GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ferrovial SE (OTCPK:FRRVY) » Definitions » Return-on-Tangible-Equity

Ferrovial SE (Ferrovial SE) Return-on-Tangible-Equity : 8.68% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Ferrovial SE 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. Ferrovial SE's annualized net income for the quarter that ended in Dec. 2023 was $292 Mil. Ferrovial SE's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $3,368 Mil. Therefore, Ferrovial SE's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 8.68%.

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

FRRVY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.56   Med: 11.19   Max: 37.94
Current: 14.36

During the past 13 years, Ferrovial SE's highest Return-on-Tangible-Equity was 37.94%. The lowest was -12.56%. And the median was 11.19%.

FRRVY's Return-on-Tangible-Equity is ranked better than
68.1% of 1602 companies
in the Construction industry
Industry Median: 7.82 vs FRRVY: 14.36

Ferrovial SE Return-on-Tangible-Equity Historical Data

The historical data trend for Ferrovial SE'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.

Ferrovial SE Return-on-Tangible-Equity Chart

Ferrovial SE 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 6.52 -13.08 36.67 5.13 14.02

Ferrovial SE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -12.96 197.80 -207.74 36.04 8.68

Competitive Comparison of Ferrovial SE's Return-on-Tangible-Equity

For the Infrastructure Operations subindustry, Ferrovial SE'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.


Ferrovial SE's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferrovial SE's Return-on-Tangible-Equity distribution charts can be found below:

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



Ferrovial SE Return-on-Tangible-Equity Calculation

Ferrovial SE'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 )
=501.636/( (3702.331+3455.834 )/ 2 )
=501.636/3579.0825
=14.02 %

Ferrovial SE'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=292.256/( (3279.616+3455.834)/ 2 )
=292.256/3367.725
=8.68 %

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


Ferrovial SE  (OTCPK:FRRVY) 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.


Ferrovial SE Return-on-Tangible-Equity Related Terms

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


Ferrovial SE (Ferrovial SE) Business Description

Address
Calle Príncipe de Vergara 135, Madrid, ESP, 28002
Ferrovial SE is a Spanish industrial company. The company organizes itself into four segments: Toll Roads, Airports, Construction, and Energy and mobility infrastructures. The Toll Roads segment develops and operates toll roads globally. The Airports segment operates four airports in the United Kingdom, Heathrow, Aberdeen, Glasgow, and Southampton. The Construction segment designs and constructs buildings, transport infrastructure, water projects, and completes civil engineering work. The Energy and mobility infrastructures segment includes the operation of infrastructure for transport, natural resources, utilities, telecommunications, and waste collection and treatment. By country, the USA represents the maximum contribution to revenue, followed by Poland operations.

Ferrovial SE (Ferrovial SE) Headlines

From GuruFocus

Spanish Ferrovial SA Is Expanding With Construction and Toll Roads

By Holmes Osborne, CFA Holmes Osborne, CFA 12-12-2016

Ferrovial SE's Dividend Analysis

By GuruFocus Research 10-24-2023