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: 23.33% (As of Mar. 2022)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets . Filtra Consultants and Engineers's annualized net income attributable to common stockholders for the quarter that ended in Mar. 2022 was ₹36.9 Mil . Filtra Consultants and Engineers's average shareholder tangible equity for the quarter that ended in Mar. 2022 was ₹157.9 Mil . Therefore, Filtra Consultants and Engineers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was 23.33% .

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

BOM:539098' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.15   Med: 15.71   Max: 21.7
Current: 19.51

During the past 8 years , Filtra Consultants and Engineers's highest Return-on-Tangible-Equity was 21.70% . The lowest was 10.15% . And the median was 15.71% .

BOM:539098's Return-on-Tangible-Equity is ranked better than
80.29% of 2684 companies
in the Industrial Products industry
Industry Median: 8.56 vs BOM:539098: 19.51

Filtra Consultants and Engineers Return-on-Tangible-Equity Historical Data

The historical data trend for Filtra Consultants and Engineers'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.

Filtra Consultants and Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only 21.33 16.84 14.58 10.15 19.35

Filtra Consultants and Engineers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
Return-on-Tangible-Equity 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 9.17 7.18 13.14 15.46 23.33

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Filtra Consultants and Engineers'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.

   

Filtra Consultants and Engineers Return-on-Tangible-Equity Distribution

For the Industrial Products industry and Industrials sector, Filtra Consultants and Engineers's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Filtra Consultants and Engineers's Return-on-Tangible-Equity falls into.



Filtra Consultants and Engineers Return-on-Tangible-Equity Calculation

Filtra Consultants and Engineers's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity = Net Income attributable to Common Stockholders / ( (Total Tangible Equity + Total Tangible Equity) / count )
(A: Mar. 2022 )   (A: Mar. 2021 ) (A: Mar. 2022 )
= Net Income attributable to Common Stockholders / ( ( Total Stockholders Equity - Intangible Assets + Total Stockholders Equity - Intangible Assets ) / count )
(A: Mar. 2022 )   (A: Mar. 2021 ) (A: Mar. 2022 )
= 29.494 / ( (137.64 + 167.134 ) / 2 )
= 29.494 / 152.387
= 19.35 %

Filtra Consultants and Engineers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity = Net Income attributable to Common Stockholders / ( (Total Tangible Equity + Total Tangible Equity) / count )
(Q: Mar. 2022 )   (Q: Sep. 2021 ) (Q: Mar. 2022 )
= Net Income attributable to Common Stockholders / ( ( Total Stockholders Equity - Intangible Assets + Total Stockholders Equity - Intangible Assets ) / count )
(Q: Mar. 2022 )   (Q: Sep. 2021 ) (Q: Mar. 2022 )
= 36.85 / ( (148.709 + 167.134) / 2 )
= 36.85 / 157.9215
= 23.33 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is two times the semi-annual ( Mar. 2022 ) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Filtra Consultants and Engineers  (BOM:539098) 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 attributable to common stockholders 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.


Filtra Consultants and Engineers Return-on-Tangible-Equity Related Terms

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Filtra Consultants and Engineers Business Description

Filtra Consultants and Engineers logo
Traded in Other Exchanges
N/A
Address
Sahakar Wadi, Off Aarey Road, 1501, Synergy Business Park, Near Synthofine Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Filtra Consultants and Engineers Ltd is an India based company engaged in the business of selling water treatment products and provides related services. It trades in water treatment products such as multiport valves, dosing systems, electronic dosing pumps, pressure vessels, conductivity meters, rotameters, among others. The company also has a business-to-business (B2B) e-commerce website for water treatment components. Its business activity falls under the primary segment of the Trading and manufacturing activity of the water treatment system. The organization sells its products in India and also exports them internationally.

Filtra Consultants and Engineers Headlines

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