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Investcorp Europe Acquisition I (Investcorp Europe Acquisition I) Return-on-Tangible-Equity : 9.40% (As of Dec. 2023)


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What is Investcorp Europe Acquisition I 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. Investcorp Europe Acquisition I's annualized net income for the quarter that ended in Dec. 2023 was $12.65 Mil. Investcorp Europe Acquisition I's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $134.51 Mil. Therefore, Investcorp Europe Acquisition I's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 9.40%.

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

IVCB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.28   Med: 3.08   Max: 8.18
Current: -2.28

During the past 3 years, Investcorp Europe Acquisition I's highest Return-on-Tangible-Equity was 8.18%. The lowest was -2.28%. And the median was 3.08%.

IVCB's Return-on-Tangible-Equity is ranked worse than
60% of 520 companies
in the Diversified Financial Services industry
Industry Median: 0.53 vs IVCB: -2.28

Investcorp Europe Acquisition I Return-on-Tangible-Equity Historical Data

The historical data trend for Investcorp Europe Acquisition I'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.

Investcorp Europe Acquisition I Return-on-Tangible-Equity Chart

Investcorp Europe Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- 8.18 -2.02

Investcorp Europe Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 -3.24 -8.46 -3.91 9.40

Competitive Comparison of Investcorp Europe Acquisition I's Return-on-Tangible-Equity

For the Shell Companies subindustry, Investcorp Europe Acquisition I'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.


Investcorp Europe Acquisition I's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Investcorp Europe Acquisition I's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Investcorp Europe Acquisition I's Return-on-Tangible-Equity falls into.



Investcorp Europe Acquisition I Return-on-Tangible-Equity Calculation

Investcorp Europe Acquisition I'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 )
=-4.415/( (343.134+95.069 )/ 2 )
=-4.415/219.1015
=-2.02 %

Investcorp Europe Acquisition I'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=12.648/( (173.951+95.069)/ 2 )
=12.648/134.51
=9.40 %

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


Investcorp Europe Acquisition I  (NAS:IVCB) 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.


Investcorp Europe Acquisition I Return-on-Tangible-Equity Related Terms

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


Investcorp Europe Acquisition I (Investcorp Europe Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
Elgin Avenue, Century Yard, Cricket Square, P.O. Box 1111, George Town, Grand Cayman, CYM, KY1-1102
Investcorp Europe Acquisition Corp I is a blank check company.
Executives
S.a. Investcorp 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Sipco Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Ben Gacem Hazem director 54 HANS PLACE, LONDON X0 SW1X 0LA
Baroness Ruby Mcgregor-smith officer: Chief Executive Officer CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Craig Sinfield-hain officer: Chief Financial Officer CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Alptekin Diler officer: Chief Investment Officer CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Peter Mckellar director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Laurence Ponchaut director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Pamela Jackson director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Adah Almutairi director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Investcorp Investment Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, PO BOX 1111, GRAND CAYMAN E9 KY1-1102
Europe Acquisition Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, PO BOX 1111, GRAND CAYMAN E9 KY1-1102
Investcorp Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, PO BOX 1111, GRAND CAYMAN E9 KY1-1102