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Corporativo FraguaB de CV (MEX:FRAGUAB) Return-on-Tangible-Equity : 20.43% (As of Dec. 2024)


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What is Corporativo FraguaB de CV 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. Corporativo FraguaB de CV's annualized net income for the quarter that ended in Dec. 2024 was MXN4,902 Mil. Corporativo FraguaB de CV's average shareholder tangible equity for the quarter that ended in Dec. 2024 was MXN23,999 Mil. Therefore, Corporativo FraguaB de CV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 20.43%.

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

MEX:FRAGUAB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.46   Med: 13.31   Max: 21.59
Current: 20.43

During the past 13 years, Corporativo FraguaB de CV's highest Return-on-Tangible-Equity was 21.59%. The lowest was 11.46%. And the median was 13.31%.

MEX:FRAGUAB's Return-on-Tangible-Equity is ranked better than
72.24% of 562 companies
in the Healthcare Providers & Services industry
Industry Median: 8.385 vs MEX:FRAGUAB: 20.43

Corporativo FraguaB de CV Return-on-Tangible-Equity Historical Data

The historical data trend for Corporativo FraguaB de CV'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.

Corporativo FraguaB de CV Return-on-Tangible-Equity Chart

Corporativo FraguaB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.66 15.84 17.45 21.59 20.43

Corporativo FraguaB de CV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 13.66 15.84 17.45 21.59 20.43

Competitive Comparison of Corporativo FraguaB de CV's Return-on-Tangible-Equity

For the Pharmaceutical Retailers subindustry, Corporativo FraguaB de CV'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.


Corporativo FraguaB de CV's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Corporativo FraguaB de CV's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Corporativo FraguaB de CV's Return-on-Tangible-Equity falls into.


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Corporativo FraguaB de CV Return-on-Tangible-Equity Calculation

Corporativo FraguaB de CV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=4902.005/( (22583.827+25414.003 )/ 2 )
=4902.005/23998.915
=20.43 %

Corporativo FraguaB de CV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=4902.005/( (22583.827+25414.003)/ 2 )
=4902.005/23998.915
=20.43 %

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


Corporativo FraguaB de CV  (MEX:FRAGUAB) 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.


Corporativo FraguaB de CV Return-on-Tangible-Equity Related Terms

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Corporativo FraguaB de CV Business Description

Traded in Other Exchanges
Address
Avenue Enrique Diaz de Leon 261 Nte, Colonia Refugio, Sector Hidalgo, Guadalajara, MEX, 44600
Corporativo Fragua SAB de CV is a pharmacy management company in Mexico. The company's products include grocery, flatware, exercise machines, personal care products, houseware, electronics, toys and photographic equipment, among others.

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