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Mabanee Co KPSC (KUW:MABANEE) Return-on-Tangible-Equity : 10.51% (As of Mar. 2024)


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What is Mabanee Co KPSC 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. Mabanee Co KPSC's annualized net income for the quarter that ended in Mar. 2024 was KWD65.0 Mil. Mabanee Co KPSC's average shareholder tangible equity for the quarter that ended in Mar. 2024 was KWD618.8 Mil. Therefore, Mabanee Co KPSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.51%.

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

KUW:MABANEE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.56   Med: 12.78   Max: 19.56
Current: 10.87

During the past 13 years, Mabanee Co KPSC's highest Return-on-Tangible-Equity was 19.56%. The lowest was 4.56%. And the median was 12.78%.

KUW:MABANEE's Return-on-Tangible-Equity is ranked better than
77.49% of 1764 companies
in the Real Estate industry
Industry Median: 3.015 vs KUW:MABANEE: 10.87

Mabanee Co KPSC Return-on-Tangible-Equity Historical Data

The historical data trend for Mabanee Co KPSC'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.

Mabanee Co KPSC Return-on-Tangible-Equity Chart

Mabanee Co KPSC 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 12.56 4.56 10.97 11.06 10.87

Mabanee Co KPSC 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 11.04 10.92 10.60 11.32 10.51

Competitive Comparison of Mabanee Co KPSC's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Mabanee Co KPSC'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.


Mabanee Co KPSC's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mabanee Co KPSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mabanee Co KPSC's Return-on-Tangible-Equity falls into.



Mabanee Co KPSC Return-on-Tangible-Equity Calculation

Mabanee Co KPSC'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 )
=64.99/( (575.201+620.15 )/ 2 )
=64.99/597.6755
=10.87 %

Mabanee Co KPSC'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 )
=65.044/( (620.15+617.532)/ 2 )
=65.044/618.841
=10.51 %

* 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.


Mabanee Co KPSC  (KUW:MABANEE) 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.


Mabanee Co KPSC Return-on-Tangible-Equity Related Terms

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Mabanee Co KPSC (KUW:MABANEE) Business Description

Traded in Other Exchanges
N/A
Address
Al Rai Area, Sheikh Zayed bin Sultan Al Nahyan Road, P.O. Box 5132, The Avenues - 2nd Avenue, Entrance 9, Safat, Kuwait, KWT, 13052
Mabanee Co KPSC is a Kuwait-based company which sells, purchases, develops, and operates real estate properties in Kuwait and abroad, including hotels, guest houses, residential and touristic complexes. The company operates through business segments namely Construction and real estate investment, Financial investments, and Hotel operations. It generates maximum revenue from Construction and real estate investment segment. The Construction and real estate investment segment include real estate development, project leasing and construction activity for self or others.

Mabanee Co KPSC (KUW:MABANEE) Headlines

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