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Country Condo's (BOM:531624) Return-on-Tangible-Equity : 1.41% (As of Mar. 2025)


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What is Country Condo's 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. Country Condo's's annualized net income for the quarter that ended in Mar. 2025 was ₹3.5 Mil. Country Condo's's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹251.0 Mil. Therefore, Country Condo's's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 1.41%.

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

BOM:531624' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.41   Med: 3.66   Max: 12.14
Current: 2.41

During the past 13 years, Country Condo's's highest Return-on-Tangible-Equity was 12.14%. The lowest was 2.41%. And the median was 3.66%.

BOM:531624's Return-on-Tangible-Equity is ranked worse than
55.79% of 1719 companies
in the Real Estate industry
Industry Median: 3.47 vs BOM:531624: 2.41

Country Condo's Return-on-Tangible-Equity Historical Data

The historical data trend for Country Condo's'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.

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Country Condo's Return-on-Tangible-Equity Chart

Country Condo's Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 12.14 3.58 6.81 2.41

Country Condo's Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.77 3.16 2.61 2.47 1.41

Competitive Comparison of Country Condo's's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Country Condo's'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.


Country Condo's's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Condo's's Return-on-Tangible-Equity distribution charts can be found below:

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


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Country Condo's Return-on-Tangible-Equity Calculation

Country Condo's's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=5.975/( (245.021+250.996 )/ 2 )
=5.975/248.0085
=2.41 %

Country Condo's's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=3.548/( (0+250.996)/ 1 )
=3.548/250.996
=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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Country Condo's  (BOM:531624) 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.


Country Condo's Return-on-Tangible-Equity Related Terms

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


Country Condo's Business Description

Traded in Other Exchanges
Address
No. 7-1-19/3, 1st Floor, I. S. R. Complex, Kundanbagh, Begumpet, Hyderabad, TG, IND, 500016
Country Condo's Ltd is engaged in the provision of real estate operations. The firm's real estate operations consist of procurement of land banks across the country, developing them into residential layouts with all amenities including a clubhouse, and selling them in plots to customers. It also undertakes allied activities of construction of compound walls in the developed layouts. The firm is also focused on undertaking the construction and sale of Condos. The company generates revenue from the sale of plots.

Country Condo's Headlines

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