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SAMHI Hotels (NSE:SAMHI) Return-on-Tangible-Equity : -20.96% (As of Mar. 2024)


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What is SAMHI Hotels 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. SAMHI Hotels's annualized net income for the quarter that ended in Mar. 2024 was ₹-1,263 Mil. SAMHI Hotels's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹6,025 Mil. Therefore, SAMHI Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -20.96%.

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

NSE:SAMHI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1660.71   Med: -61.83   Max: -11.17
Current: -84.38

During the past 8 years, SAMHI Hotels's highest Return-on-Tangible-Equity was -11.17%. The lowest was -1,660.71%. And the median was -61.83%.

NSE:SAMHI's Return-on-Tangible-Equity is ranked worse than
96.03% of 755 companies
in the Travel & Leisure industry
Industry Median: 8.24 vs NSE:SAMHI: -84.38

SAMHI Hotels Return-on-Tangible-Equity Historical Data

The historical data trend for SAMHI Hotels'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.

SAMHI Hotels Return-on-Tangible-Equity Chart

SAMHI Hotels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial -78.42 -1,660.71 - - -221.12

SAMHI Hotels Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -273.08 -20.96

Competitive Comparison of SAMHI Hotels's Return-on-Tangible-Equity

For the Lodging subindustry, SAMHI Hotels'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.


SAMHI Hotels's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SAMHI Hotels's Return-on-Tangible-Equity distribution charts can be found below:

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



SAMHI Hotels Return-on-Tangible-Equity Calculation

SAMHI Hotels'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 )
=-2346.18/( (-3707.56+5829.67 )/ 2 )
=-2346.18/1061.055
=-221.12 %

SAMHI Hotels'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: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=-1262.56/( (6219.48+5829.67)/ 2 )
=-1262.56/6024.575
=-20.96 %

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


SAMHI Hotels  (NSE:SAMHI) 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.


SAMHI Hotels Return-on-Tangible-Equity Related Terms

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


SAMHI Hotels (NSE:SAMHI) Business Description

Traded in Other Exchanges
Address
14th floor, Building 10C, Cyber City, Phase II, Gurugram, HR, IND, 122 002
SAMHI Hotels Ltd is a company which is prominent branded hotel ownership and asset management platform in India. Their hotels typically operate under long-term management contracts with established and well recognized global hotel operators such as Marriott, Hyatt and IHG.

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