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. Grenke AG's annualized net income for the quarter that ended in Mar. 2025 was €45.2 Mil. Grenke AG's average shareholder tangible equity for the quarter that ended in Mar. 2025 was €1,309.0 Mil. Therefore, Grenke AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 3.45%.
The historical rank and industry rank for Grenke AG's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:GLJd'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.07 Med: 11.17 Max: 19.31
Current: 5.07
During the past 13 years, Grenke AG's highest Return-on-Tangible-Equity was 19.31%. The lowest was 5.07%. And the median was 11.17%.
CHIX:GLJd's Return-on-Tangible-Equity is ranked worse than 54.01% of 511
companies
in the Credit Services industry
Industry Median: 6.35
vs CHIX:GLJd: 5.07
Grenke AG Return-on-Tangible-Equity Historical Data
The historical data trend for Grenke AG'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.
Competitive Comparison of Grenke AG's Return-on-Tangible-Equity
For the Credit Services subindustry, Grenke AG'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.
Grenke AG's Return-on-Tangible-Equity Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Grenke AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grenke AG's Return-on-Tangible-Equity falls into.
* 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. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Grenke AG (CHIX:GLJd) 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.
Grenke AG Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Grenke AG's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.
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