What is KMF Builders & Developers 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. KMF Builders & Developers's annualized net income for the quarter that ended in Dec. 2023 was ₹331.6 Mil. KMF Builders & Developers's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₹42.8 Mil. Therefore, KMF Builders & Developers's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 775.53%.
The historical rank and industry rank for KMF Builders & Developers's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531578'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.31 Med: 2.62 Max: 5.14
Current: 5.14
During the past 13 years, KMF Builders & Developers's highest Return-on-Tangible-Equity was 5.14%. The lowest was 1.31%. And the median was 2.62%.
BOM:531578's Return-on-Tangible-Equity is ranked better than 60.14% of 1766
companies
in the Real Estate industry
Industry Median: 2.94
vs BOM:531578: 5.14
KMF Builders & Developers Return-on-Tangible-Equity Historical Data
The historical data trend for KMF Builders & Developers'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.
Competitive Comparison of KMF Builders & Developers's Return-on-Tangible-Equity
For the Real Estate Services subindustry, KMF Builders & Developers'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.
KMF Builders & Developers's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, KMF Builders & Developers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where KMF Builders & Developers's Return-on-Tangible-Equity falls into.
* 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.
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.
KMF Builders & Developers Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of KMF Builders & Developers's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
KMF Builders & Developers (BOM:531578) Business Description
KMF Builders & Developers Ltd is an India based company engaged in the development and construction of properties. The company constructs residences and buildings. Its projects include Golf manor residential apartments and Royal manor residential apartments. It has two segments: Real Estate Segment which comprises of development, sale, management and operation of all or any part of townships, housing projects, also includes leasing of self owned commercial premises; and Contracting and Manufacturing Segment which involves development of commercial premises and other related activities and also includes manufacturing activities related to interiors, glazing and metal works and concrete products. It generates revenue from the sale of flats.
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