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Laddu Gopal Online Services (BOM:537707) Return-on-Tangible-Equity : 5.68% (As of Dec. 2024)


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What is Laddu Gopal Online Services 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. Laddu Gopal Online Services's annualized net income for the quarter that ended in Dec. 2024 was ₹21.19 Mil. Laddu Gopal Online Services's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₹373.02 Mil. Therefore, Laddu Gopal Online Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 5.68%.

The historical rank and industry rank for Laddu Gopal Online Services's Return-on-Tangible-Equity or its related term are showing as below:

BOM:537707' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.82   Med: -0.39   Max: 28.23
Current: 5.88

During the past 12 years, Laddu Gopal Online Services's highest Return-on-Tangible-Equity was 28.23%. The lowest was -13.82%. And the median was -0.39%.

BOM:537707's Return-on-Tangible-Equity is ranked better than
60.81% of 1720 companies
in the Real Estate industry
Industry Median: 3.53 vs BOM:537707: 5.88

Laddu Gopal Online Services Return-on-Tangible-Equity Historical Data

The historical data trend for Laddu Gopal Online Services'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.

Laddu Gopal Online Services Return-on-Tangible-Equity Chart

Laddu Gopal Online Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.07 0.17 -0.65 28.23 4.92

Laddu Gopal Online Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.92 4.38 6.18 6.93 5.68

Competitive Comparison of Laddu Gopal Online Services's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Laddu Gopal Online Services'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.


Laddu Gopal Online Services's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Laddu Gopal Online Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Laddu Gopal Online Services's Return-on-Tangible-Equity falls into.


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Laddu Gopal Online Services Return-on-Tangible-Equity Calculation

Laddu Gopal Online Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=17.349/( (343.639+360.988 )/ 2 )
=17.349/352.3135
=4.92 %

Laddu Gopal Online Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=21.188/( (373.024+0)/ 1 )
=21.188/373.024
=5.68 %

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


Laddu Gopal Online Services  (BOM:537707) 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.


Laddu Gopal Online Services Return-on-Tangible-Equity Related Terms

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


Laddu Gopal Online Services Business Description

Traded in Other Exchanges
N/A
Address
Expressway, UB, Tower 3, B-36, Sector 132, Express Trade Towers 2, Noida, UP, IND, 201 301
Laddu Gopal Online Services Ltd Formerly ETT Ltd is engaged in the business of development and management of Software Technology Centers, Multimedia Houses, Information Technology Parks and other related activities. It provides intelligent and environment friendly Office Complexes and IT/ITES Parks. The Company has one segment: Property Developers and Allied Services. It only operates in India.

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