What is La ComerB de CV 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. La ComerB de CV's annualized net income for the quarter that ended in Dec. 2022 was $114.90 Mil. La ComerB de CV's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $1,036.20 Mil. Therefore, La ComerB de CV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was 11.09%.
The historical rank and industry rank for La ComerB de CV's Return-on-Tangible-Equity or its related term are showing as below:
LCMRF's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.54 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
La ComerB de CV Return-on-Tangible-Equity Historical Data
The historical data trend for La ComerB de CV'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.
Competitive Comparison of La ComerB de CV's Return-on-Tangible-Equity
For the Department Stores subindustry, La ComerB de CV'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.
La ComerB de CV's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, La ComerB de CV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where La ComerB de CV's Return-on-Tangible-Equity falls into.
La ComerB de CV Return-on-Tangible-Equity Calculation
La ComerB de CV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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. 2022) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
La ComerB de CV (OTCPK:LCMRF) 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.
La ComerB de CV Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of La ComerB de CV's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
La ComerB de CV (La ComerB de CV) Business Description
La Comer SAB de CV is a food retail company. The company offers food items, groceries, perishables goods and non-food products such as general merchandise and clothing.
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