GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saigon General Service Corp (STC:SVC) » Definitions » Return-on-Tangible-Equity

Saigon General Service (STC:SVC) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2009. Start your Free Trial

What is Saigon General Service 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. Saigon General Service's annualized net income for the quarter that ended in . 20 was ₫ Mil. Saigon General Service's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Saigon General Service's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Saigon General Service's Return-on-Tangible-Equity or its related term are showing as below:

STC:SVC's Return-on-Tangible-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.295
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Saigon General Service Return-on-Tangible-Equity Historical Data

The historical data trend for Saigon General Service'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.

Saigon General Service Return-on-Tangible-Equity Chart

Saigon General Service Annual Data
Trend
Return-on-Tangible-Equity

Saigon General Service Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Saigon General Service's Return-on-Tangible-Equity

For the Auto & Truck Dealerships subindustry, Saigon General Service'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.


Saigon General Service's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Saigon General Service's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Saigon General Service's Return-on-Tangible-Equity falls into.



Saigon General Service Return-on-Tangible-Equity Calculation

Saigon General Service's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Saigon General Service's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Saigon General Service  (STC:SVC) 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.


Saigon General Service Return-on-Tangible-Equity Related Terms

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


Saigon General Service (STC:SVC) Business Description

Traded in Other Exchanges
N/A
Address
68 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, VNM
Saigon General Service Corp is engaged in investing and developing automobile and motorbike distributing networks of various brands. The company is involved in the dealership of cars and motorbikes. It also develops real estate projects, such as office buildings, commercial centers, apartments, and resorts. In addition, it provides financial services.