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EFFI Capital Nadlan (XTAE:EFCP) Return-on-Tangible-Equity : 12.45% (As of Mar. 2024)


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What is EFFI Capital Nadlan 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. EFFI Capital Nadlan's annualized net income for the quarter that ended in Mar. 2024 was ₪53.0 Mil. EFFI Capital Nadlan's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₪425.6 Mil. Therefore, EFFI Capital Nadlan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 12.45%.

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

XTAE:EFCP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.97   Med: 48.2   Max: 62.94
Current: 14.97

During the past 3 years, EFFI Capital Nadlan's highest Return-on-Tangible-Equity was 62.94%. The lowest was 14.97%. And the median was 48.20%.

XTAE:EFCP's Return-on-Tangible-Equity is ranked better than
85.15% of 1757 companies
in the Real Estate industry
Industry Median: 2.83 vs XTAE:EFCP: 14.97

EFFI Capital Nadlan Return-on-Tangible-Equity Historical Data

The historical data trend for EFFI Capital Nadlan'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.

EFFI Capital Nadlan Return-on-Tangible-Equity Chart

EFFI Capital Nadlan Annual Data
Trend Dec20 Dec21 Dec22
Return-on-Tangible-Equity
- 33.46 62.94

EFFI Capital Nadlan Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.62 30.52 27.83 22.83 12.45

Competitive Comparison of EFFI Capital Nadlan's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, EFFI Capital Nadlan'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.


EFFI Capital Nadlan's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



EFFI Capital Nadlan Return-on-Tangible-Equity Calculation

EFFI Capital Nadlan's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=149.124/( (162.367+311.491 )/ 2 )
=149.124/236.929
=62.94 %

EFFI Capital Nadlan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=52.968/( (367.458+483.759)/ 2 )
=52.968/425.6085
=12.45 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


EFFI Capital Nadlan  (XTAE:EFCP) 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.


EFFI Capital Nadlan Return-on-Tangible-Equity Related Terms

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EFFI Capital Nadlan (XTAE:EFCP) Business Description

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Address
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EFFI Capital Nadlan Ltd is a company that operates in the initiation and planning of residential construction projects, it also deals with locating real estate, improvement processes and initiation of Bundline projects on its own or through special purpose corporations (SPCs), which are usually private companies Owned by the company and or owned by the group and various partners.

EFFI Capital Nadlan (XTAE:EFCP) Headlines

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