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Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Return-on-Tangible-Equity : -24.41% (As of Dec. 2023)


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What is Aciselsan Acipayam Seluloznayi ve Ticaret A S 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. Aciselsan Acipayam Seluloznayi ve Ticaret A S's annualized net income for the quarter that ended in Dec. 2023 was ₺-73.0 Mil. Aciselsan Acipayam Seluloznayi ve Ticaret A S's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₺298.8 Mil. Therefore, Aciselsan Acipayam Seluloznayi ve Ticaret A S's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -24.41%.

The historical rank and industry rank for Aciselsan Acipayam Seluloznayi ve Ticaret A S's Return-on-Tangible-Equity or its related term are showing as below:

IST:ACSEL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.93   Med: 16.36   Max: 49.6
Current: 14.13

During the past 13 years, Aciselsan Acipayam Seluloznayi ve Ticaret A S's highest Return-on-Tangible-Equity was 49.60%. The lowest was 0.93%. And the median was 16.36%.

IST:ACSEL's Return-on-Tangible-Equity is ranked better than
78.72% of 1518 companies
in the Chemicals industry
Industry Median: 5.865 vs IST:ACSEL: 14.13

Aciselsan Acipayam Seluloznayi ve Ticaret A S Return-on-Tangible-Equity Historical Data

The historical data trend for Aciselsan Acipayam Seluloznayi ve Ticaret A S'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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S Return-on-Tangible-Equity Chart

Aciselsan Acipayam Seluloznayi ve Ticaret A S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.32 22.29 49.60 31.27 10.43

Aciselsan Acipayam Seluloznayi ve Ticaret A S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.23 9.27 40.78 53.08 -24.41

Competitive Comparison of Aciselsan Acipayam Seluloznayi ve Ticaret A S's Return-on-Tangible-Equity

For the Chemicals subindustry, Aciselsan Acipayam Seluloznayi ve Ticaret A S'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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aciselsan Acipayam Seluloznayi ve Ticaret A S's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aciselsan Acipayam Seluloznayi ve Ticaret A S's Return-on-Tangible-Equity falls into.



Aciselsan Acipayam Seluloznayi ve Ticaret A S Return-on-Tangible-Equity Calculation

Aciselsan Acipayam Seluloznayi ve Ticaret A S's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=35.785/( (326.612+359.637 )/ 2 )
=35.785/343.1245
=10.43 %

Aciselsan Acipayam Seluloznayi ve Ticaret A S's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-72.952/( (237.968+359.637)/ 2 )
=-72.952/298.8025
=-24.41 %

* 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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S  (IST:ACSEL) 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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S Return-on-Tangible-Equity Related Terms

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Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Business Description

Traded in Other Exchanges
N/A
Address
Aciselsan Caddesi No:25, Asagi Mahallesi, Acipayam, Denizli, TUR, 20800
Aciselsan Acipayam Seluloz Sanayi ve Ticaret A S is engaged in the production of carboxymethyl cellulose in Turkey. Its products are used in a wide range of areas such as detergent, paint, wallpaper glue, paper and paperboard, textiles, oil drilling muds, ceramics, foodstuffs, cosmetics, and pharmaceutical industries.

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