BOG:PROTECCION's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 7.19 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Return-on-Tangible-Equity Related Terms
Administradora de Fondos de Pensiones y Cesantia Proteccion Return-on-Tangible-Equity Historical Data
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Return-on-Tangible-Equity Chart
Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Return-on-Tangible-Equity vs Asset Management Industry
* 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 (Jun. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.73% mean?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a Return-on-Tangible-Equity of 18.73% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion's Return-on-Tangible-Equity too high?
Administradora de Fondos de Pensiones y Cesantia Proteccion's current Return-on-Tangible-Equity is 18.73%. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 18.73% is 160.5% above this industry median. Overall, Administradora de Fondos de Pensiones y Cesantia Proteccion has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Administradora de Fondos de Pensiones y Cesantia Proteccion's Return-on-Tangible-Equity compare to BLK and BX?
Administradora de Fondos de Pensiones y Cesantia Proteccion's Return-on-Tangible-Equity of 18.73% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.19. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 18.73% is 160.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Return-on-Tangible-Equity of 18.73% is 160.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Return-on-Tangible-Equity is 18.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion stock overvalued right now?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a current Return-on-Tangible-Equity of 18.73%. The current Return-on-Tangible-Equity is 18.73% and 160.5% above the Asset Management industry median of 7.19. Administradora de Fondos de Pensiones y Cesantia Proteccion's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION), the current Return-on-Tangible-Equity is 18.73% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Administradora de Fondos de Pensiones y Cesantia Proteccion Business Description
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.
12GF Score
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