangible-Equity distribution charts can be found below:

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



Sembcorp Industries Return-on-Tangible-Equity Calculation

Sembcorp Industries'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 )
=707.154/( (2426.394+2729.525 )/ 2 )
=707.154/2577.9595
=27.43 %

Sembcorp Industries'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=618.572/( (2675.68+2729.525)/ 2 )
=618.572/2702.6025
=22.89 %

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


Sembcorp Industries  (OTCPK:SCRPF) 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.


Sembcorp Industries Return-on-Tangible-Equity Related Terms

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


Sembcorp Industries (Sembcorp Industries) Business Description

Traded in Other Exchanges
Address
30 Hill Street, Number 05-04, Singapore, SGP, 179360
Sembcorp Industries Ltd is an investment holding company engaged in the production and supply of utility services, and handling and storage of petroleum products and chemicals. Its business is divided into four segments: Energy, Urban, and Others/Corporate. The company's service portfolio includes power generation, process steam production, wastewater treatment, integrated solutions for offshore and marine industry such as specialized shipbuilding, and repairs & upgrades, and development and marketing of commercial and residential spaces, among others. A vast majority of the company's income is generated by the energy segment, and the majority of the company's revenue is earned in Singapore and India together.

Sembcorp Industries (Sembcorp Industries) Headlines

From GuruFocus