GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Worsley Investors Ltd (LSE:WINV) » Definitions » Return-on-Tangible-Equity

Worsley Investors (LSE:WINV) Return-on-Tangible-Equity : -4.77% (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Worsley Investors 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. Worsley Investors's annualized net income for the quarter that ended in Sep. 2023 was £-0.70 Mil. Worsley Investors's average shareholder tangible equity for the quarter that ended in Sep. 2023 was £14.59 Mil. Therefore, Worsley Investors's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -4.77%.

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

LSE:WINV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.3   Med: -3.56   Max: 14.33
Current: 6.26

During the past 13 years, Worsley Investors's highest Return-on-Tangible-Equity was 14.33%. The lowest was -37.30%. And the median was -3.56%.

LSE:WINV's Return-on-Tangible-Equity is ranked better than
54.34% of 1671 companies
in the Asset Management industry
Industry Median: 4.98 vs LSE:WINV: 6.26

Worsley Investors Return-on-Tangible-Equity Historical Data

The historical data trend for Worsley Investors'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.

Worsley Investors Return-on-Tangible-Equity Chart

Worsley Investors Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.30 1.04 -3.73 -3.83 7.29

Worsley Investors Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.60 -11.83 -3.09 17.47 -4.77

Competitive Comparison of Worsley Investors's Return-on-Tangible-Equity

For the Asset Management subindustry, Worsley Investors'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.


Worsley Investors's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Worsley Investors's Return-on-Tangible-Equity distribution charts can be found below:

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



Worsley Investors Return-on-Tangible-Equity Calculation

Worsley Investors'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 )
=1.031/( (13.466+14.819 )/ 2 )
=1.031/14.1425
=7.29 %

Worsley Investors'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 )
=-0.696/( (14.819+14.369)/ 2 )
=-0.696/14.594
=-4.77 %

* 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.


Worsley Investors  (LSE:WINV) 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.


Worsley Investors Return-on-Tangible-Equity Related Terms

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


Worsley Investors (LSE:WINV) Business Description

Traded in Other Exchanges
N/A
Address
1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL
Worsley Investors Ltd is a limited liability, closed-ended, self-managed investment company. The company's investment objective is to provide shareholders with an attractive level of absolute long-term return, principally through the capital appreciation and exit of undervalued securities. Its segment includes Property Group and Parent Company. The company generates maximum revenue from the Property Group segment.

Worsley Investors (LSE:WINV) Headlines

From GuruFocus