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. Lumi Rental Co's annualized net income for the quarter that ended in Mar. 2025 was ﷼213 Mil. Lumi Rental Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ﷼1,235 Mil. Therefore, Lumi Rental Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 17.21%.
The historical rank and industry rank for Lumi Rental Co's Return-on-Tangible-Equity or its related term are showing as below:
SAU:4262'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.16 Med: 17.03 Max: 17.21
Current: 16.22
During the past 3 years, Lumi Rental Co's highest Return-on-Tangible-Equity was 17.21%. The lowest was 16.16%. And the median was 17.03%.
SAU:4262's Return-on-Tangible-Equity is ranked better than 61.21% of 990
companies
in the Business Services industry
Industry Median: 11.22
vs SAU:4262: 16.22
Lumi Rental Co Return-on-Tangible-Equity Historical Data
The historical data trend for Lumi Rental Co'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.
Competitive Comparison of Lumi Rental Co's Return-on-Tangible-Equity
For the Rental & Leasing Services subindustry, Lumi Rental Co'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.
Lumi Rental Co's Return-on-Tangible-Equity Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Lumi Rental Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lumi Rental Co's Return-on-Tangible-Equity falls into.
* 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.
Lumi Rental Co (SAU:4262) 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.
Lumi Rental Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Lumi Rental Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Lumi Rental Co is a Car rental company that offers lease services to corporate and Government sector clients, provides rentals through a network of Thirty airport and city branches across the Kingdom and via digital channels, and sells used vehicles reaching the end of their useful life. The company has three reportable segments which are Leasing segment includes Providing vehicles on long-term leases to corporate and government customers. Rental segment includes Providing vehicles on daily, weekly, and monthly rentals to walking and corporate customers, and Used car sale segment provides the sale of vehicles that have completed their economical life as per management policy. Key revenue is generated from leasing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SAU:4262 has been successfully added to your 