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StoneX Group (FRA:I4F) Return-on-Tangible-Equity : 14.85% (As of Mar. 2024)


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What is StoneX Group 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. StoneX Group's annualized net income for the quarter that ended in Mar. 2024 was €195 Mil. StoneX Group's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €1,316 Mil. Therefore, StoneX Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 14.85%.

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

FRA:I4F' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.67   Med: 16.72   Max: 28.64
Current: 18.46

During the past 13 years, StoneX Group's highest Return-on-Tangible-Equity was 28.64%. The lowest was 1.67%. And the median was 16.72%.

FRA:I4F's Return-on-Tangible-Equity is ranked better than
74.97% of 767 companies
in the Capital Markets industry
Industry Median: 5.64 vs FRA:I4F: 18.46

StoneX Group Return-on-Tangible-Equity Historical Data

The historical data trend for StoneX Group'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.

StoneX Group Return-on-Tangible-Equity Chart

StoneX Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 27.78 15.93 24.95 20.24

StoneX Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.79 23.00 16.08 20.27 14.85

Competitive Comparison of StoneX Group's Return-on-Tangible-Equity

For the Capital Markets subindustry, StoneX Group'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.


StoneX Group's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, StoneX Group's Return-on-Tangible-Equity distribution charts can be found below:

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



StoneX Group Return-on-Tangible-Equity Calculation

StoneX Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=223.475/( (993.739+1215.008 )/ 2 )
=223.475/1104.3735
=20.24 %

StoneX Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=195.408/( (1285.91+1346.052)/ 2 )
=195.408/1315.981
=14.85 %

* 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.


StoneX Group  (FRA:I4F) 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.


StoneX Group Return-on-Tangible-Equity Related Terms

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


StoneX Group (FRA:I4F) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 10th Floor, New York, NY, USA, 10169
StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks. The company operates in United States, South America, Europe, Middle East and Asia and other countries, out of which majority revenue is generates from Middle East and Asia Region.

StoneX Group (FRA:I4F) Headlines

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