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Yellow Cake (FRA:0LZ) Return-on-Tangible-Equity : 72.65% (As of Sep. 2023)


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What is Yellow Cake 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. Yellow Cake's annualized net income for the quarter that ended in Sep. 2023 was €859.84 Mil. Yellow Cake's average shareholder tangible equity for the quarter that ended in Sep. 2023 was €1,183.51 Mil. Therefore, Yellow Cake's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 72.65%.

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

FRA:0LZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.19   Med: 6.78   Max: 56.8
Current: 42.37

During the past 5 years, Yellow Cake's highest Return-on-Tangible-Equity was 56.80%. The lowest was -10.19%. And the median was 6.78%.

FRA:0LZ's Return-on-Tangible-Equity is ranked better than
88.3% of 171 companies
in the Other Energy Sources industry
Industry Median: 7.54 vs FRA:0LZ: 42.37

Yellow Cake Return-on-Tangible-Equity Historical Data

The historical data trend for Yellow Cake'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.

Yellow Cake Return-on-Tangible-Equity Chart

Yellow Cake Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
- 5.16 8.44 57.21 -9.92

Yellow Cake Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 61.97 58.35 -30.93 8.38 72.65

Competitive Comparison of Yellow Cake's Return-on-Tangible-Equity

For the Uranium subindustry, Yellow Cake'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.


Yellow Cake's Return-on-Tangible-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yellow Cake's Return-on-Tangible-Equity distribution charts can be found below:

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



Yellow Cake Return-on-Tangible-Equity Calculation

Yellow Cake's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-96.142/( (970.664+966.994 )/ 2 )
=-96.142/968.829
=-9.92 %

Yellow Cake's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=859.836/( (966.994+1400.032)/ 2 )
=859.836/1183.513
=72.65 %

* 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 (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Yellow Cake  (FRA:0LZ) 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.


Yellow Cake Return-on-Tangible-Equity Related Terms

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Yellow Cake (FRA:0LZ) Business Description

Traded in Other Exchanges
Address
66-72 The Esplanade, 3rd Floor, Gaspe House, Channel Islands, JEY, JE1 2LH
Yellow Cake PLC is a specialist company operating in the uranium sector. The principal activity of the company is to invest in uranium projects. It invests in quoted or unquoted companies producing, developing, or exploring for uranium in Canada, the United States, Australia, and South Africa. The company's only segment being the holding of uranium oxide concentrate (U3O8) for long-term capital appreciation.

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