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EFG HoldingE (EFG HoldingE) Return-on-Tangible-Equity : 8.24% (As of Jun. 2023)


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What is EFG HoldingE 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. EFG HoldingE's annualized net income for the quarter that ended in Jun. 2023 was $52.4 Mil. EFG HoldingE's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $635.9 Mil. Therefore, EFG HoldingE's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 8.24%.

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

EFGZF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.9   Med: 10.92   Max: 15.3
Current: 12.44

During the past 13 years, EFG HoldingE's highest Return-on-Tangible-Equity was 15.30%. The lowest was 7.90%. And the median was 10.92%.

EFGZF's Return-on-Tangible-Equity is ranked better than
67.01% of 770 companies
in the Capital Markets industry
Industry Median: 5.76 vs EFGZF: 12.44

EFG HoldingE Return-on-Tangible-Equity Historical Data

The historical data trend for EFG HoldingE'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.

EFG HoldingE Return-on-Tangible-Equity Chart

EFG HoldingE 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 11.34 10.44 11.81 9.39 10.47

EFG HoldingE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 9.27 17.56 17.35 8.24 -

Competitive Comparison of EFG HoldingE's Return-on-Tangible-Equity

For the Capital Markets subindustry, EFG HoldingE'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.


EFG HoldingE's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, EFG HoldingE's Return-on-Tangible-Equity distribution charts can be found below:

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



EFG HoldingE Return-on-Tangible-Equity Calculation

EFG HoldingE'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 )
=71.712/( (690.268+679.543 )/ 2 )
=71.712/684.9055
=10.47 %

EFG HoldingE's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=52.396/( (634.063+637.683)/ 2 )
=52.396/635.873
=8.24 %

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


EFG HoldingE  (GREY:EFGZF) 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.


EFG HoldingE Return-on-Tangible-Equity Related Terms

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


EFG HoldingE (EFG HoldingE) Business Description

Traded in Other Exchanges
Address
Alexandria Desert Road, 6 October, Smart Village building No. B129, Phase 3, KM 28, Cairo, EGY, 12577
Egyptian Financial Group-Hermes Holding Co is a provider of investment banking products and services in the Middle East. The company is headquartered in Egypt and conducts the majority of its business domestically. The bank also has operations in Gulf countries and Lebanon. The company generates the majority of its revenue through brokerage services. In addition, the bank generates revenue through asset-management products, such as traditional and alternative investments, fixed-income, money market, equity, and Shariah-compliant mandates. The bank also engages in equity research, strategy and macroeconomic forecasts, industrial research, and private equity services for its clients.

EFG HoldingE (EFG HoldingE) Headlines

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