GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Marka Yatirim Holding AS (IST:MARKA) » Definitions » Return-on-Tangible-Equity

Marka Yatirim Holding AS (IST:MARKA) Return-on-Tangible-Equity : 5.76% (As of Jun. 2017)


View and export this data going back to 2005. Start your Free Trial

What is Marka Yatirim Holding AS 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. Marka Yatirim Holding AS's annualized net income for the quarter that ended in Jun. 2017 was ₺1.13 Mil. Marka Yatirim Holding AS's average shareholder tangible equity for the quarter that ended in Jun. 2017 was ₺19.65 Mil. Therefore, Marka Yatirim Holding AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was 5.76%.

The historical rank and industry rank for Marka Yatirim Holding AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:MARKA's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 4.98
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Marka Yatirim Holding AS Return-on-Tangible-Equity Historical Data

The historical data trend for Marka Yatirim Holding AS'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.

Marka Yatirim Holding AS Return-on-Tangible-Equity Chart

Marka Yatirim Holding AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -17.90 -33.28 -205.86 47.10 -40.96

Marka Yatirim Holding AS Quarterly Data
Dec09 Mar10 Dec10 Mar11 Sep11 Dec11 Sep12 Dec12 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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 -5.94 166.91 62.23 5.76 -

Competitive Comparison of Marka Yatirim Holding AS's Return-on-Tangible-Equity

For the Asset Management subindustry, Marka Yatirim Holding AS'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.


Marka Yatirim Holding AS's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Marka Yatirim Holding AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Marka Yatirim Holding AS's Return-on-Tangible-Equity falls into.



Marka Yatirim Holding AS Return-on-Tangible-Equity Calculation

Marka Yatirim Holding AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-4.254/( (6.231+14.54 )/ 2 )
=-4.254/10.3855
=-40.96 %

Marka Yatirim Holding AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=1.132/( (20.546+18.752)/ 2 )
=1.132/19.649
=5.76 %

* 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 (Jun. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Marka Yatirim Holding AS  (IST:MARKA) 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.


Marka Yatirim Holding AS Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Marka Yatirim Holding AS's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Marka Yatirim Holding AS (IST:MARKA) Business Description

Traded in Other Exchanges
N/A
Address
No. 211/64, Abide-i Hürriyet cad, Bolkan center A-B-C Bloklar, istanbul, TUR
Marka Yatirim Holding AS is an investment company. It invests & manages portfolio of capital market instruments traded on the domestic & international stock exchanges, gold and other precious metals.

Marka Yatirim Holding AS (IST:MARKA) Headlines

No Headlines