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CDA (Compagnie des Alpes) (XPAR:CDA) Return-on-Tangible-Equity : 39.21% (As of Mar. 2024)


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What is CDA (Compagnie des Alpes) 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. CDA (Compagnie des Alpes)'s annualized net income for the quarter that ended in Mar. 2024 was €255 Mil. CDA (Compagnie des Alpes)'s average shareholder tangible equity for the quarter that ended in Mar. 2024 was €652 Mil. Therefore, CDA (Compagnie des Alpes)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 39.21%.

The historical rank and industry rank for CDA (Compagnie des Alpes)'s Return-on-Tangible-Equity or its related term are showing as below:

XPAR:CDA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.12   Med: 8.52   Max: 19.17
Current: 17.2

During the past 13 years, CDA (Compagnie des Alpes)'s highest Return-on-Tangible-Equity was 19.17%. The lowest was -26.12%. And the median was 8.52%.

XPAR:CDA's Return-on-Tangible-Equity is ranked better than
67.11% of 754 companies
in the Travel & Leisure industry
Industry Median: 8.2 vs XPAR:CDA: 17.20

CDA (Compagnie des Alpes) Return-on-Tangible-Equity Historical Data

The historical data trend for CDA (Compagnie des Alpes)'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.

CDA (Compagnie des Alpes) Return-on-Tangible-Equity Chart

CDA (Compagnie des Alpes) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.39 -24.29 -26.12 19.17 14.25

CDA (Compagnie des Alpes) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 37.92 0.53 33.71 -5.58 39.21

Competitive Comparison of CDA (Compagnie des Alpes)'s Return-on-Tangible-Equity

For the Leisure subindustry, CDA (Compagnie des Alpes)'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.


CDA (Compagnie des Alpes)'s Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CDA (Compagnie des Alpes)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CDA (Compagnie des Alpes)'s Return-on-Tangible-Equity falls into.



CDA (Compagnie des Alpes) Return-on-Tangible-Equity Calculation

CDA (Compagnie des Alpes)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=90.371/( (653.719+614.86 )/ 2 )
=90.371/634.2895
=14.25 %

CDA (Compagnie des Alpes)'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 )
=255.48/( (614.86+688.327)/ 2 )
=255.48/651.5935
=39.21 %

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


CDA (Compagnie des Alpes)  (XPAR:CDA) 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.


CDA (Compagnie des Alpes) Return-on-Tangible-Equity Related Terms

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CDA (Compagnie des Alpes) (XPAR:CDA) Business Description

Traded in Other Exchanges
Address
50-52 Boulevard Haussmann, Paris, FRA, 75009
CDA (Compagnie des Alpes) is a France-based holding company. The group's main business activity is the operation of entertainment facilities. Its primary operating segments are ski areas, which include the operation of ski lifts and maintenance of ski runs and trails; leisure parks, which cover the operation of theme parks, combined amusement and animal parks, water parks, wax museums, and tourist sites; and Holding & support segment.

CDA (Compagnie des Alpes) (XPAR:CDA) Headlines

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