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Elbit Imaging (XTAE:EMITF-M) Return-on-Tangible-Equity : -37.92% (As of Dec. 2024)


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What is Elbit Imaging 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. Elbit Imaging's annualized net income for the quarter that ended in Dec. 2024 was ₪-26.35 Mil. Elbit Imaging's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₪69.49 Mil. Therefore, Elbit Imaging's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -37.92%.

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

XTAE:EMITF-M' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -148.12   Med: -15.74   Max: -3.53
Current: -11.56

During the past 13 years, Elbit Imaging's highest Return-on-Tangible-Equity was -3.53%. The lowest was -148.12%. And the median was -15.74%.

XTAE:EMITF-M's Return-on-Tangible-Equity is ranked worse than
72.49% of 429 companies
in the Diversified Financial Services industry
Industry Median: 1.6 vs XTAE:EMITF-M: -11.56

Elbit Imaging Return-on-Tangible-Equity Historical Data

The historical data trend for Elbit Imaging'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.

Elbit Imaging Return-on-Tangible-Equity Chart

Elbit Imaging 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 Negative Tangible Equity -24.79 -3.53 -8.51 -15.74

Elbit Imaging Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 7.02 -31.30 46.88 44.90 -37.92

Competitive Comparison of Elbit Imaging's Return-on-Tangible-Equity

For the Shell Companies subindustry, Elbit Imaging'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.


Elbit Imaging's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Elbit Imaging's Return-on-Tangible-Equity distribution charts can be found below:

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


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Elbit Imaging Return-on-Tangible-Equity Calculation

Elbit Imaging'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 )
=-5.327/( (-0.693+68.363 )/ 2 )
=-5.327/33.835
=-15.74 %

Elbit Imaging's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-26.352/( (70.622+68.363)/ 2 )
=-26.352/69.4925
=-37.92 %

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


Elbit Imaging  (XTAE:EMITF-M) 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.


Elbit Imaging Return-on-Tangible-Equity Related Terms

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


Elbit Imaging Business Description

Traded in Other Exchanges
Address
3 Shimshon Street, Olympia A Tower, Petach Tikva, ISR, 4900102
Elbit Imaging Ltd is an Israel based company. The business activity of the group is operated through two segments including Medical industries and devices, and Plots in India. Geographically the business presence is in the region of America, Europe, and ROW. The company derives maximum revenue from the Medical industries and devices segment which operates in the field of life science that includes development, production, and marketing of treatment-oriented medical systems, and for certain cancer diseases in the America region.

Elbit Imaging Headlines

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