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Arteria (WAR:ARR) Return-on-Tangible-Equity : 24.91% (As of Sep. 2022)


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What is Arteria 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. Arteria's annualized net income for the quarter that ended in Sep. 2022 was zł6.3 Mil. Arteria's average shareholder tangible equity for the quarter that ended in Sep. 2022 was zł25.2 Mil. Therefore, Arteria's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 24.91%.

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

WAR:ARR's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.92
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Arteria Return-on-Tangible-Equity Historical Data

The historical data trend for Arteria'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.

Arteria Return-on-Tangible-Equity Chart

Arteria Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -226.71 13.02 11.94 -32.03 19.62

Arteria Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 33.73 -44.39 59.85 -24.33 24.91

Competitive Comparison of Arteria's Return-on-Tangible-Equity

For the Consulting Services subindustry, Arteria'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.


Arteria's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Arteria's Return-on-Tangible-Equity distribution charts can be found below:

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



Arteria Return-on-Tangible-Equity Calculation

Arteria's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=4.647/( (18.767+28.607 )/ 2 )
=4.647/23.687
=19.62 %

Arteria's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=6.276/( (25.592+24.795)/ 2 )
=6.276/25.1935
=24.91 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Arteria  (WAR:ARR) 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.


Arteria Return-on-Tangible-Equity Related Terms

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


Arteria (WAR:ARR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Stawki 2A, Warsaw, POL, 00-193
Arteria operates in the commercial nonphysical research sector. It is engaged in the outsourcing sector. The company offers customer service and maintenance, consulting, technological and operational support, sales and distribution network, and communication and trade marketing. Its products in the area of ??outsourcing, such as databases, supplemented with process technologies, the ability to resell additional services and sales promotions, cross-selling or merchandising.