GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Associated Capital Group Inc (FRA:41J) » Definitions » Return-on-Tangible-Equity

Associated Capital Group (FRA:41J) Return-on-Tangible-Equity : 3.38% (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Associated Capital Group 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. Associated Capital Group's annualized net income for the quarter that ended in Mar. 2025 was €28.38 Mil. Associated Capital Group's average shareholder tangible equity for the quarter that ended in Mar. 2025 was €838.73 Mil. Therefore, Associated Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 3.38%.

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

FRA:41J' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.54   Med: 1.68   Max: 6.47
Current: 4.24

During the past 13 years, Associated Capital Group's highest Return-on-Tangible-Equity was 6.47%. The lowest was -6.54%. And the median was 1.68%.

FRA:41J's Return-on-Tangible-Equity is ranked worse than
62.05% of 1639 companies
in the Asset Management industry
Industry Median: 7.97 vs FRA:41J: 4.24

Associated Capital Group Return-on-Tangible-Equity Historical Data

The historical data trend for Associated Capital Group'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.

Associated Capital Group Return-on-Tangible-Equity Chart

Associated Capital Group 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 2.01 6.71 -5.55 4.12 5.05

Associated Capital Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.10 1.31 10.16 1.98 3.38

Competitive Comparison of Associated Capital Group's Return-on-Tangible-Equity

For the Asset Management subindustry, Associated Capital Group'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.


Associated Capital Group's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Associated Capital Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Associated Capital Group's Return-on-Tangible-Equity falls into.


;
;

Associated Capital Group Return-on-Tangible-Equity Calculation

Associated Capital Group'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 )
=42.333/( (828.469+849.173 )/ 2 )
=42.333/838.821
=5.05 %

Associated Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=28.376/( (849.173+828.281)/ 2 )
=28.376/838.727
=3.38 %

* 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.


Associated Capital Group  (FRA:41J) 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.


Associated Capital Group Return-on-Tangible-Equity Related Terms

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


Associated Capital Group Business Description

Traded in Other Exchanges
Address
191 Mason Street, Greenwich, CT, USA, 06830
Associated Capital Group Inc is a diversified financial services company. It operates in the business of alternative investment management, institutional research services, and cash and other assets through subsidiaries. The activities of its subsidiaries comprise publishing daily research notes and full reports using private market value with a catalyst methodology and also products and customized solutions utilizing private market value with catalyst method of investing.

Associated Capital Group Headlines

No Headlines