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Consolidated Finvest & Holdings (NSE:CONSOFINVT) Return-on-Tangible-Equity : 6.59% (As of Dec. 2024)


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What is Consolidated Finvest & Holdings 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. Consolidated Finvest & Holdings's annualized net income for the quarter that ended in Dec. 2024 was ₹608.8 Mil. Consolidated Finvest & Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₹9,236.0 Mil. Therefore, Consolidated Finvest & Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 6.59%.

The historical rank and industry rank for Consolidated Finvest & Holdings's Return-on-Tangible-Equity or its related term are showing as below:

NSE:CONSOFINVT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.93   Med: 5.28   Max: 50.25
Current: 12.11

During the past 13 years, Consolidated Finvest & Holdings's highest Return-on-Tangible-Equity was 50.25%. The lowest was -13.93%. And the median was 5.28%.

NSE:CONSOFINVT's Return-on-Tangible-Equity is ranked better than
67.24% of 760 companies
in the Capital Markets industry
Industry Median: 5.885 vs NSE:CONSOFINVT: 12.11

Consolidated Finvest & Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Consolidated Finvest & Holdings'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.

Consolidated Finvest & Holdings Return-on-Tangible-Equity Chart

Consolidated Finvest & Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 1.18 0.14 50.25 5.99

Consolidated Finvest & Holdings 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 5.02 8.07 11.36 20.42 6.59

Competitive Comparison of Consolidated Finvest & Holdings's Return-on-Tangible-Equity

For the Capital Markets subindustry, Consolidated Finvest & Holdings'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.


Consolidated Finvest & Holdings's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Consolidated Finvest & Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Consolidated Finvest & Holdings's Return-on-Tangible-Equity falls into.


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Consolidated Finvest & Holdings Return-on-Tangible-Equity Calculation

Consolidated Finvest & Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=464.545/( (7433.55+8081.523 )/ 2 )
=464.545/7757.5365
=5.99 %

Consolidated Finvest & Holdings'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 )
=608.8/( (9236+0)/ 1 )
=608.8/9236
=6.59 %

* 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.


Consolidated Finvest & Holdings  (NSE:CONSOFINVT) 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.


Consolidated Finvest & Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Consolidated Finvest & Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Consolidated Finvest & Holdings Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 12, Sector B-1, Local Shopping Complex, Vasant Kunj, New Delhi, IND, 110070
Consolidated Finvest & Holdings Ltd is a non-banking financial institution company. It is involved in investments in shares, stocks, bonds, debentures, mutual funds, inter-corporate deposits, and loans. The business activity of the company is carried under the segment of Investment Activities. The major source of revenue for the company is income from the interest and dividend received, and net gain of fair value changes. Geographically the company caters its services to the Indian market only.

Consolidated Finvest & Holdings Headlines

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