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Galimmo SCA (XPAR:GALIM) Return-on-Tangible-Equity : -0.46% (As of Dec. 2023)


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What is Galimmo SCA 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. Galimmo SCA's annualized net income for the quarter that ended in Dec. 2023 was €-2.26 Mil. Galimmo SCA's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €485.83 Mil. Therefore, Galimmo SCA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -0.46%.

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

XPAR:GALIM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.7   Med: 4.83   Max: 105.15
Current: -0.27

During the past 13 years, Galimmo SCA's highest Return-on-Tangible-Equity was 105.15%. The lowest was -7.70%. And the median was 4.83%.

XPAR:GALIM's Return-on-Tangible-Equity is ranked worse than
66.31% of 1766 companies
in the Real Estate industry
Industry Median: 3.06 vs XPAR:GALIM: -0.27

Galimmo SCA Return-on-Tangible-Equity Historical Data

The historical data trend for Galimmo SCA'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.

Galimmo SCA Return-on-Tangible-Equity Chart

Galimmo SCA 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 4.70 -7.70 0.93 5.30 -0.27

Galimmo SCA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.01 6.55 4.04 -0.07 -0.46

Competitive Comparison of Galimmo SCA's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Galimmo SCA'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.


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

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

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



Galimmo SCA Return-on-Tangible-Equity Calculation

Galimmo SCA'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 )
=-1.306/( (497.583+484.628 )/ 2 )
=-1.306/491.1055
=-0.27 %

Galimmo SCA'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 )
=-2.258/( (487.024+484.628)/ 2 )
=-2.258/485.826
=-0.46 %

* 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.


Galimmo SCA  (XPAR:GALIM) 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.


Galimmo SCA Return-on-Tangible-Equity Related Terms

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Galimmo SCA (XPAR:GALIM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
34 boulevard des Italiens, Paris, FRA, 75009
Galimmo SCA is a real estate company. The real estate activity of the company is to manage, develop and renovate its portfolio of assets. It is engaged in the valuation and management of shopping malls attached to Cora hypermarkets. The company also owns approximately 15% stake in a group that owns 7 galleries in Belgium.

Galimmo SCA (XPAR:GALIM) Headlines

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