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EMC Instytut Medyczny (WAR:EMC) Return-on-Tangible-Equity : 7.48% (As of Mar. 2024)


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What is EMC Instytut Medyczny 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. EMC Instytut Medyczny's annualized net income for the quarter that ended in Mar. 2024 was zł11.4 Mil. EMC Instytut Medyczny's average shareholder tangible equity for the quarter that ended in Mar. 2024 was zł152.6 Mil. Therefore, EMC Instytut Medyczny's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 7.48%.

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

WAR:EMC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.05   Med: -4.35   Max: 11.45
Current: 11.45

During the past 13 years, EMC Instytut Medyczny's highest Return-on-Tangible-Equity was 11.45%. The lowest was -24.05%. And the median was -4.35%.

WAR:EMC's Return-on-Tangible-Equity is ranked better than
50% of 540 companies
in the Healthcare Providers & Services industry
Industry Median: 10.48 vs WAR:EMC: 11.45

EMC Instytut Medyczny Return-on-Tangible-Equity Historical Data

The historical data trend for EMC Instytut Medyczny'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.

EMC Instytut Medyczny Return-on-Tangible-Equity Chart

EMC Instytut Medyczny 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 -12.64 -6.88 1.81 -4.39 10.82

EMC Instytut Medyczny Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.84 18.82 9.25 10.38 7.48

Competitive Comparison of EMC Instytut Medyczny's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, EMC Instytut Medyczny'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.


EMC Instytut Medyczny's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EMC Instytut Medyczny's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where EMC Instytut Medyczny's Return-on-Tangible-Equity falls into.



EMC Instytut Medyczny Return-on-Tangible-Equity Calculation

EMC Instytut Medyczny'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 )
=15.427/( (134.308+150.841 )/ 2 )
=15.427/142.5745
=10.82 %

EMC Instytut Medyczny's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=11.412/( (150.841+154.406)/ 2 )
=11.412/152.6235
=7.48 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


EMC Instytut Medyczny  (WAR:EMC) 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.


EMC Instytut Medyczny Return-on-Tangible-Equity Related Terms

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


EMC Instytut Medyczny (WAR:EMC) Business Description

Traded in Other Exchanges
N/A
Address
ul. Pilczycka 144-148, Wroclaw, POL, 54-144
EMC Instytut Medyczny SA owns and operates hospitals and clinics in Poland. It offers specialized advice, full diagnostics, hospital treatment, care for older people in specialized centers or home conditions. It also offers services including private medical care, specialized consultations, primary health care, outpatient rehabilitation, long-term care and 24hours medical europaservice.

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