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PDG Realty Empreendimentos e Participacoes (PDG Realty Empreendimentos e Participacoes) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


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What is PDG Realty Empreendimentos e Participacoes 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. PDG Realty Empreendimentos e Participacoes's annualized net income for the quarter that ended in Dec. 2023 was $1,379.73 Mil. PDG Realty Empreendimentos e Participacoes's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-876.49 Mil. Therefore, PDG Realty Empreendimentos e Participacoes's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was Negative Tangible Equity%.

The historical rank and industry rank for PDG Realty Empreendimentos e Participacoes's Return-on-Tangible-Equity or its related term are showing as below:

PDGRY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -103.28   Med: -58.56   Max: -13.83
Current: Negative Tangible Equity

During the past 13 years, PDG Realty Empreendimentos e Participacoes's highest Return-on-Tangible-Equity was -13.83%. The lowest was -103.28%. And the median was -58.56%.

PDGRY's Return-on-Tangible-Equity is ranked better than
99.94% of 1766 companies
in the Real Estate industry
Industry Median: 3.16 vs PDGRY: Negative Tangible Equity

PDG Realty Empreendimentos e Participacoes Return-on-Tangible-Equity Historical Data

The historical data trend for PDG Realty Empreendimentos e Participacoes'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.

PDG Realty Empreendimentos e Participacoes Return-on-Tangible-Equity Chart

PDG Realty Empreendimentos e Participacoes 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 - - - - Negative Tangible Equity

PDG Realty Empreendimentos e Participacoes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - Negative Tangible Equity

Competitive Comparison of PDG Realty Empreendimentos e Participacoes's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, PDG Realty Empreendimentos e Participacoes'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.


PDG Realty Empreendimentos e Participacoes's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PDG Realty Empreendimentos e Participacoes's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PDG Realty Empreendimentos e Participacoes's Return-on-Tangible-Equity falls into.



PDG Realty Empreendimentos e Participacoes Return-on-Tangible-Equity Calculation

PDG Realty Empreendimentos e Participacoes'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 )
=229.498/( (-920.251+-663.36 )/ 2 )
=229.498/-791.8055
=Negative Tangible Equity %

PDG Realty Empreendimentos e Participacoes'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=1379.728/( (-1089.615+-663.36)/ 2 )
=1379.728/-876.4875
=Negative Tangible Equity %

* 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.


PDG Realty Empreendimentos e Participacoes  (OTCPK:PDGRY) 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.


PDG Realty Empreendimentos e Participacoes Return-on-Tangible-Equity Related Terms

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


PDG Realty Empreendimentos e Participacoes (PDG Realty Empreendimentos e Participacoes) Business Description

Traded in Other Exchanges
Address
R Da Quitanda. 86 - 4th Floor, partial, Rio de Janeiro, RJ, BRA, 20091-005
PDG Realty SA Empreendimentos e Participacoes operates in the real estate industry in Brazil. It engages in the development of real estate projects as well as the sale of residential and commercial properties and subdivisions through investments. It develops projects for different segments and the public, operating in the development, construction, and sale of residential and commercial units, as well as land development.

PDG Realty Empreendimentos e Participacoes (PDG Realty Empreendimentos e Participacoes) Headlines

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