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Obrascon Huarte Lain (Obrascon Huarte Lain) Return-on-Tangible-Equity : 13.95% (As of Sep. 2023)


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What is Obrascon Huarte Lain 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. Obrascon Huarte Lain's annualized net income for the quarter that ended in Sep. 2023 was $58 Mil. Obrascon Huarte Lain's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $417 Mil. Therefore, Obrascon Huarte Lain's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 13.95%.

The historical rank and industry rank for Obrascon Huarte Lain's Return-on-Tangible-Equity or its related term are showing as below:

OBSJF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -134   Med: -33.39   Max: 1.81
Current: 1.59

During the past 13 years, Obrascon Huarte Lain's highest Return-on-Tangible-Equity was 1.81%. The lowest was -134.00%. And the median was -33.39%.

OBSJF's Return-on-Tangible-Equity is ranked worse than
71.92% of 1606 companies
in the Construction industry
Industry Median: 7.855 vs OBSJF: 1.59

Obrascon Huarte Lain Return-on-Tangible-Equity Historical Data

The historical data trend for Obrascon Huarte Lain'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.

Obrascon Huarte Lain Return-on-Tangible-Equity Chart

Obrascon Huarte Lain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -129.88 -32.93 -54.72 1.77 -23.35

Obrascon Huarte Lain Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -26.66 -8.55 -8.30 8.91 13.95

Competitive Comparison of Obrascon Huarte Lain's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Obrascon Huarte Lain'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.


Obrascon Huarte Lain's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Obrascon Huarte Lain's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Obrascon Huarte Lain's Return-on-Tangible-Equity falls into.



Obrascon Huarte Lain Return-on-Tangible-Equity Calculation

Obrascon Huarte Lain's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-102.585/( (485.435+393.271 )/ 2 )
=-102.585/439.353
=-23.35 %

Obrascon Huarte Lain's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=58.24/( (401.544+433.297)/ 2 )
=58.24/417.4205
=13.95 %

* 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 (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Obrascon Huarte Lain  (OTCPK:OBSJF) 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.


Obrascon Huarte Lain Return-on-Tangible-Equity Related Terms

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Obrascon Huarte Lain (Obrascon Huarte Lain) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 259 D, Torrespacio, Madrid, ESP, D-28046
Obrascon Huarte Lain SA is engaged in providing all manner of civil engineering and building construction works for public and private customers. Its object also includes the provision of public and private services, the operation of service concession arrangements and hotel complexes, real estate development and the sale of properties.

Obrascon Huarte Lain (Obrascon Huarte Lain) Headlines

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