Silvergate Capital (MEX:SI) Return-on-Tangible-Equity: 14.62% (As of Sep. 2022)


MEX:SI Silvergate Capital Corp MEX:SI
12 GF Score
Price MXN20.70
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What is Silvergate Capital Return-on-Tangible-Equity?

Silvergate Capital MEX:SI 12 Return-on-Tangible-Equity is 14.62% as of Sep. 2022. GuruFocus rates MEX:SI 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. Silvergate Capital's annualized net income for the quarter that ended in Sep. 2022 was MXN3,486.17 Mil. Silvergate Capital's average shareholder tangible equity for the quarter that ended in Sep. 2022 was MXN23,838.77 Mil. Therefore, Silvergate Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 14.62%.

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

MEX:SI's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Silvergate Capital  (MEX:SI) 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.


Silvergate Capital Return-on-Tangible-Equity Related Terms


Silvergate Capital Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Silvergate Capital'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.

Silvergate Capital Return-on-Tangible-Equity Chart

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial 16.85 11.55 10.14 8.29 -81.70

Silvergate Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 6.38 7.27 11.99 14.62 -471.56

MEX:SI vs LBNW, TCNB, FRCB: Return-on-Tangible-Equity Comparison

For the Banks - Regional subindustry, Silvergate Capital'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.


Silvergate Capital Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Silvergate Capital's Return-on-Tangible-Equity distribution charts can be found below:

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


MEX:SI
12GF Score
Silvergate Capital Corp MEX:SI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Silvergate Capital Return-on-Tangible-Equity Calculation

Silvergate Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=1610.923/( (5854.196+33003.662 )/ 2 )
=1610.923/19428.929
=8.29 %

Silvergate Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=3486.172/( (24800.746+22876.79)/ 2 )
=3486.172/23838.768
=14.62 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 14.62% mean?
Silvergate Capital (MEX:SI) has a Return-on-Tangible-Equity of 14.62% as of Sep. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Silvergate Capital and its competitors.
Is Silvergate Capital's Return-on-Tangible-Equity too high?
Silvergate Capital's current Return-on-Tangible-Equity is 14.62%. The Banks industry median Return-on-Tangible-Equity is 11.19. Silvergate Capital's value of 14.62% is 30.7% above this industry median. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's Return-on-Tangible-Equity compare to LBNW and TCNB?
Silvergate Capital's Return-on-Tangible-Equity of 14.62% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.19. Silvergate Capital's value of 14.62% is 30.7% above 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 11.19, 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. Silvergate Capital's current Return-on-Tangible-Equity of 14.62% is 30.7% above 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 Silvergate Capital and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvergate Capital's current Return-on-Tangible-Equity is 14.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (MEX:SI) has a current Return-on-Tangible-Equity of 14.62%. The current Return-on-Tangible-Equity is 14.62% and 30.7% above the Banks industry median of 11.19. Silvergate Capital'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 Silvergate Capital (MEX:SI), the current Return-on-Tangible-Equity is 14.62% as of Sep. 2022. 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.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
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.

MXN20.70
Price