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Group Psagot For Finance And Investments (XTAE:GPST) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Group Psagot For Finance And Investments 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. Group Psagot For Finance And Investments's annualized net income for the quarter that ended in . 20 was ₪ Mil. Group Psagot For Finance And Investments's average shareholder tangible equity for the quarter that ended in . 20 was ₪ Mil. Therefore, Group Psagot For Finance And Investments's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Group Psagot For Finance And Investments's Return-on-Tangible-Equity or its related term are showing as below:

XTAE:GPST's Return-on-Tangible-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 5.645
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Group Psagot For Finance And Investments Return-on-Tangible-Equity Historical Data

The historical data trend for Group Psagot For Finance And Investments'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.

Group Psagot For Finance And Investments Return-on-Tangible-Equity Chart

Group Psagot For Finance And Investments Annual Data
Trend
Return-on-Tangible-Equity

Group Psagot For Finance And Investments Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Group Psagot For Finance And Investments's Return-on-Tangible-Equity

For the Capital Markets subindustry, Group Psagot For Finance And Investments'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.


Group Psagot For Finance And Investments's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Group Psagot For Finance And Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Group Psagot For Finance And Investments's Return-on-Tangible-Equity falls into.



Group Psagot For Finance And Investments Return-on-Tangible-Equity Calculation

Group Psagot For Finance And Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Group Psagot For Finance And Investments's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 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 four times the quarterly (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Group Psagot For Finance And Investments  (XTAE:GPST) 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.


Group Psagot For Finance And Investments Return-on-Tangible-Equity Related Terms

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Group Psagot For Finance And Investments (XTAE:GPST) Business Description

Traded in Other Exchanges
N/A
Address
14 Arie Shenkar, Herzliya, ISR, 4672514
Group Psagot For Finance And Investments Ltd is a financial services provider. The company offers its customers a cost-effective and immediate solution to improve cash flow through a professional and reliable check discounting service. It provides financial services to small businesses in Israel.

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