GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bonduelle SA (XPAR:BON) » Definitions » Return-on-Tangible-Equity

Bonduelle (XPAR:BON) Return-on-Tangible-Equity : -3.18% (As of Jun. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Bonduelle 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. Bonduelle's annualized net income for the quarter that ended in Jun. 2023 was €-11 Mil. Bonduelle's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €348 Mil. Therefore, Bonduelle's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -3.18%.

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

XPAR:BON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.95   Med: 27.19   Max: 66.26
Current: 3.98

During the past 13 years, Bonduelle's highest Return-on-Tangible-Equity was 66.26%. The lowest was 3.95%. And the median was 27.19%.

XPAR:BON's Return-on-Tangible-Equity is ranked worse than
62.31% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 7.72 vs XPAR:BON: 3.98

Bonduelle Return-on-Tangible-Equity Historical Data

The historical data trend for Bonduelle'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.

Bonduelle Return-on-Tangible-Equity Chart

Bonduelle Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.63 31.52 30.29 11.70 3.95

Bonduelle Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 27.23 22.59 7.46 10.62 -3.18

Competitive Comparison of Bonduelle's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Bonduelle'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.


Bonduelle's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bonduelle's Return-on-Tangible-Equity distribution charts can be found below:

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



Bonduelle Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=14.496/( (396.503+338.392 )/ 2 )
=14.496/367.4475
=3.95 %

Bonduelle's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-11.042/( (357.16+338.392)/ 2 )
=-11.042/347.776
=-3.18 %

* 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 two times the semi-annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bonduelle  (XPAR:BON) 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.


Bonduelle Return-on-Tangible-Equity Related Terms

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


Bonduelle (XPAR:BON) Business Description

Traded in Other Exchanges
Address
Rue Nicolas Appert - BP 30173, Villeneuve d’Ascq, FRA, 59653
Bonduelle SA is engaged in the packaged foods industry in France. Its business mainly involves the processing and sale of packaged vegetables. The company sells its products in three forms, which are canned, frozen and fresh processed vegetables, as well as ready-to-eat dishes. It markets its products under the Bonduelle, Cassegrain, Frudesa, Salto, and Arctic Gardens brands globally. The operating business segments are the Europe Zone and NonEurope Zone. It generates maximum revenue from the Non-Europe Zone segment.