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Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Return-on-Tangible-Equity : 12.47% (As of Oct. 2023)


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What is Berkeley Group Holdings (The) 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. Berkeley Group Holdings (The)'s annualized net income for the quarter that ended in Oct. 2023 was $515 Mil. Berkeley Group Holdings (The)'s average shareholder tangible equity for the quarter that ended in Oct. 2023 was $4,133 Mil. Therefore, Berkeley Group Holdings (The)'s annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 was 12.47%.

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

BKGFF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.54   Med: 22.1   Max: 33.9
Current: 13.8

During the past 13 years, Berkeley Group Holdings (The)'s highest Return-on-Tangible-Equity was 33.90%. The lowest was 13.54%. And the median was 22.10%.

BKGFF's Return-on-Tangible-Equity is ranked better than
60.58% of 104 companies
in the Homebuilding & Construction industry
Industry Median: 11.49 vs BKGFF: 13.80

Berkeley Group Holdings (The) Return-on-Tangible-Equity Historical Data

The historical data trend for Berkeley Group Holdings (The)'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.

Berkeley Group Holdings (The) Return-on-Tangible-Equity Chart

Berkeley Group Holdings (The) Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.90 13.29 14.27 14.84 14.21

Berkeley Group Holdings (The) Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 15.72 15.66 13.14 15.69 12.47

Competitive Comparison of Berkeley Group Holdings (The)'s Return-on-Tangible-Equity

For the Residential Construction subindustry, Berkeley Group Holdings (The)'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.


Berkeley Group Holdings (The)'s Return-on-Tangible-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Berkeley Group Holdings (The)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Berkeley Group Holdings (The)'s Return-on-Tangible-Equity falls into.



Berkeley Group Holdings (The) Return-on-Tangible-Equity Calculation

Berkeley Group Holdings (The)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=579.95/( (4034.799+4128.393 )/ 2 )
=579.95/4081.596
=14.21 %

Berkeley Group Holdings (The)'s annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=515.226/( (4128.393+4137.15)/ 2 )
=515.226/4132.7715
=12.47 %

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


Berkeley Group Holdings (The)  (OTCPK:BKGFF) 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.


Berkeley Group Holdings (The) Return-on-Tangible-Equity Related Terms

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


Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Business Description

Traded in Other Exchanges
Address
19 Portsmouth Road, Berkeley House, Surrey, Cobham, GBR, KT11 1JG
Berkeley Group Holdings is a U.K. homebuilder specializing in large-scale residential-led brownfield redevelopment projects with a particular focus on the London, Birmingham, and south of England housing markets. The group is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.

Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Headlines

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