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. NH Hotel Group's annualized net income for the quarter that ended in Dec. 2023 was €166 Mil. NH Hotel Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €712 Mil. Therefore, NH Hotel Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 23.33%.
The historical rank and industry rank for NH Hotel Group's Return-on-Tangible-Equity or its related term are showing as below:
XMAD:NHH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -56.49 Med: 3.86 Max: 18.66
Current: 18.64
During the past 13 years, NH Hotel Group's highest Return-on-Tangible-Equity was 18.66%. The lowest was -56.49%. And the median was 3.86%.
XMAD:NHH's Return-on-Tangible-Equity is ranked better than 69.18% of 756
companies
in the Travel & Leisure industry
Industry Median: 8.16
vs XMAD:NHH: 18.64
NH Hotel Group Return-on-Tangible-Equity Historical Data
The historical data trend for NH Hotel Group'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.
Competitive Comparison of NH Hotel Group's Return-on-Tangible-Equity
For the Lodging subindustry, NH Hotel Group'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.
NH Hotel Group's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, NH Hotel Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NH Hotel Group's Return-on-Tangible-Equity falls into.
NH Hotel Group Return-on-Tangible-Equity Calculation
NH Hotel Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
NH Hotel Group (XMAD:NHH) 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.
NH Hotel Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of NH Hotel Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.
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