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NWF Group (LSE:NWF) Return-on-Tangible-Equity : 11.73% (As of Nov. 2023)


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What is NWF 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. NWF Group's annualized net income for the quarter that ended in Nov. 2023 was £5.4 Mil. NWF Group's average shareholder tangible equity for the quarter that ended in Nov. 2023 was £46.1 Mil. Therefore, NWF Group's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 was 11.73%.

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

LSE:NWF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.7   Med: 32.44   Max: 42.28
Current: 27.9

During the past 13 years, NWF Group's highest Return-on-Tangible-Equity was 42.28%. The lowest was 22.70%. And the median was 32.44%.

LSE:NWF's Return-on-Tangible-Equity is ranked better than
82.67% of 998 companies
in the Oil & Gas industry
Industry Median: 8.085 vs LSE:NWF: 27.90

NWF Group Return-on-Tangible-Equity Historical Data

The historical data trend for NWF 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.

NWF Group Return-on-Tangible-Equity Chart

NWF Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.49 42.28 32.30 22.70 32.57

NWF Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 -34.96 71.30 19.76 43.92 11.73

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

For the Oil & Gas Refining & Marketing subindustry, NWF 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.


NWF Group's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NWF Group's Return-on-Tangible-Equity distribution charts can be found below:

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



NWF Group Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=14.9/( (45.4+46.1 )/ 2 )
=14.9/45.75
=32.57 %

NWF Group's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2023 )  (Q: May. 2023 )(Q: Nov. 2023 )
=5.4/( (46.1+46)/ 2 )
=5.4/46.05
=11.73 %

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


NWF Group  (LSE:NWF) 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.


NWF Group Return-on-Tangible-Equity Related Terms

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


NWF Group (LSE:NWF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Wardle, Nantwich, Cheshire, GBR, CW5 6BP
NWF Group PLC is engaged in manufacturing and selling of animal feeds, the sales and distribution of fuel oils and the warehousing and distribution of ambient groceries. The company's operating segments include Food, Feeds, and Fuels. The Food segment is engaged in the warehousing and distribution of clients' ambient grocery and other products to supermarket and other retail distribution centers. The Feeds segment manufactures and sells animal feeds and other agricultural products. The Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. The company generates maximum revenue from Fuels segment. It operates entirely in the United Kingdom.

NWF Group (LSE:NWF) Headlines

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