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GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Return-on-Tangible-Equity : 71.59% (As of Dec. 2023)


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What is GEK Terna Holding Real Estate Construction 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. GEK Terna Holding Real Estate Construction's annualized net income for the quarter that ended in Dec. 2023 was $169 Mil. GEK Terna Holding Real Estate Construction's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $236 Mil. Therefore, GEK Terna Holding Real Estate Construction's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 71.59%.

The historical rank and industry rank for GEK Terna Holding Real Estate Construction's Return-on-Tangible-Equity or its related term are showing as below:

GKTRF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.69   Med: 12.79   Max: 4771.03
Current: 79.97

During the past 13 years, GEK Terna Holding Real Estate Construction's highest Return-on-Tangible-Equity was 4,771.03%. The lowest was -21.69%. And the median was 12.79%.

GKTRF's Return-on-Tangible-Equity is ranked better than
90.82% of 1602 companies
in the Construction industry
Industry Median: 7.855 vs GKTRF: 79.97

GEK Terna Holding Real Estate Construction Return-on-Tangible-Equity Historical Data

The historical data trend for GEK Terna Holding Real Estate Construction'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.

GEK Terna Holding Real Estate Construction Return-on-Tangible-Equity Chart

GEK Terna Holding Real Estate Construction 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 79.74

GEK Terna Holding Real Estate Construction Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Negative Tangible Equity Negative Tangible Equity 548.45 94.43 71.59

Competitive Comparison of GEK Terna Holding Real Estate Construction's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, GEK Terna Holding Real Estate Construction'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.


GEK Terna Holding Real Estate Construction's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, GEK Terna Holding Real Estate Construction's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GEK Terna Holding Real Estate Construction's Return-on-Tangible-Equity falls into.



GEK Terna Holding Real Estate Construction Return-on-Tangible-Equity Calculation

GEK Terna Holding Real Estate Construction'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 )
=161.192/( (126.718+277.557 )/ 2 )
=161.192/202.1375
=79.74 %

GEK Terna Holding Real Estate Construction's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=169.294/( (195.413+277.557)/ 2 )
=169.294/236.485
=71.59 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


GEK Terna Holding Real Estate Construction  (OTCPK:GKTRF) 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.


GEK Terna Holding Real Estate Construction Return-on-Tangible-Equity Related Terms

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GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Business Description

Traded in Other Exchanges
Address
85, Mesogeion Avenue, Athens, GRC, 115 26
GEK Terna Holding Real Estate Construction SA is a building construction company engaged in the development and management of investment property. The firm constructs property of any kind, manages self-financed or co-financed projects, operates energy projects, as well as its, participates in companies having similar activities. It operates in seven business segments, Construction, Electricity from RES, Electricity from thermal energy, Real Estate, Industry, Concessions, and Holding. Construction refers to contracts for the construction of technical projects. GEK Terna operates in over 14 countries including Greece, Central and Southeastern Europe, the USA, North Africa, and the Middle East.

GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Headlines

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