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Georgia Capital (LSE:CGEO) Return-on-Tangible-Equity : 22.84% (As of Dec. 2023)


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What is Georgia Capital 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. Georgia Capital's annualized net income for the quarter that ended in Dec. 2023 was £205.0 Mil. Georgia Capital's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £897.8 Mil. Therefore, Georgia Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 22.84%.

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

LSE:CGEO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.43   Med: 16.67   Max: 42.82
Current: 19.78

During the past 9 years, Georgia Capital's highest Return-on-Tangible-Equity was 42.82%. The lowest was -0.43%. And the median was 16.67%.

LSE:CGEO's Return-on-Tangible-Equity is ranked better than
79.37% of 509 companies
in the Conglomerates industry
Industry Median: 7.22 vs LSE:CGEO: 19.78

Georgia Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Georgia Capital'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.

Georgia Capital Return-on-Tangible-Equity Chart

Georgia Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 42.82 16.67 27.19 -0.43 19.65

Georgia Capital Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 27.13 -39.04 38.60 16.57 22.84

Competitive Comparison of Georgia Capital's Return-on-Tangible-Equity

For the Conglomerates subindustry, Georgia Capital'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.


Georgia Capital's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Georgia Capital's Return-on-Tangible-Equity distribution charts can be found below:

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



Georgia Capital Return-on-Tangible-Equity Calculation

Georgia Capital'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 )
=170.41/( (788.858+945.97 )/ 2 )
=170.41/867.414
=19.65 %

Georgia Capital'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=205.028/( (849.675+945.97)/ 2 )
=205.028/897.8225
=22.84 %

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


Georgia Capital  (LSE:CGEO) 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.


Georgia Capital Return-on-Tangible-Equity Related Terms

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


Georgia Capital (LSE:CGEO) Business Description

Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Georgia Capital PLC is engaged in buying, building, and developing businesses in Georgia. The Group currently holds investments in six large and investment stage private businesses, a healthcare services business, a water utility business, a retail (pharmacy) business, an insurance business (P&C and medical insurance), a renewable energy business, and an education business. The company also holds other small private businesses across different industries in Georgia, including housing development, hospitality and commercial property construction and development, wine and beer production, and digital, and auto service businesses through privately held subsidiaries.

Georgia Capital (LSE:CGEO) Headlines

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