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Investcorp Capital (ADX:ICAP) Return-on-Tangible-Equity : 9.65% (As of Jun. 2023)


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What is Investcorp 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. Investcorp Capital's annualized net income for the quarter that ended in Jun. 2023 was د.إ415.0 Mil. Investcorp Capital's average shareholder tangible equity for the quarter that ended in Jun. 2023 was د.إ4,301.1 Mil. Therefore, Investcorp Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 9.65%.

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

ADX:ICAP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.04   Med: 9.65   Max: 12.76
Current: 9.65

During the past 3 years, Investcorp Capital's highest Return-on-Tangible-Equity was 12.76%. The lowest was 8.04%. And the median was 9.65%.

ADX:ICAP's Return-on-Tangible-Equity is ranked better than
66.23% of 1673 companies
in the Asset Management industry
Industry Median: 4.98 vs ADX:ICAP: 9.65

Investcorp Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Investcorp 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.

Investcorp Capital Return-on-Tangible-Equity Chart

Investcorp Capital Annual Data
Trend Jun21 Jun22 Jun23
Return-on-Tangible-Equity
12.76 8.04 9.65

Investcorp Capital Semi-Annual Data
Jun21 Jun22 Jun23
Return-on-Tangible-Equity 12.76 8.04 9.65

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

For the Asset Management subindustry, Investcorp 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.


Investcorp Capital's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investcorp Capital's Return-on-Tangible-Equity distribution charts can be found below:

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



Investcorp Capital Return-on-Tangible-Equity Calculation

Investcorp Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=415.048/( (4066+4536.143 )/ 2 )
=415.048/4301.0715
=9.65 %

Investcorp Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=415.048/( (4066+4536.143)/ 2 )
=415.048/4301.0715
=9.65 %

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


Investcorp Capital  (ADX:ICAP) 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.


Investcorp Capital Return-on-Tangible-Equity Related Terms

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


Investcorp Capital (ADX:ICAP) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Al Sila Tower 8th Floor, P.O. Box 36961, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, ARE
Investcorp Capital Plc is a company whose main purpose is providing of capital and capital financing services in the alternative investments industry.

Investcorp Capital (ADX:ICAP) Headlines