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SYN Prop E Tech (BSP:SYNE3) Return-on-Tangible-Equity : 18.17% (As of Dec. 2024)


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What is SYN Prop E Tech 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. SYN Prop E Tech's annualized net income for the quarter that ended in Dec. 2024 was R$240 Mil. SYN Prop E Tech's average shareholder tangible equity for the quarter that ended in Dec. 2024 was R$1,319 Mil. Therefore, SYN Prop E Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 18.17%.

The historical rank and industry rank for SYN Prop E Tech's Return-on-Tangible-Equity or its related term are showing as below:

BSP:SYNE3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.59   Med: 2.3   Max: 78.41
Current: 35.62

During the past 13 years, SYN Prop E Tech's highest Return-on-Tangible-Equity was 78.41%. The lowest was -3.59%. And the median was 2.30%.

BSP:SYNE3's Return-on-Tangible-Equity is ranked better than
95.3% of 1723 companies
in the Real Estate industry
Industry Median: 3.6 vs BSP:SYNE3: 35.62

SYN Prop E Tech Return-on-Tangible-Equity Historical Data

The historical data trend for SYN Prop E Tech'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.

SYN Prop E Tech Return-on-Tangible-Equity Chart

SYN Prop E Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 78.41 -3.59 -0.66 42.38

SYN Prop E Tech 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 1.44 1.76 103.83 5.06 18.17

Competitive Comparison of SYN Prop E Tech's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, SYN Prop E Tech'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.


SYN Prop E Tech's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SYN Prop E Tech's Return-on-Tangible-Equity falls into.


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SYN Prop E Tech Return-on-Tangible-Equity Calculation

SYN Prop E Tech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=546.255/( (1509.081+1068.598 )/ 2 )
=546.255/1288.8395
=42.38 %

SYN Prop E Tech'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 )
=239.56/( (1568.434+1068.598)/ 2 )
=239.56/1318.516
=18.17 %

* 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.


SYN Prop E Tech  (BSP:SYNE3) 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.


SYN Prop E Tech Return-on-Tangible-Equity Related Terms

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SYN Prop E Tech Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, CEP: 04538-132
SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, sale, and lease of commercial properties, operation of shopping malls, provision of management, contract management, real estate development services, and other related services. The company is organized into three operating segments Buildings, Shopping malls, Services, and Others. The maximum revenue of the company is earned from the Shopping malls consisting of the lease of stores in shopping malls. The Buildings segment consists of the sale and lease of completed office buildings, the Services segment consists of services involving the management of shopping malls, development of properties, and operation of parking lots, and the others segment consists of the lease of other types of properties.

SYN Prop E Tech Headlines

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