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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. TMM Real Estate Development's annualized net income for the quarter that ended in Dec. 2023 was €1.98 Mil. TMM Real Estate Development's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €0.96 Mil. Therefore, TMM Real Estate Development's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 206.57%.
The historical rank and industry rank for TMM Real Estate Development's Return-on-Tangible-Equity or its related term are showing as below:
FRA:TR61's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 4.27 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
TMM Real Estate Development (FRA:TR61) 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.
TMM Real Estate Development Return-on-Tangible-Equity Related Terms
TMM Real Estate Development Return-on-Tangible-Equity Historical Data
* 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.
TMM Real Estate Development Return-on-Tangible-Equity Chart
TMM Real Estate Development Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, TMM Real Estate Development'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.
TMM Real Estate Development Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TMM Real Estate Development's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TMM Real Estate Development'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 one times the annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 206.57% mean?
TMM Real Estate Development (FRA:TR61) has a Return-on-Tangible-Equity of 206.57% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TMM Real Estate Development and its competitors.
Is TMM Real Estate Development's Return-on-Tangible-Equity too high?
TMM Real Estate Development's current Return-on-Tangible-Equity is 206.57%. The Real Estate industry median Return-on-Tangible-Equity is 4.27. TMM Real Estate Development's value of 206.57% is 4737.7% above this industry median. Overall, TMM Real Estate Development has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does TMM Real Estate Development's Return-on-Tangible-Equity compare to competitors?
TMM Real Estate Development's Return-on-Tangible-Equity of 206.57% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.27. TMM Real Estate Development's value of 206.57% is 4737.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TMM Real Estate Development's current Return-on-Tangible-Equity of 206.57% is 4737.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TMM Real Estate Development and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMM Real Estate Development's current Return-on-Tangible-Equity is 206.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMM Real Estate Development stock overvalued right now?
TMM Real Estate Development (FRA:TR61) has a current Return-on-Tangible-Equity of 206.57%. The current Return-on-Tangible-Equity is 206.57% and 4737.7% above the Real Estate industry median of 4.27. TMM Real Estate Development's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For TMM Real Estate Development (FRA:TR61), the current Return-on-Tangible-Equity is 206.57% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
TMM Real Estate Development PLC operates as a real estate development and construction company and develops the construction of residential complexes on a turnkey basis, which covers all complex construction and fine finishing works as well as post-construction utility services for the completed projects. It operates in the following segments: Investment Property; Property Development & Construction; Utility and Management Services; and Air Mobility Solutions. The Investment Property segment leases residential and commercial property owned by the group. The Property Development & Construction segment builds and sells residential and commercial property and renders construction services. The Air Mobility Solutions segment earns the majority of revenue.
39GF Score
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