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Compagnie Financiere de Neufcour (XBRU:MLNEU) Return-on-Tangible-Equity : 0.00% (As of Dec. 2022)


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What is Compagnie Financiere de Neufcour 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. Compagnie Financiere de Neufcour's annualized net income for the quarter that ended in Dec. 2022 was €0.00 Mil. Compagnie Financiere de Neufcour's average shareholder tangible equity for the quarter that ended in Dec. 2022 was €7.44 Mil. Therefore, Compagnie Financiere de Neufcour's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was 0.00%.

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

XBRU:MLNEU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.48   Med: -1.15   Max: 40.3
Current: -6.33

During the past 13 years, Compagnie Financiere de Neufcour's highest Return-on-Tangible-Equity was 40.30%. The lowest was -9.48%. And the median was -1.15%.

XBRU:MLNEU's Return-on-Tangible-Equity is ranked worse than
78.59% of 1761 companies
in the Real Estate industry
Industry Median: 2.8 vs XBRU:MLNEU: -6.33

Compagnie Financiere de Neufcour Return-on-Tangible-Equity Historical Data

The historical data trend for Compagnie Financiere de Neufcour'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.

Compagnie Financiere de Neufcour Return-on-Tangible-Equity Chart

Compagnie Financiere de Neufcour Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.30 20.64 7.13 -7.10 -6.33

Compagnie Financiere de Neufcour Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Dec21 Dec22 Dec23
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 67.54 - - - -

Competitive Comparison of Compagnie Financiere de Neufcour's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Compagnie Financiere de Neufcour'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.


Compagnie Financiere de Neufcour's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Compagnie Financiere de Neufcour's Return-on-Tangible-Equity falls into.



Compagnie Financiere de Neufcour Return-on-Tangible-Equity Calculation

Compagnie Financiere de Neufcour's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.44/( (7.174+6.734 )/ 2 )
=-0.44/6.954
=-6.33 %

Compagnie Financiere de Neufcour's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=0/( (7.702+7.174)/ 2 )
=0/7.438
=0.00 %

* 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 (Dec. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Compagnie Financiere de Neufcour  (XBRU:MLNEU) 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.


Compagnie Financiere de Neufcour Return-on-Tangible-Equity Related Terms

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Compagnie Financiere de Neufcour (XBRU:MLNEU) Business Description

Traded in Other Exchanges
N/A
Address
Rue Churchill, 26, Romsee, BEL, 4624
Compagnie Financiere de Neufcour SA is engaged in real estate business. The company owns and manages real estate properties of the late 19th century and early 20th century.

Compagnie Financiere de Neufcour (XBRU:MLNEU) Headlines

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