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Chalet Hotels (BOM:542399) Return-on-Tangible-Equity : 18.54% (As of Mar. 2024)


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What is Chalet Hotels 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. Chalet Hotels's annualized net income for the quarter that ended in Mar. 2024 was ₹3,297 Mil. Chalet Hotels's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹17,782 Mil. Therefore, Chalet Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 18.54%.

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

BOM:542399' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.26   Med: -3.42   Max: 26.57
Current: 11.61

During the past 11 years, Chalet Hotels's highest Return-on-Tangible-Equity was 26.57%. The lowest was -20.26%. And the median was -3.42%.

BOM:542399's Return-on-Tangible-Equity is ranked better than
57.16% of 754 companies
in the Travel & Leisure industry
Industry Median: 8.2 vs BOM:542399: 11.61

Chalet Hotels Return-on-Tangible-Equity Historical Data

The historical data trend for Chalet 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.

* Premium members only.

Chalet Hotels Return-on-Tangible-Equity Chart

Chalet Hotels 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 7.01 -9.53 -6.02 13.09 17.05

Chalet Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 30.08 9.89 9.35 17.30 18.54

Competitive Comparison of Chalet Hotels's Return-on-Tangible-Equity

For the Lodging subindustry, Chalet 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.


Chalet Hotels's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

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

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



Chalet Hotels Return-on-Tangible-Equity Calculation

Chalet Hotels'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 )
=2781.65/( (14851.03+17781.63 )/ 2 )
=2781.65/16316.33
=17.05 %

Chalet Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=3297.44/( (0+17781.63)/ 1 )
=3297.44/17781.63
=18.54 %

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


Chalet Hotels  (BOM:542399) 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.


Chalet Hotels Return-on-Tangible-Equity Related Terms

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


Chalet Hotels (BOM:542399) Business Description

Traded in Other Exchanges
Address
Raheja Tower, 4th Floor, Block G, Plot No. C-30, Next to Bank of Baroda, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Chalet Hotels Ltd is a company that engages in owning and developing high-end hotels in key metro cities in India. It operates through the following segments: Hospitality (Hotels), Real estate, and Commercial and Retail. The firm generates the majority of revenue from the Hospitality segment which comprises the income earned through Hotel operations.

Chalet Hotels (BOM:542399) Headlines

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