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. Leo Palace21's annualized net income for the quarter that ended in Dec. 2023 was €77 Mil. Leo Palace21's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €223 Mil. Therefore, Leo Palace21's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 34.55%.
The historical rank and industry rank for Leo Palace21's Return-on-Tangible-Equity or its related term are showing as below:
STU:MQI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -236.6 Med: 13.94 Max: 197.31
Current: 111.73
During the past 13 years, Leo Palace21's highest Return-on-Tangible-Equity was 197.31%. The lowest was -236.60%. And the median was 13.94%.
STU:MQI's Return-on-Tangible-Equity is ranked better than 97.28% of 1765
companies
in the Real Estate industry
Industry Median: 3.07
vs STU:MQI: 111.73
Leo Palace21 Return-on-Tangible-Equity Historical Data
The historical data trend for Leo Palace21'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.
Competitive Comparison of Leo Palace21's Return-on-Tangible-Equity
For the Real Estate Services subindustry, Leo Palace21'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.
Leo Palace21's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Leo Palace21's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Leo Palace21's Return-on-Tangible-Equity falls into.
Leo Palace21 Return-on-Tangible-Equity Calculation
Leo Palace21's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Leo Palace21 (STU:MQI) 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.
Leo Palace21 Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Leo Palace21's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.
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