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Kpp Group Holdings Co (TSE:9274) Return-on-Tangible-Equity : 7.18% (As of Dec. 2023)


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What is Kpp Group Holdings Co 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. Kpp Group Holdings Co's annualized net income for the quarter that ended in Dec. 2023 was 円4,384 Mil. Kpp Group Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was 円61,042 Mil. Therefore, Kpp Group Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 7.18%.

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

TSE:9274' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.7   Med: 5.48   Max: 31.17
Current: 14.59

During the past 9 years, Kpp Group Holdings Co's highest Return-on-Tangible-Equity was 31.17%. The lowest was 2.70%. And the median was 5.48%.

TSE:9274's Return-on-Tangible-Equity is ranked better than
79.3% of 285 companies
in the Forest Products industry
Industry Median: 3.99 vs TSE:9274: 14.59

Kpp Group Holdings Co Return-on-Tangible-Equity Historical Data

The historical data trend for Kpp Group Holdings Co'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.

Kpp Group Holdings Co Return-on-Tangible-Equity Chart

Kpp Group Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 5.48 2.70 3.57 18.34 31.17

Kpp Group Holdings Co 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 27.78 19.06 19.26 13.72 7.18

Competitive Comparison of Kpp Group Holdings Co's Return-on-Tangible-Equity

For the Paper & Paper Products subindustry, Kpp Group Holdings Co'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.


Kpp Group Holdings Co's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kpp Group Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

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



Kpp Group Holdings Co Return-on-Tangible-Equity Calculation

Kpp Group Holdings Co'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 )
=15722/( (47043+53832 )/ 2 )
=15722/50437.5
=31.17 %

Kpp Group Holdings Co'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 )
=4384/( (62896+59188)/ 2 )
=4384/61042
=7.18 %

* 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.


Kpp Group Holdings Co  (TSE:9274) 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.


Kpp Group Holdings Co Return-on-Tangible-Equity Related Terms

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Kpp Group Holdings Co (TSE:9274) Business Description

Traded in Other Exchanges
N/A
Address
6-24 Akashi-cho, Chuo-ku, Tokyo, JPN, 104-0044
Kpp Group Holdings Co Ltd is into wholesale of pulp and paper in the domestic and overseas market. The company buys, sells, import and export of paper, paperboard, paper processed products, pulp, recovered paper, chemical products, machines related to paper, packaging and wrapping materials and other related products, possession, and leasing of real estate and warehousing business.

Kpp Group Holdings Co (TSE:9274) Headlines

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