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Fountaine Pajot (XPAR:ALFPC) Return-on-Tangible-Equity : 21.19% (As of Aug. 2023)


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What is Fountaine Pajot 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. Fountaine Pajot's annualized net income for the quarter that ended in Aug. 2023 was €7.3 Mil. Fountaine Pajot's average shareholder tangible equity for the quarter that ended in Aug. 2023 was €34.6 Mil. Therefore, Fountaine Pajot's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was 21.19%.

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

XPAR:ALFPC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.83   Med: 35.13   Max: 132.15
Current: 35.55

During the past 13 years, Fountaine Pajot's highest Return-on-Tangible-Equity was 132.15%. The lowest was 13.83%. And the median was 35.13%.

XPAR:ALFPC's Return-on-Tangible-Equity is ranked better than
91% of 1244 companies
in the Vehicles & Parts industry
Industry Median: 8.715 vs XPAR:ALFPC: 35.55

Fountaine Pajot Return-on-Tangible-Equity Historical Data

The historical data trend for Fountaine Pajot'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.

Fountaine Pajot Return-on-Tangible-Equity Chart

Fountaine Pajot Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 132.15 95.05 72.78 35.13

Fountaine Pajot Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 199.47 64.34 89.49 52.99 21.19

Competitive Comparison of Fountaine Pajot's Return-on-Tangible-Equity

For the Recreational Vehicles subindustry, Fountaine Pajot'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.


Fountaine Pajot's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fountaine Pajot's Return-on-Tangible-Equity distribution charts can be found below:

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



Fountaine Pajot Return-on-Tangible-Equity Calculation

Fountaine Pajot's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=11.43/( (27.208+37.865 )/ 2 )
=11.43/32.5365
=35.13 %

Fountaine Pajot's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=7.338/( (31.38+37.865)/ 2 )
=7.338/34.6225
=21.19 %

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


Fountaine Pajot  (XPAR:ALFPC) 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.


Fountaine Pajot Return-on-Tangible-Equity Related Terms

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Fountaine Pajot (XPAR:ALFPC) Business Description

Traded in Other Exchanges
Address
Zone Industrielle du Fief Girard, Aigrefeuille d'Aunis, FRA, 17290
Fountaine Pajot SA is a France-based company engaged in designing and building boats. The company is into the manufacturing and selling of catamarans and Motor Yachts.

Fountaine Pajot (XPAR:ALFPC) Headlines

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