Zambal Spain SOCIMI (XMAD:YZBL) Return-on-Tangible-Equity: 3.15% (As of Dec. 2023)

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XMAD:YZBL Zambal Spain SOCIMI SA XMAD:YZBL
4 GF Score
Price €0.95
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What is Zambal Spain SOCIMI Return-on-Tangible-Equity?

Zambal Spain SOCIMI XMAD:YZBL 4 Return-on-Tangible-Equity is 3.15% as of Dec. 2023. GuruFocus rates XMAD:YZBL with a GF Score™ of 4/100.

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. Zambal Spain SOCIMI's annualized net income for the quarter that ended in Dec. 2023 was €24.42 Mil. Zambal Spain SOCIMI's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €775.34 Mil. Therefore, Zambal Spain SOCIMI's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 3.15%.

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

XMAD:YZBL's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 6.225
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Zambal Spain SOCIMI  (XMAD:YZBL) 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.


Zambal Spain SOCIMI Return-on-Tangible-Equity Related Terms


Zambal Spain SOCIMI Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Zambal Spain SOCIMI'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.

Zambal Spain SOCIMI Return-on-Tangible-Equity Chart

Zambal Spain SOCIMI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 13.03 4.23 4.85 3.25 3.30

Zambal Spain SOCIMI Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5.80 3.56 3.00 3.50 3.15

XMAD:YZBL vs VICI, WPC, STOR: Return-on-Tangible-Equity Comparison

For the REIT - Diversified subindustry, Zambal Spain SOCIMI'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.


Zambal Spain SOCIMI Return-on-Tangible-Equity vs REITs Industry

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

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


XMAD:YZBL
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Zambal Spain SOCIMI SA XMAD:YZBL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Zambal Spain SOCIMI Return-on-Tangible-Equity Calculation

Zambal Spain SOCIMI'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 )
=25.765/( (778.577+781.448 )/ 2 )
=25.765/780.0125
=3.30 %

Zambal Spain SOCIMI's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=24.418/( (769.239+781.448)/ 2 )
=24.418/775.3435
=3.15 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 3.15% mean?
Zambal Spain SOCIMI (XMAD:YZBL) has a Return-on-Tangible-Equity of 3.15% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Zambal Spain SOCIMI and its competitors.
Is Zambal Spain SOCIMI's Return-on-Tangible-Equity too high?
Zambal Spain SOCIMI's current Return-on-Tangible-Equity is 3.15%. The REITs industry median Return-on-Tangible-Equity is 6.23. Zambal Spain SOCIMI's value of 3.15% is 49.4% below this industry median. Overall, Zambal Spain SOCIMI has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Zambal Spain SOCIMI's Return-on-Tangible-Equity compare to VICI and WPC?
Zambal Spain SOCIMI's Return-on-Tangible-Equity of 3.15% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Equity is 6.23. Zambal Spain SOCIMI's value of 3.15% is 49.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zambal Spain SOCIMI's current Return-on-Tangible-Equity of 3.15% is 49.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Zambal Spain SOCIMI and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zambal Spain SOCIMI's current Return-on-Tangible-Equity is 3.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zambal Spain SOCIMI stock overvalued right now?
Zambal Spain SOCIMI (XMAD:YZBL) has a current Return-on-Tangible-Equity of 3.15%. The current Return-on-Tangible-Equity is 3.15% and 49.4% below the REITs industry median of 6.23. Zambal Spain SOCIMI's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Zambal Spain SOCIMI (XMAD:YZBL), the current Return-on-Tangible-Equity is 3.15% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zambal Spain SOCIMI Business Description

Industry Real EstateREITs
Address C/ Ortega y Gasset 11, 1ºDrch., Madrid, ESP, 28006
Zambal Spain SOCIMI SA is an investment vehicle company. The principal business activity is to invest and subsequently manage prime real estate assets in well-consolidated markets both at a geographical level (Madrid and Barcelona) and at a sectoral level (offices and high-street retail). The company also invests in other forms of assets such as nursing homes, hospitals, retail parks and logistics platforms.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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