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Mercialys (FRA:M8Y) Return-on-Tangible-Equity : 11.20% (As of Jun. 2024)


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What is Mercialys 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. Mercialys's annualized net income for the quarter that ended in Jun. 2024 was €72.5 Mil. Mercialys's average shareholder tangible equity for the quarter that ended in Jun. 2024 was €647.2 Mil. Therefore, Mercialys's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 11.20%.

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

FRA:M8Y' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.9   Med: 11.81   Max: 20.04
Current: 9.08

During the past 13 years, Mercialys's highest Return-on-Tangible-Equity was 20.04%. The lowest was 5.90%. And the median was 11.81%.

FRA:M8Y's Return-on-Tangible-Equity is ranked better than
73.37% of 920 companies
in the REITs industry
Industry Median: 5.21 vs FRA:M8Y: 9.08

Mercialys Return-on-Tangible-Equity Historical Data

The historical data trend for Mercialys'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.

Mercialys Return-on-Tangible-Equity Chart

Mercialys 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 13.57 12.78 8.72 5.90 7.65

Mercialys Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3.55 8.69 8.81 6.88 11.20

Competitive Comparison of Mercialys's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Mercialys'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.


Mercialys's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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



Mercialys Return-on-Tangible-Equity Calculation

Mercialys'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 )
=53.373/( (721.751+674.08 )/ 2 )
=53.373/697.9155
=7.65 %

Mercialys's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=72.502/( (674.08+620.371)/ 2 )
=72.502/647.2255
=11.20 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Mercialys  (FRA:M8Y) 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.


Mercialys Return-on-Tangible-Equity Related Terms

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


Mercialys Business Description

Industry
Traded in Other Exchanges
Address
16-18, rue du Quatre-Septembre, Paris, FRA, 75002
Mercialys SA is a real estate company based in France and Europe. The firm and its subsidiaries own and manage shopping centers in France. It has developed and promoted the G LA GALLERIE brand for all its shopping centers. It mainly operates in France. It is based on sustainable value creation through investments in medium-sized properties.

Mercialys Headlines

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