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. AMD Industries's annualized net income for the quarter that ended in Mar. 2024 was ₹4 Mil. AMD Industries's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹1,559 Mil. Therefore, AMD Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 0.23%.
The historical rank and industry rank for AMD Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:532828'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.07 Med: 2.29 Max: 12.92
Current: -1.07
During the past 13 years, AMD Industries's highest Return-on-Tangible-Equity was 12.92%. The lowest was -1.07%. And the median was 2.29%.
BOM:532828's Return-on-Tangible-Equity is ranked worse than 80.27% of 375
companies
in the Packaging & Containers industry
Industry Median: 7.16
vs BOM:532828: -1.07
AMD Industries Return-on-Tangible-Equity Historical Data
The historical data trend for AMD 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.
Competitive Comparison of AMD Industries's Return-on-Tangible-Equity
For the Packaging & Containers subindustry, AMD 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.
AMD Industries's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, AMD Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AMD 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 (Mar. 2024) 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.
AMD Industries Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of AMD Industries's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
AMD Industries Ltd is engaged in the manufacturing of Pet Preform, Pet Bottles, Crown Caps, Closures, Pet Jar, Containers, glass & Plastic bottles, Carbonated Soft Drinks, Fruit Juices, Milk products, Beer, and job work operation of pet preforms. It also includes catering to the packaging needs of the Beverages and Brewery Industry. The business segment of the company is Packaging. The company derives the majority of its revenue from the Packaging segment. It operates and generates its key revenue in India. The company has also Interested in Real Estates Business.
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