Polo Hotels (BOM:526687) Return-on-Tangible-Equity: -1.41% (As of Dec. 2023)

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BOM:526687 Polo Hotels Ltd BOM:526687
4 GF Score
Price ₹9.15
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What is Polo Hotels Return-on-Tangible-Equity?

Polo Hotels BOM:526687 4 Return-on-Tangible-Equity is -1.41% as of Dec. 2023. GuruFocus rates BOM:526687 with a GF Score™ of 4/100.

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. Polo Hotels's annualized net income for the quarter that ended in Dec. 2023 was ₹-8.74 Mil. Polo Hotels's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₹620.22 Mil. Therefore, Polo Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -1.41%.

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

BOM:526687's Return-on-Tangible-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.76
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Polo Hotels  (BOM:526687) 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.


Polo Hotels Return-on-Tangible-Equity Related Terms


Polo Hotels Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Polo Hotels'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.

Polo Hotels Return-on-Tangible-Equity Chart

Polo Hotels Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -0.67 0.00 -0.96 -1.40

Polo Hotels Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.77 -1.87 -0.98 -0.50 -1.41

BOM:526687 vs MAR, HLT, H: Return-on-Tangible-Equity Comparison

For the Lodging subindustry, Polo Hotels'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.


Polo Hotels Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Polo Hotels's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:526687
4GF Score
Polo Hotels Ltd BOM:526687
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Polo Hotels Return-on-Tangible-Equity Calculation

Polo Hotels's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-8.802/( (631.321+622.519 )/ 2 )
=-8.802/626.92
=-1.40 %

Polo Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-8.744/( (620.216+0)/ 1 )
=-8.744/620.216
=-1.41 %

* 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.

What does a Return-on-Tangible-Equity of -1.41% mean?
Polo Hotels (BOM:526687) has a Return-on-Tangible-Equity of -1.41% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Polo Hotels and its competitors.
Is Polo Hotels' Return-on-Tangible-Equity too high?
Polo Hotels' current Return-on-Tangible-Equity is -1.41%. Overall, Polo Hotels has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Polo Hotels' Return-on-Tangible-Equity compare to MAR and HLT?
Polo Hotels' Return-on-Tangible-Equity of -1.41% can be compared against companies in the Travel & Leisure industry. The industry median Return-on-Tangible-Equity is 7.76. 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 a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.76, based on 792 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. 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 Polo Hotels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polo Hotels's current Return-on-Tangible-Equity is -1.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polo Hotels stock overvalued right now?
Polo Hotels (BOM:526687) has a current Return-on-Tangible-Equity of -1.41%. The current Return-on-Tangible-Equity is -1.41%. Polo Hotels' overall GF Score™ is 4/100. 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 Polo Hotels (BOM:526687), the current Return-on-Tangible-Equity is -1.41% as of Dec. 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.

Polo Hotels Business Description

Address Hotel North Park, Near Ghaggar Bridge, Sector 32, Panchkula, HR, IND, 134108
Polo Hotels Ltd engages in the business of setting up and running hotels and restaurants. The company leases its only venture: Hotel North Park, located in Panchkula.
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