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YASKAWA Electric (YASKAWA Electric) Return-on-Tangible-Equity : 17.54% (As of Feb. 2024)


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What is YASKAWA Electric 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. YASKAWA Electric's annualized net income for the quarter that ended in Feb. 2024 was $425 Mil. YASKAWA Electric's average shareholder tangible equity for the quarter that ended in Feb. 2024 was $2,423 Mil. Therefore, YASKAWA Electric's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was 17.54%.

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

YASKY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.37   Med: 15.29   Max: 21.63
Current: 14.72

During the past 13 years, YASKAWA Electric's highest Return-on-Tangible-Equity was 21.63%. The lowest was 7.37%. And the median was 15.29%.

YASKY's Return-on-Tangible-Equity is ranked better than
74.15% of 2905 companies
in the Industrial Products industry
Industry Median: 7.53 vs YASKY: 14.72

YASKAWA Electric Return-on-Tangible-Equity Historical Data

The historical data trend for YASKAWA Electric'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.

YASKAWA Electric Return-on-Tangible-Equity Chart

YASKAWA Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 9.09 15.09 16.50 13.82

YASKAWA Electric Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 19.36 14.16 14.49 11.88 17.54

Competitive Comparison of YASKAWA Electric's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.


YASKAWA Electric's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

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

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



YASKAWA Electric Return-on-Tangible-Equity Calculation

YASKAWA Electric's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=338.783/( (2411.386+2490.191 )/ 2 )
=338.783/2450.7885
=13.82 %

YASKAWA Electric's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=425.064/( (2356.69+2490.191)/ 2 )
=425.064/2423.4405
=17.54 %

* 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 (Feb. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


YASKAWA Electric  (OTCPK:YASKY) 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.


YASKAWA Electric Return-on-Tangible-Equity Related Terms

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YASKAWA Electric (YASKAWA Electric) Business Description

Traded in Other Exchanges
Address
2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004
Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

YASKAWA Electric (YASKAWA Electric) Headlines