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Constronics Infra (BOM:523844) Return-on-Tangible-Equity : 263.53% (As of Mar. 2024)


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What is Constronics Infra 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. Constronics Infra's annualized net income for the quarter that ended in Mar. 2024 was ₹25.41 Mil. Constronics Infra's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹9.64 Mil. Therefore, Constronics Infra's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 263.53%.

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

BOM:523844' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -172.41   Med: -14.08   Max: 200.65
Current: 143.98

During the past 13 years, Constronics Infra's highest Return-on-Tangible-Equity was 200.65%. The lowest was -172.41%. And the median was -14.08%.

BOM:523844's Return-on-Tangible-Equity is ranked better than
99.46% of 372 companies
in the Building Materials industry
Industry Median: 7.26 vs BOM:523844: 143.98

Constronics Infra Return-on-Tangible-Equity Historical Data

The historical data trend for Constronics Infra'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.

Constronics Infra Return-on-Tangible-Equity Chart

Constronics Infra Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.65 -145.97 169.96 25.87 118.27

Constronics Infra Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -40.60 43.19 9.95 67.54 263.53

Competitive Comparison of Constronics Infra's Return-on-Tangible-Equity

For the Building Materials subindustry, Constronics Infra'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.


Constronics Infra's Return-on-Tangible-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Constronics Infra's Return-on-Tangible-Equity distribution charts can be found below:

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



Constronics Infra Return-on-Tangible-Equity Calculation

Constronics Infra's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=7.165/( (2.473+9.643 )/ 2 )
=7.165/6.058
=118.27 %

Constronics Infra's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=25.412/( (0+9.643)/ 1 )
=25.412/9.643
=263.53 %

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


Constronics Infra  (BOM:523844) 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.


Constronics Infra Return-on-Tangible-Equity Related Terms

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Constronics Infra (BOM:523844) Business Description

Traded in Other Exchanges
N/A
Address
Sai Baba Colony, No. 3/2, Third Floor, Narasimmapuram, Mylapore, Chennai, TN, IND, 600 004
Constronics Infra Ltd is engaged in the business of trading in construction and building materials such as gravel, blue metals, M-sand, ready mixed concrete, solid blocks, crushed stone, and other allied products. The company operates in only one segment namely the Trading of Building Materials.

Constronics Infra (BOM:523844) Headlines

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