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Explosifs et Produits Chimiques (XPAR:EXPL) Return-on-Tangible-Equity : 14.25% (As of Dec. 2023)


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What is Explosifs et Produits Chimiques 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. Explosifs et Produits Chimiques's annualized net income for the quarter that ended in Dec. 2023 was €17.6 Mil. Explosifs et Produits Chimiques's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €123.3 Mil. Therefore, Explosifs et Produits Chimiques's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 14.25%.

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

XPAR:EXPL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.01   Med: 8.83   Max: 18.25
Current: 18.08

During the past 13 years, Explosifs et Produits Chimiques's highest Return-on-Tangible-Equity was 18.25%. The lowest was -25.01%. And the median was 8.83%.

XPAR:EXPL's Return-on-Tangible-Equity is ranked better than
84.61% of 1520 companies
in the Chemicals industry
Industry Median: 5.74 vs XPAR:EXPL: 18.08

Explosifs et Produits Chimiques Return-on-Tangible-Equity Historical Data

The historical data trend for Explosifs et Produits Chimiques'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.

Explosifs et Produits Chimiques Return-on-Tangible-Equity Chart

Explosifs et Produits Chimiques 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 -7.03 -25.01 7.33 17.87 18.25

Explosifs et Produits Chimiques Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.41 24.79 10.47 22.03 14.25

Competitive Comparison of Explosifs et Produits Chimiques's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Explosifs et Produits Chimiques'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.


Explosifs et Produits Chimiques's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Explosifs et Produits Chimiques's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Explosifs et Produits Chimiques's Return-on-Tangible-Equity falls into.



Explosifs et Produits Chimiques Return-on-Tangible-Equity Calculation

Explosifs et Produits Chimiques'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 )
=21.349/( (107.81+126.146 )/ 2 )
=21.349/116.978
=18.25 %

Explosifs et Produits Chimiques'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=17.564/( (120.363+126.146)/ 2 )
=17.564/123.2545
=14.25 %

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


Explosifs et Produits Chimiques  (XPAR:EXPL) 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.


Explosifs et Produits Chimiques Return-on-Tangible-Equity Related Terms

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Explosifs et Produits Chimiques (XPAR:EXPL) Business Description

Traded in Other Exchanges
N/A
Address
61 rue Galilee, Paris, FRA, 75008
Explosifs et Produits Chimiques is a France-based company engaged in the provision of products and services in the field of explosives. The company is involved in the activities of Explosives, Drilling and Blasting, Logistics, Demolition, Additives and Innovation.

Explosifs et Produits Chimiques (XPAR:EXPL) Headlines