CIBanco Institucion de Banca Multiple (MEX:SOMA21) Return-on-Tangible-Equity: 4.63% (As of Mar. 2024)

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MEX:SOMA21 CIBanco SA Institucion de Banca Multiple MEX:SOMA21
24 GF Score
Price MXN48.00
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What is CIBanco Institucion de Banca Multiple Return-on-Tangible-Equity?

CIBanco Institucion de Banca Multiple MEX:SOMA21 +1.05% 24 Return-on-Tangible-Equity is 4.63% as of Mar. 2024. GuruFocus rates MEX:SOMA21 with a GF Score™ of 24/100.

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. CIBanco Institucion de Banca Multiple's annualized net income for the quarter that ended in Mar. 2024 was MXN204 Mil. CIBanco Institucion de Banca Multiple's average shareholder tangible equity for the quarter that ended in Mar. 2024 was MXN4,406 Mil. Therefore, CIBanco Institucion de Banca Multiple's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 4.63%.

The historical rank and industry rank for CIBanco Institucion de Banca Multiple's Return-on-Tangible-Equity or its related term are showing as below:

MEX:SOMA21's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.38
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CIBanco Institucion de Banca Multiple  (MEX:SOMA21) 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.


CIBanco Institucion de Banca Multiple Return-on-Tangible-Equity Related Terms


CIBanco Institucion de Banca Multiple Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for CIBanco Institucion de Banca Multiple'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.

CIBanco Institucion de Banca Multiple Return-on-Tangible-Equity Chart

CIBanco Institucion de Banca Multiple 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 18.25 10.14 9.92 15.65 12.34

CIBanco Institucion de Banca Multiple Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.24 7.72 8.36 23.00 4.63

MEX:SOMA21 vs PNC, USB: Return-on-Tangible-Equity Comparison

For the Banks - Regional subindustry, CIBanco Institucion de Banca Multiple'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.


CIBanco Institucion de Banca Multiple Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, CIBanco Institucion de Banca Multiple's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CIBanco Institucion de Banca Multiple's Return-on-Tangible-Equity falls into.


MEX:SOMA21
24GF Score
CIBanco SA Institucion de Banca Multiple MEX:SOMA21
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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CIBanco Institucion de Banca Multiple Return-on-Tangible-Equity Calculation

CIBanco Institucion de Banca Multiple'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 )
=520/( (4051+4374 )/ 2 )
=520/4212.5
=12.34 %

CIBanco Institucion de Banca Multiple's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=204/( (4374+4438)/ 2 )
=204/4406
=4.63 %

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

What does a Return-on-Tangible-Equity of 4.63% mean?
CIBanco Institucion de Banca Multiple (MEX:SOMA21) has a Return-on-Tangible-Equity of 4.63% as of Mar. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CIBanco Institucion de Banca Multiple and its competitors.
Is CIBanco Institucion de Banca Multiple's Return-on-Tangible-Equity too high?
CIBanco Institucion de Banca Multiple's current Return-on-Tangible-Equity is 4.63%. The Banks industry median Return-on-Tangible-Equity is 11.38. CIBanco Institucion de Banca Multiple's value of 4.63% is 59.3% below this industry median. Overall, CIBanco Institucion de Banca Multiple has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does CIBanco Institucion de Banca Multiple's Return-on-Tangible-Equity compare to PNC and USB?
CIBanco Institucion de Banca Multiple's Return-on-Tangible-Equity of 4.63% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.38. CIBanco Institucion de Banca Multiple's value of 4.63% is 59.3% 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 11.38, based on 1,521 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. CIBanco Institucion de Banca Multiple's current Return-on-Tangible-Equity of 4.63% is 59.3% 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 CIBanco Institucion de Banca Multiple and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIBanco Institucion de Banca Multiple's current Return-on-Tangible-Equity is 4.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIBanco Institucion de Banca Multiple stock overvalued right now?
CIBanco Institucion de Banca Multiple (MEX:SOMA21) has a current Return-on-Tangible-Equity of 4.63%. The current Return-on-Tangible-Equity is 4.63% and 59.3% below the Banks industry median of 11.38. CIBanco Institucion de Banca Multiple's overall GF Score™ is 24/100. 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 CIBanco Institucion de Banca Multiple (MEX:SOMA21), the current Return-on-Tangible-Equity is 4.63% as of Mar. 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.

CIBanco Institucion de Banca Multiple Business Description

Address Paseo De La Reforma 115, Piso 23, Lomas De Chapultepec, Mexico, MEX, 11000
CIBanco SA Institucion de Banca Multiple provides financial products and services. The company's services include investment management, investment services and wealth management.
24GF Score

Get the complete analysis for MEX:SOMA21

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

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