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Home Invest Belgium NV (LTS:0NGP) Return-on-Tangible-Equity : 17.13% (As of Dec. 2024)


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What is Home Invest Belgium NV 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. Home Invest Belgium NV's annualized net income for the quarter that ended in Dec. 2024 was €81.21 Mil. Home Invest Belgium NV's average shareholder tangible equity for the quarter that ended in Dec. 2024 was €474.18 Mil. Therefore, Home Invest Belgium NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 17.13%.

The historical rank and industry rank for Home Invest Belgium NV's Return-on-Tangible-Equity or its related term are showing as below:

LTS:0NGP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.46   Med: 11.91   Max: 28.44
Current: 17.67

During the past 13 years, Home Invest Belgium NV's highest Return-on-Tangible-Equity was 28.44%. The lowest was -3.46%. And the median was 11.91%.

LTS:0NGP's Return-on-Tangible-Equity is ranked better than
92.07% of 920 companies
in the REITs industry
Industry Median: 5.64 vs LTS:0NGP: 17.67

Home Invest Belgium NV Return-on-Tangible-Equity Historical Data

The historical data trend for Home Invest Belgium NV'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.

Home Invest Belgium NV Return-on-Tangible-Equity Chart

Home Invest Belgium NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 14.98 15.22 -3.46 17.97

Home Invest Belgium NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -3.09 54.96 5.81 -2.95 17.13

Competitive Comparison of Home Invest Belgium NV's Return-on-Tangible-Equity

For the REIT - Residential subindustry, Home Invest Belgium NV'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.


Home Invest Belgium NV's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Home Invest Belgium NV's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Home Invest Belgium NV's Return-on-Tangible-Equity falls into.


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Home Invest Belgium NV Return-on-Tangible-Equity Calculation

Home Invest Belgium NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=80.973/( (417.183+483.866 )/ 2 )
=80.973/450.5245
=17.97 %

Home Invest Belgium NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=81.208/( (464.485+483.866)/ 2 )
=81.208/474.1755
=17.13 %

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


Home Invest Belgium NV  (LTS:0NGP) 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.


Home Invest Belgium NV Return-on-Tangible-Equity Related Terms

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Home Invest Belgium NV Business Description

Traded in Other Exchanges
Address
Boulevard de la Woluwe 46, Box 11, Brussels, BEL, 1200
Home Invest Belgium NV is a Belgium-based real estate company. It specializes in residential property for the letting market and offers premises and professional management to its tenants. The company is distinguished into four geographical segments: The Brussels Region, the Flemish Region, the Walloon Region, and the Netherlands. It derives the majority of its income from the Brussels Region.

Home Invest Belgium NV Headlines

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