SIF Imobiliare (BSE:SIFI) Return-on-Tangible-Equity : 12.01% (As of Dec. 2023)

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What is SIF Imobiliare 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. SIF Imobiliare's annualized net income for the quarter that ended in Dec. 2023 was lei40.06 Mil. SIF Imobiliare's average shareholder tangible equity for the quarter that ended in Dec. 2023 was lei333.46 Mil. Therefore, SIF Imobiliare's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 12.01%.

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

BSE:SIFI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.28 Med: 8.15 Max: 12.32
Current: 12.01

During the past 7 years, SIF Imobiliare's highest Return-on-Tangible-Equity was 12.32%. The lowest was 4.28%. And the median was 8.15%.

BSE:SIFI's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 2.835 vs BSE:SIFI: 12.01

SIF Imobiliare Return-on-Tangible-Equity Historical Data

The historical data trend for SIF Imobiliare'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.

SIF Imobiliare Return-on-Tangible-Equity Chart

SIF Imobiliare Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Return-on-Tangible-Equity

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4.28

9.47

7.56

8.15

12.01

SIF Imobiliare Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Return-on-Tangible-Equity	Get a 7-Day Free Trial			4.28	9.47	7.56	8.15	12.01

Competitive Comparison of SIF Imobiliare's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, SIF Imobiliare'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.

SIF Imobiliare's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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

SIF Imobiliare Return-on-Tangible-Equity Calculation

SIF Imobiliare'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 )
	=	40.056	/	( (329.037	+	337.892 )	/ 2 )
	=	40.056	/	333.4645
	=	12.01 %

SIF Imobiliare'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	40.056	/	( (329.037	+	337.892)	/ 2 )
	=	40.056	/	333.4645
	=	12.01 %

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 one times the annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

SIF Imobiliare (BSE:SIFI) 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.

SIF Imobiliare Return-on-Tangible-Equity Related Terms

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