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GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Return-on-Tangible-Equity : 27.20% (As of Dec. 2023)


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What is GOPD Zartkoruen Mukodo Reszvenytarsasag 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. GOPD Zartkoruen Mukodo Reszvenytarsasag's annualized net income for the quarter that ended in Dec. 2023 was Ft2,735 Mil. GOPD Zartkoruen Mukodo Reszvenytarsasag's average shareholder tangible equity for the quarter that ended in Dec. 2023 was Ft10,054 Mil. Therefore, GOPD Zartkoruen Mukodo Reszvenytarsasag's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 27.20%.

The historical rank and industry rank for GOPD Zartkoruen Mukodo Reszvenytarsasag's Return-on-Tangible-Equity or its related term are showing as below:

BUD:GOPD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.06   Med: 11.54   Max: 198.63
Current: 0.06

During the past 6 years, GOPD Zartkoruen Mukodo Reszvenytarsasag's highest Return-on-Tangible-Equity was 198.63%. The lowest was 0.06%. And the median was 11.54%.

BUD:GOPD's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 2.835 vs BUD:GOPD: 0.06

GOPD Zartkoruen Mukodo Reszvenytarsasag Return-on-Tangible-Equity Historical Data

The historical data trend for GOPD Zartkoruen Mukodo Reszvenytarsasag'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.

GOPD Zartkoruen Mukodo Reszvenytarsasag Return-on-Tangible-Equity Chart

GOPD Zartkoruen Mukodo Reszvenytarsasag Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 11.54 198.63 64.64 4.08 0.06

GOPD Zartkoruen Mukodo Reszvenytarsasag Semi-Annual Data
Jun18 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 61.62 -20.11 29.36 -24.38 27.20

Competitive Comparison of GOPD Zartkoruen Mukodo Reszvenytarsasag's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, GOPD Zartkoruen Mukodo Reszvenytarsasag'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.


GOPD Zartkoruen Mukodo Reszvenytarsasag's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GOPD Zartkoruen Mukodo Reszvenytarsasag's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GOPD Zartkoruen Mukodo Reszvenytarsasag's Return-on-Tangible-Equity falls into.



GOPD Zartkoruen Mukodo Reszvenytarsasag Return-on-Tangible-Equity Calculation

GOPD Zartkoruen Mukodo Reszvenytarsasag'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 )
=6.066/( (11714.72+9485.574 )/ 2 )
=6.066/10600.147
=0.06 %

GOPD Zartkoruen Mukodo Reszvenytarsasag'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 )
=2734.796/( (10623.313+9485.574)/ 2 )
=2734.796/10054.4435
=27.20 %

* 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.


GOPD Zartkoruen Mukodo Reszvenytarsasag  (BUD:GOPD) 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.


GOPD Zartkoruen Mukodo Reszvenytarsasag Return-on-Tangible-Equity Related Terms

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GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Business Description

Traded in Other Exchanges
N/A
Address
Fogarasi ut 3, Budapest, HUN, HU-1148
GOPD Zartkoruen Mukodo Reszvenytarsasag is a Hungary based company engaged in property development. The projects of the company include flats in Zuglo and Angyalfold and a residential complex with apartments in Zuglo.

GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Headlines

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