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OSB Group (STU:2UK) Return-on-Tangible-Equity : 21.93% (As of Dec. 2023)


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What is OSB Group 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. OSB Group's annualized net income for the quarter that ended in Dec. 2023 was €518.4 Mil. OSB Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €2,363.4 Mil. Therefore, OSB Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 21.93%.

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

STU:2UK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.12   Med: 21.2   Max: 33.13
Current: 13.56

During the past 13 years, OSB Group's highest Return-on-Tangible-Equity was 33.13%. The lowest was 13.12%. And the median was 21.20%.

STU:2UK's Return-on-Tangible-Equity is ranked better than
64.7% of 1456 companies
in the Banks industry
Industry Median: 10.7 vs STU:2UK: 13.56

OSB Group Return-on-Tangible-Equity Historical Data

The historical data trend for OSB Group'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.

OSB Group Return-on-Tangible-Equity Chart

OSB Group 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 15.89 12.76 19.71 19.33 13.18

OSB Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.25 20.64 18.98 5.78 21.93

Competitive Comparison of OSB Group's Return-on-Tangible-Equity

For the Mortgage Finance subindustry, OSB Group'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.


OSB Group's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OSB Group's Return-on-Tangible-Equity distribution charts can be found below:

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



OSB Group Return-on-Tangible-Equity Calculation

OSB Group'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 )
=328.031/( (2516.95+2458.953 )/ 2 )
=328.031/2487.9515
=13.18 %

OSB Group'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 )
=518.396/( (2267.76+2458.953)/ 2 )
=518.396/2363.3565
=21.93 %

* 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.


OSB Group  (STU:2UK) 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.


OSB Group Return-on-Tangible-Equity Related Terms

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


OSB Group (STU:2UK) Business Description

Industry
Traded in Other Exchanges
Address
OSB House, Quayside, Maritime, Chatham, Kent, GBR, ME4 4QZ
OSB Group PLC is a specialist mortgage lender, focused on carefully selected segments of the mortgage market. The company provides loans to entities and individuals, secured on residential property held for investment purposes and secured on commercial and semi-commercial properties held for investment purposes or for owner-occupation. It provides development loans to small- and medium-sized developers of residential property. It also provides funding lines (loans) to non-bank finance companies secured against portfolios of financial assets, principally mortgages and leases, and loans under hire purchase, leasing and refinancing arrangements to UK SMEs and small corporates to finance business-critical assets.

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