Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) Return-on-Tangible-Equity: 9.90% (As of Jun. 2024)

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MEX:FEXI21 Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
12 GF Score
Price MXN17.00
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What is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Return-on-Tangible-Equity?

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21 -0.35% 12 Return-on-Tangible-Equity is 9.90% as of Jun. 2024. GuruFocus rates MEX:FEXI21 with a GF Score™ of 12/100.

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. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's annualized net income for the quarter that ended in Jun. 2024 was MXN586 Mil. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's average shareholder tangible equity for the quarter that ended in Jun. 2024 was MXN5,916 Mil. Therefore, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 9.90%.

The historical rank and industry rank for Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Return-on-Tangible-Equity or its related term are showing as below:

MEX:FEXI21's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.23
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act  (MEX:FEXI21) 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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Return-on-Tangible-Equity Related Terms


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Return-on-Tangible-Equity Chart

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Annual Data
Trend Dec22 Dec23
Return-on-Tangible-Equity
9.22 15.76

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Quarterly Data
Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Return-on-Tangible-Equity Get a 7-Day Free Trial 26.38 0.00 0.00 10.61 9.90

MEX:FEXI21 vs PNC, USB, NU: Return-on-Tangible-Equity Comparison

For the Banks - Regional subindustry, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Return-on-Tangible-Equity falls into.


MEX:FEXI21
12GF Score
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Return-on-Tangible-Equity Calculation

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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 )
=793/( (4372+5692 )/ 2 )
=793/5032
=15.76 %

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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 )
=585.904/( (5839.44+5991.935)/ 2 )
=585.904/5915.6875
=9.90 %

* 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.

What does a Return-on-Tangible-Equity of 9.90% mean?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a Return-on-Tangible-Equity of 9.90% as of Jun. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Actinver Institucion De Banca Multiple Grupo Financiero Act and its competitors.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Return-on-Tangible-Equity too high?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Return-on-Tangible-Equity is 9.90%. The Banks industry median Return-on-Tangible-Equity is 11.23. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's value of 9.90% is 11.8% below this industry median. Overall, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Return-on-Tangible-Equity compare to PNC and USB?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Return-on-Tangible-Equity of 9.90% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.23. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's value of 9.90% is 11.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.23, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Return-on-Tangible-Equity of 9.90% is 11.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Actinver Institucion De Banca Multiple Grupo Financiero Act and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Return-on-Tangible-Equity is 9.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act stock overvalued right now?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a current Return-on-Tangible-Equity of 9.90%. The current Return-on-Tangible-Equity is 9.90% and 11.8% below the Banks industry median of 11.23. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21), the current Return-on-Tangible-Equity is 9.90% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Business Description

Address Montes Urales 620, Piso 01, Colonia Lomas de Chapultepec, Mexico, MEX, MEX, 11000
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act is a banking institution based in Mexico.
12GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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