GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bolsa de Valores de Colombia SA (BOG:BVC) » Definitions » Return-on-Tangible-Equity

Bolsa de Valores de Colombia (BOG:BVC) Return-on-Tangible-Equity : 108.31% (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Bolsa de Valores de Colombia 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. Bolsa de Valores de Colombia's annualized net income for the quarter that ended in Sep. 2024 was COP93,801 Mil. Bolsa de Valores de Colombia's average shareholder tangible equity for the quarter that ended in Sep. 2024 was COP86,603 Mil. Therefore, Bolsa de Valores de Colombia's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 108.31%.

The historical rank and industry rank for Bolsa de Valores de Colombia's Return-on-Tangible-Equity or its related term are showing as below:

BOG:BVC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23.55   Med: 46.95   Max: 171.57
Current: 81.7

During the past 13 years, Bolsa de Valores de Colombia's highest Return-on-Tangible-Equity was 171.57%. The lowest was 23.55%. And the median was 46.95%.

BOG:BVC's Return-on-Tangible-Equity is ranked better than
94.11% of 764 companies
in the Capital Markets industry
Industry Median: 5.52 vs BOG:BVC: 81.70

Bolsa de Valores de Colombia Return-on-Tangible-Equity Historical Data

The historical data trend for Bolsa de Valores de Colombia'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.

Bolsa de Valores de Colombia Return-on-Tangible-Equity Chart

Bolsa de Valores de Colombia 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 57.02 135.52 36.87 31.42 78.44

Bolsa de Valores de Colombia Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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 152.43 99.81 80.76 139.80 108.31

Competitive Comparison of Bolsa de Valores de Colombia's Return-on-Tangible-Equity

For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.


Bolsa de Valores de Colombia's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bolsa de Valores de Colombia's Return-on-Tangible-Equity falls into.


;
;

Bolsa de Valores de Colombia Return-on-Tangible-Equity Calculation

Bolsa de Valores de Colombia'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 )
=57411.567/( (69110.885+77279.452 )/ 2 )
=57411.567/73195.1685
=78.44 %

Bolsa de Valores de Colombia's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=93801.48/( (73752.272+99454.235)/ 2 )
=93801.48/86603.2535
=108.31 %

* 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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bolsa de Valores de Colombia  (BOG:BVC) 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.


Bolsa de Valores de Colombia Return-on-Tangible-Equity Related Terms

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


Bolsa de Valores de Colombia Business Description

Traded in Other Exchanges
N/A
Address
Carrera 7 No. 71-21 Torre B, Piso 12, Edificio BVC, Bogota, COL
Bolsa de Valores de Colombia SA operates as a stock exchange in Colombia. The company is engaged in offering securities of trading platforms and listing services for issuers and market information. It operates through the following segments: bvc, deceval, precia, other investment vehicles and Central Counterparty Clearing House. The company administers trading platforms in fixed income, equities, derivatives, foreign currency, and commodities markets.

Bolsa de Valores de Colombia Headlines

No Headlines