GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Quercus TFI SA (WAR:QRS) » Definitions » Return-on-Tangible-Equity

Quercus TFI (WAR:QRS) Return-on-Tangible-Equity : 32.90% (As of Mar. 2025)


View and export this data going back to 2008. Start your Free Trial

What is Quercus TFI 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. Quercus TFI's annualized net income for the quarter that ended in Mar. 2025 was zł36.4 Mil. Quercus TFI's average shareholder tangible equity for the quarter that ended in Mar. 2025 was zł110.7 Mil. Therefore, Quercus TFI's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 32.90%.

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

WAR:QRS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.66   Med: 37.45   Max: 68.98
Current: 47.2

During the past 13 years, Quercus TFI's highest Return-on-Tangible-Equity was 68.98%. The lowest was -21.66%. And the median was 37.45%.

WAR:QRS's Return-on-Tangible-Equity is ranked better than
94.27% of 1641 companies
in the Asset Management industry
Industry Median: 7.83 vs WAR:QRS: 47.20

Quercus TFI Return-on-Tangible-Equity Historical Data

The historical data trend for Quercus TFI'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.

Quercus TFI Return-on-Tangible-Equity Chart

Quercus TFI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.38 35.41 18.03 37.09 43.54

Quercus TFI 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 26.98 42.37 38.33 80.53 32.90

Competitive Comparison of Quercus TFI's Return-on-Tangible-Equity

For the Asset Management subindustry, Quercus TFI'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.


Quercus TFI's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Quercus TFI's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

Quercus TFI Return-on-Tangible-Equity Calculation

Quercus TFI's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=43.233/( (92.431+106.146 )/ 2 )
=43.233/99.2885
=43.54 %

Quercus TFI'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 )
=36.404/( (106.146+115.158)/ 2 )
=36.404/110.652
=32.90 %

* 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.


Quercus TFI  (WAR:QRS) 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.


Quercus TFI Return-on-Tangible-Equity Related Terms

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


Quercus TFI Business Description

Traded in Other Exchanges
N/A
Address
ul. Nowy Swiat 6/12, Warsaw, POL, 00400
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.

Quercus TFI Headlines

No Headlines