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Societe Fonciere Lyonnaise (XPAR:FLY) Return-on-Tangible-Equity : -24.42% (As of Dec. 2023)


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What is Societe Fonciere Lyonnaise 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. Societe Fonciere Lyonnaise's annualized net income for the quarter that ended in Dec. 2023 was €-922.6 Mil. Societe Fonciere Lyonnaise's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €3,778.2 Mil. Therefore, Societe Fonciere Lyonnaise's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -24.42%.

The historical rank and industry rank for Societe Fonciere Lyonnaise's Return-on-Tangible-Equity or its related term are showing as below:

XPAR:FLY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.14   Med: 8.89   Max: 19.91
Current: -16.06

During the past 13 years, Societe Fonciere Lyonnaise's highest Return-on-Tangible-Equity was 19.91%. The lowest was -16.14%. And the median was 8.89%.

XPAR:FLY's Return-on-Tangible-Equity is ranked worse than
93.93% of 791 companies
in the REITs industry
Industry Median: 4.59 vs XPAR:FLY: -16.06

Societe Fonciere Lyonnaise Return-on-Tangible-Equity Historical Data

The historical data trend for Societe Fonciere Lyonnaise'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.

Societe Fonciere Lyonnaise Return-on-Tangible-Equity Chart

Societe Fonciere Lyonnaise 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 13.89 6.28 6.47 3.27 -16.14

Societe Fonciere Lyonnaise Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.56 10.04 -3.54 -8.46 -24.42

Competitive Comparison of Societe Fonciere Lyonnaise's Return-on-Tangible-Equity

For the REIT - Office subindustry, Societe Fonciere Lyonnaise'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.


Societe Fonciere Lyonnaise's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Societe Fonciere Lyonnaise's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Societe Fonciere Lyonnaise's Return-on-Tangible-Equity falls into.



Societe Fonciere Lyonnaise Return-on-Tangible-Equity Calculation

Societe Fonciere Lyonnaise'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 )
=-638.767/( (4377.141+3538.743 )/ 2 )
=-638.767/3957.942
=-16.14 %

Societe Fonciere Lyonnaise's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-922.586/( (4017.669+3538.743)/ 2 )
=-922.586/3778.206
=-24.42 %

* 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.


Societe Fonciere Lyonnaise  (XPAR:FLY) 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.


Societe Fonciere Lyonnaise Return-on-Tangible-Equity Related Terms

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Societe Fonciere Lyonnaise (XPAR:FLY) Business Description

Traded in Other Exchanges
N/A
Address
42, rue Washington, Paris, FRA, 75008
Societe Fonciere Lyonnaise SA, or SFL, is a French real estate company primarily involved in the acquisition, development, renovation, and leasing of large office buildings in the major business districts of central and western Paris. The company's real estate portfolio is mostly composed of modern office buildings. Retail properties also make up a sizable amount of SFL's holdings. The vast majority of the company's assets are located in Paris' central business district. SFL derives nearly all of its income in the form of rental revenue from leasing its properties to companies. Its largest tenants include law firms, consultancies, fashion houses, media companies, and financial services groups.

Societe Fonciere Lyonnaise (XPAR:FLY) Headlines