GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » LafargeHolcim Maroc SA (CAS:LHM) » Definitions » Return-on-Tangible-Equity

LafargeHolcim Maroc (CAS:LHM) Return-on-Tangible-Equity : 58.16% (As of Dec. 2024)


View and export this data going back to 1997. Start your Free Trial

What is LafargeHolcim Maroc 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. LafargeHolcim Maroc's annualized net income for the quarter that ended in Dec. 2024 was MAD2,139 Mil. LafargeHolcim Maroc's average shareholder tangible equity for the quarter that ended in Dec. 2024 was MAD3,678 Mil. Therefore, LafargeHolcim Maroc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 58.16%.

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

CAS:LHM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29.31   Med: 49.36   Max: 71.75
Current: 48.48

During the past 13 years, LafargeHolcim Maroc's highest Return-on-Tangible-Equity was 71.75%. The lowest was 29.31%. And the median was 49.36%.

CAS:LHM's Return-on-Tangible-Equity is ranked better than
97.7% of 392 companies
in the Building Materials industry
Industry Median: 5.38 vs CAS:LHM: 48.48

LafargeHolcim Maroc Return-on-Tangible-Equity Historical Data

The historical data trend for LafargeHolcim Maroc'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.

LafargeHolcim Maroc Return-on-Tangible-Equity Chart

LafargeHolcim Maroc 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 53.84 56.69 35.62 39.66 44.87

LafargeHolcim Maroc Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 35.97 47.10 40.73 42.58 58.16

Competitive Comparison of LafargeHolcim Maroc's Return-on-Tangible-Equity

For the Building Materials subindustry, LafargeHolcim Maroc'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.


LafargeHolcim Maroc's Return-on-Tangible-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Maroc's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

LafargeHolcim Maroc Return-on-Tangible-Equity Calculation

LafargeHolcim Maroc'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 )
=1825.688/( (3943.204+4193.818 )/ 2 )
=1825.688/4068.511
=44.87 %

LafargeHolcim Maroc'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=2138.728/( (3161.241+4193.818)/ 2 )
=2138.728/3677.5295
=58.16 %

* 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 two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


LafargeHolcim Maroc  (CAS:LHM) 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.


LafargeHolcim Maroc Return-on-Tangible-Equity Related Terms

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


LafargeHolcim Maroc Business Description

Traded in Other Exchanges
N/A
Address
6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.

LafargeHolcim Maroc Headlines

No Headlines