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JHSFY (JHSF Participacoes) Return-on-Tangible-Equity : 12.57% (As of Jun. 2024)


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What is JHSF Participacoes 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. JHSF Participacoes's annualized net income for the quarter that ended in Jun. 2024 was $119.01 Mil. JHSF Participacoes's average shareholder tangible equity for the quarter that ended in Jun. 2024 was $947.10 Mil. Therefore, JHSF Participacoes's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 12.57%.

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

JHSFY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.31   Med: 9.26   Max: 25.66
Current: 11.29

During the past 13 years, JHSF Participacoes's highest Return-on-Tangible-Equity was 25.66%. The lowest was -11.31%. And the median was 9.26%.

JHSFY's Return-on-Tangible-Equity is ranked better than
77.14% of 1776 companies
in the Real Estate industry
Industry Median: 2.98 vs JHSFY: 11.29

JHSF Participacoes Return-on-Tangible-Equity Historical Data

The historical data trend for JHSF Participacoes'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.

JHSF Participacoes Return-on-Tangible-Equity Chart

JHSF Participacoes 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 12.48 17.65 24.53 15.12 10.07

JHSF Participacoes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 9.56 6.40 14.54 11.32 12.57

Competitive Comparison of JHSF Participacoes's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, JHSF Participacoes'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.


JHSF Participacoes's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



JHSF Participacoes Return-on-Tangible-Equity Calculation

JHSF Participacoes'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 )
=92.357/( (880.505+954.488 )/ 2 )
=92.357/917.4965
=10.07 %

JHSF Participacoes'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: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=119.008/( (969.027+925.168)/ 2 )
=119.008/947.0975
=12.57 %

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


JHSF Participacoes  (OTCPK:JHSFY) 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.


JHSF Participacoes Return-on-Tangible-Equity Related Terms

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


JHSF Participacoes Business Description

Traded in Other Exchanges
Address
Avenida Magalhaes de Castro, 4.800 Torre 3 Continental Tower – 27th floor, Sao Paulo, SP, BRA, 05502-001
JHSF Participacoes SA is a real estate company. The company is involved in in the development, purchase and sale, as well as lease of residential and commercial properties; the construction and operation of shopping centers; the provision of administration and contract management services, and the operation of hotels and tourist activities. JHSF has four segments of business: Recurring income, Real estate business and airport, Hotels and restaurants and Main administrative office.

JHSF Participacoes Headlines

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