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Gulf Hotels Group BSC (BAH:GHG) Return-on-Tangible-Equity : 10.37% (As of Mar. 2024)


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What is Gulf Hotels Group BSC 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. Gulf Hotels Group BSC's annualized net income for the quarter that ended in Mar. 2024 was BHD10.65 Mil. Gulf Hotels Group BSC's average shareholder tangible equity for the quarter that ended in Mar. 2024 was BHD102.72 Mil. Therefore, Gulf Hotels Group BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.37%.

The historical rank and industry rank for Gulf Hotels Group BSC's Return-on-Tangible-Equity or its related term are showing as below:

BAH:GHG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.54   Med: 6.51   Max: 18.31
Current: 6.24

During the past 13 years, Gulf Hotels Group BSC's highest Return-on-Tangible-Equity was 18.31%. The lowest was -7.54%. And the median was 6.51%.

BAH:GHG's Return-on-Tangible-Equity is ranked worse than
55.31% of 754 companies
in the Travel & Leisure industry
Industry Median: 8.2 vs BAH:GHG: 6.24

Gulf Hotels Group BSC Return-on-Tangible-Equity Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC Return-on-Tangible-Equity Chart

Gulf Hotels Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 -7.54 3.35 6.49 6.53

Gulf Hotels Group BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 12.08 4.37 2.68 7.41 10.37

Competitive Comparison of Gulf Hotels Group BSC's Return-on-Tangible-Equity

For the Lodging subindustry, Gulf Hotels Group BSC'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.


Gulf Hotels Group BSC's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Return-on-Tangible-Equity falls into.



Gulf Hotels Group BSC Return-on-Tangible-Equity Calculation

Gulf Hotels Group BSC'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 )
=6.786/( (103.603+104.353 )/ 2 )
=6.786/103.978
=6.53 %

Gulf Hotels Group BSC'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: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=10.652/( (104.353+101.085)/ 2 )
=10.652/102.719
=10.37 %

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


Gulf Hotels Group BSC  (BAH:GHG) 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.


Gulf Hotels Group BSC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Gulf Hotels Group BSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Hotels Group BSC (BAH:GHG) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.