LGI Return On Tangible Assets from 2010 to 2024

LGIH Stock  USD 105.82  3.09  3.01%   
LGI Homes' Return On Tangible Assets are decreasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to 0.06. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.05866808
Current Value
0.0557
Quarterly Volatility
0.04661619
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LGI Homes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LGI Homes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 92 M or Selling General Administrative of 63.3 M, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0468 or PTB Ratio of 2.86. LGI financial statements analysis is a perfect complement when working with LGI Homes Valuation or Volatility modules.
  
Check out the analysis of LGI Homes Correlation against competitors.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.

Latest LGI Homes' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of LGI Homes over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. LGI Homes' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LGI Homes' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

LGI Return On Tangible Assets Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.11
Coefficient Of Variation39.74
Mean Deviation0.04
Median0.11
Standard Deviation0.05
Sample Variance0
Range0.1573
R-Value(0.32)
Mean Square Error0
R-Squared0.11
Significance0.24
Slope(0)
Total Sum of Squares0.03

LGI Return On Tangible Assets History

2024 0.0557
2023 0.0587
2022 0.1
2020 0.18
2016 0.0935
2015 0.0866
2014 0.0663

About LGI Homes Financial Statements

Investors use fundamental indicators, such as LGI Homes' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although LGI Homes' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 

Currently Active Assets on Macroaxis

When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out the analysis of LGI Homes Correlation against competitors.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGI Homes. If investors know LGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Earnings Share
8.36
Revenue Per Share
95.936
Quarterly Revenue Growth
0.056
Return On Assets
0.0402
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.