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Eslead (TSE:8877) Return-on-Tangible-Equity : 7.72% (As of Dec. 2024)


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What is Eslead 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. Eslead's annualized net income for the quarter that ended in Dec. 2024 was 円5,528 Mil. Eslead's average shareholder tangible equity for the quarter that ended in Dec. 2024 was 円71,597 Mil. Therefore, Eslead's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 7.72%.

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

TSE:8877' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.68   Med: 10.79   Max: 13.35
Current: 13.19

During the past 13 years, Eslead's highest Return-on-Tangible-Equity was 13.35%. The lowest was 6.68%. And the median was 10.79%.

TSE:8877's Return-on-Tangible-Equity is ranked better than
82.63% of 1721 companies
in the Real Estate industry
Industry Median: 3.55 vs TSE:8877: 13.19

Eslead Return-on-Tangible-Equity Historical Data

The historical data trend for Eslead'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.

Eslead Return-on-Tangible-Equity Chart

Eslead Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.18 10.20 10.60 11.82 13.35

Eslead 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 14.03 30.58 7.33 7.72 8.56

Competitive Comparison of Eslead's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Eslead'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.


Eslead's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eslead's Return-on-Tangible-Equity distribution charts can be found below:

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


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Eslead Return-on-Tangible-Equity Calculation

Eslead's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=9330.772/( (66561.115+73197.538 )/ 2 )
=9330.772/69879.3265
=13.35 %

Eslead'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 )
=5527.688/( (71544.131+71650.398)/ 2 )
=5527.688/71597.2645
=7.72 %

* 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.


Eslead  (TSE:8877) 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.


Eslead Return-on-Tangible-Equity Related Terms

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


Eslead Business Description

Industry
Traded in Other Exchanges
N/A
Address
25-19 Fukushima, Fukushima-ku, Osaka, JPN, 553-0003
Eslead Corp operates in Japanese real estate industry. It provides real estate services including planning, proposal, consulting, sales and after-sales service of real estate property. Its business activities include condominium sale business, the sale of Rebuilding sale business and leasing services.

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