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Helbor Empreendimentos (BSP:HBOR3) Return-on-Tangible-Equity : 8.19% (As of Dec. 2023)


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What is Helbor Empreendimentos 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. Helbor Empreendimentos's annualized net income for the quarter that ended in Dec. 2023 was R$115 Mil. Helbor Empreendimentos's average shareholder tangible equity for the quarter that ended in Dec. 2023 was R$1,401 Mil. Therefore, Helbor Empreendimentos's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 8.19%.

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

BSP:HBOR3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.17   Med: 2.89   Max: 16.68
Current: 3.67

During the past 13 years, Helbor Empreendimentos's highest Return-on-Tangible-Equity was 16.68%. The lowest was -31.17%. And the median was 2.89%.

BSP:HBOR3's Return-on-Tangible-Equity is ranked better than
52.27% of 1766 companies
in the Real Estate industry
Industry Median: 3.16 vs BSP:HBOR3: 3.67

Helbor Empreendimentos Return-on-Tangible-Equity Historical Data

The historical data trend for Helbor Empreendimentos'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.

Helbor Empreendimentos Return-on-Tangible-Equity Chart

Helbor Empreendimentos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.05 2.11 7.77 3.77 3.66

Helbor Empreendimentos Quarterly Data
Mar19 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 5.36 1.91 2.05 2.46 8.19

Competitive Comparison of Helbor Empreendimentos's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Helbor Empreendimentos'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.


Helbor Empreendimentos's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



Helbor Empreendimentos Return-on-Tangible-Equity Calculation

Helbor Empreendimentos's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=50.848/( (1372.15+1409.509 )/ 2 )
=50.848/1390.8295
=3.66 %

Helbor Empreendimentos'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 )
=114.688/( (1392.091+1409.509)/ 2 )
=114.688/1400.8
=8.19 %

* 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.


Helbor Empreendimentos  (BSP:HBOR3) 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.


Helbor Empreendimentos Return-on-Tangible-Equity Related Terms

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


Helbor Empreendimentos (BSP:HBOR3) Business Description

Traded in Other Exchanges
N/A
Address
Av. Vereador Narciso Yague Guimaraes,, 1.145, 15th Floor, Mogi Das Cruzes, SP, BRA, 8710500
Helbor Empreendimentos SA is a Brazil-based company which engages in incorporation of real estate projects, as well as the provision of venture management services and acquisition, administration, development, lease and management of corporate buildings, shopping malls, parking lots, strip malls, industrial warehouses and hotel. . The firm also provides real estate development management services. Its portfolio includes residential, industrial, and commercial properties. Its revenue sources include revenue from sales of properties and management fee.

Helbor Empreendimentos (BSP:HBOR3) Headlines

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