The historical rank and industry rank for Ambica Agarbathies & Aroma Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:532335'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.11 Med: 3.46 Max: 11.51
Current: -2.05
During the past 13 years, Ambica Agarbathies & Aroma Industries's highest Return-on-Tangible-Equity was 11.51%. The lowest was -29.11%. And the median was 3.46%.
BOM:532335's Return-on-Tangible-Equity is ranked worse than 78.86% of 1793
companies
in the Consumer Packaged Goods industry
Industry Median: 7.72
vs BOM:532335: -2.05
Ambica Agarbathies & Aroma Industries Return-on-Tangible-Equity Historical Data
* 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.
Competitive Comparison of Ambica Agarbathies & Aroma Industries's Return-on-Tangible-Equity
For the Household & Personal Products subindustry, Ambica Agarbathies & Aroma 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.
Ambica Agarbathies & Aroma Industries's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ambica Agarbathies & Aroma Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ambica Agarbathies & Aroma Industries's Return-on-Tangible-Equity falls into.
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Ambica Agarbathies & Aroma Industries Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Ambica Agarbathies & Aroma Industries's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Ambica Agarbathies & Aroma Industries (BOM:532335) Business Description
Ambica Agarbathies & Aroma Industries Ltd is an Indian manufacturer and seller of incense sticks. In addition, it is also involved in the business activities of operating hotels in Chennai and Vishakapatnam, Film production and distribution activities, and wind power generation activities. The operating segments of the company are the Agarbathies division and the Hotel division. The company derives a majority of its revenue from the Agarbathies division segment which involves manufacturing and selling varieties of incense sticks. The products offered by the entity are Durbar Bathi, Fruit (Natural Bathies), Sun Moon (incense sticks), Amrutham (herbal bathies), and Athjisaya Dhoop.
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