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Luxor AS (OCSE:LUXOR B) Return-on-Tangible-Equity : 10.20% (As of Mar. 2025)


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What is Luxor AS 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. Luxor AS's annualized net income for the quarter that ended in Mar. 2025 was kr40.9 Mil. Luxor AS's average shareholder tangible equity for the quarter that ended in Mar. 2025 was kr401.3 Mil. Therefore, Luxor AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 10.20%.

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

OCSE:LUXOR B' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.21   Med: 6.74   Max: 25.38
Current: 17.27

During the past 13 years, Luxor AS's highest Return-on-Tangible-Equity was 25.38%. The lowest was -2.21%. And the median was 6.74%.

OCSE:LUXOR B's Return-on-Tangible-Equity is ranked better than
83.06% of 1582 companies
in the Banks industry
Industry Median: 10.31 vs OCSE:LUXOR B: 17.27

Luxor AS Return-on-Tangible-Equity Historical Data

The historical data trend for Luxor AS'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.

Luxor AS Return-on-Tangible-Equity Chart

Luxor AS Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.22 15.80 25.38 6.87 13.84

Luxor AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.52 47.69 0.82 9.61 10.20

Competitive Comparison of Luxor AS's Return-on-Tangible-Equity

For the Mortgage Finance subindustry, Luxor AS'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.


Luxor AS's Return-on-Tangible-Equity Distribution in the Banks Industry

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

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


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Luxor AS Return-on-Tangible-Equity Calculation

Luxor AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=61.19/( (436.639+447.829 )/ 2 )
=61.19/442.234
=13.84 %

Luxor AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=40.932/( (458.718+343.951)/ 2 )
=40.932/401.3345
=10.20 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Luxor AS  (OCSE:LUXOR B) 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.


Luxor AS Return-on-Tangible-Equity Related Terms

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


Luxor AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
Frederiksborggade, 4th floor, Copenhagen, DNK, 1360
Luxor AS is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

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