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Pinar Sut Mamullerinayii AS (IST:PNSUT) Return-on-Tangible-Equity : 9.90% (As of Dec. 2023)


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What is Pinar Sut Mamullerinayii AS 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. Pinar Sut Mamullerinayii AS's annualized net income for the quarter that ended in Dec. 2023 was ₺525 Mil. Pinar Sut Mamullerinayii AS's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₺5,297 Mil. Therefore, Pinar Sut Mamullerinayii AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 9.90%.

The historical rank and industry rank for Pinar Sut Mamullerinayii AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:PNSUT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.09   Med: 7.61   Max: 17.28
Current: 5.61

During the past 13 years, Pinar Sut Mamullerinayii AS's highest Return-on-Tangible-Equity was 17.28%. The lowest was 4.09%. And the median was 7.61%.

IST:PNSUT's Return-on-Tangible-Equity is ranked worse than
57.22% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 7.72 vs IST:PNSUT: 5.61

Pinar Sut Mamullerinayii AS Return-on-Tangible-Equity Historical Data

The historical data trend for Pinar Sut Mamullerinayii AS'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.

Pinar Sut Mamullerinayii AS Return-on-Tangible-Equity Chart

Pinar Sut Mamullerinayii AS 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 4.15 4.13 7.85 9.33 4.09

Pinar Sut Mamullerinayii AS 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 18.68 4.27 9.24 0.86 9.90

Competitive Comparison of Pinar Sut Mamullerinayii AS's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Pinar Sut Mamullerinayii AS'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.


Pinar Sut Mamullerinayii AS's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinar Sut Mamullerinayii AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Pinar Sut Mamullerinayii AS's Return-on-Tangible-Equity falls into.



Pinar Sut Mamullerinayii AS Return-on-Tangible-Equity Calculation

Pinar Sut Mamullerinayii AS'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 )
=284.748/( (7289.79+6642.635 )/ 2 )
=284.748/6966.2125
=4.09 %

Pinar Sut Mamullerinayii AS'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 )
=524.64/( (3952.07+6642.635)/ 2 )
=524.64/5297.3525
=9.90 %

* 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.


Pinar Sut Mamullerinayii AS  (IST:PNSUT) 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.


Pinar Sut Mamullerinayii AS Return-on-Tangible-Equity Related Terms

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Pinar Sut Mamullerinayii AS (IST:PNSUT) Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Caddesi No. 317, Yunus Emre Mahallesi, Bornova, Izmir, TUR, 35060
Pinar Sut Mamulleri Sanayii AS is a Turkey-based company that operates in the packaged food business. The activities of the groups include processing, production, and sale of milk, dairy products, sauces, fruit juice, and powder products. It operates through the Labne, Klasik, Mangal Keyfi, Solen, Cocuk, Kido, and other brands. Geographically activities are conducted through the region of Turkey.

Pinar Sut Mamullerinayii AS (IST:PNSUT) Headlines

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