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Omni Financial Services (Omni Financial Services) Return-on-Tangible-Equity : 9.85% (As of Sep. 2007)


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What is Omni Financial Services 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. Omni Financial Services's annualized net income for the quarter that ended in Sep. 2007 was $6.70 Mil. Omni Financial Services's average shareholder tangible equity for the quarter that ended in Sep. 2007 was $68.00 Mil. Therefore, Omni Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2007 was 9.85%.

The historical rank and industry rank for Omni Financial Services's Return-on-Tangible-Equity or its related term are showing as below:

OFSI's Return-on-Tangible-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 5.665
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Omni Financial Services Return-on-Tangible-Equity Historical Data

The historical data trend for Omni Financial Services'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.

Omni Financial Services Return-on-Tangible-Equity Chart

Omni Financial Services Annual Data
Trend Dec01 Dec02 Dec04 Dec05 Dec06
Return-on-Tangible-Equity
10.13 6.03 20.97 22.23 20.25

Omni Financial Services Quarterly Data
Dec01 Dec02 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 18.17 11.66 8.52 10.05 9.85

Competitive Comparison of Omni Financial Services's Return-on-Tangible-Equity

For the Capital Markets subindustry, Omni Financial Services'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.


Omni Financial Services's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Omni Financial Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Omni Financial Services's Return-on-Tangible-Equity falls into.



Omni Financial Services Return-on-Tangible-Equity Calculation

Omni Financial Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2006 )  (A: Dec. 2005 )(A: Dec. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2006 )  (A: Dec. 2005 )(A: Dec. 2006 )
=9.306/( (24.328+67.593 )/ 2 )
=9.306/45.9605
=20.25 %

Omni Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2007 )  (Q: Jun. 2007 )(Q: Sep. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2007 )  (Q: Jun. 2007 )(Q: Sep. 2007 )
=6.696/( (67.131+68.875)/ 2 )
=6.696/68.003
=9.85 %

* 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. 2007) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Omni Financial Services  (OTCPK:OFSI) 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.


Omni Financial Services Return-on-Tangible-Equity Related Terms

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


Omni Financial Services (Omni Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
12610 New Brittany Boulevard, Suite 2300, Ft. Myers, FL, USA, 33907
Omni Financial Services Inc is a financial services firm, helping its clients improve their long-term financial success. It offers financial products and the advice and expertise of financial professionals in the industry. It provides financial solutions to individuals and businesses.

Omni Financial Services (Omni Financial Services) Headlines

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