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M&A Research Institute Holdings (TSE:9552) Return-on-Tangible-Equity : 47.93% (As of Mar. 2024)


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What is M&A Research Institute Holdings 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. M&A Research Institute Holdings's annualized net income for the quarter that ended in Mar. 2024 was 円3,992 Mil. M&A Research Institute Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2024 was 円8,328 Mil. Therefore, M&A Research Institute Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 47.93%.

The historical rank and industry rank for M&A Research Institute Holdings's Return-on-Tangible-Equity or its related term are showing as below:

TSE:9552' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.05   Med: 62.41   Max: 71.82
Current: 66.25

During the past 4 years, M&A Research Institute Holdings's highest Return-on-Tangible-Equity was 71.82%. The lowest was 1.05%. And the median was 62.41%.

TSE:9552's Return-on-Tangible-Equity is ranked better than
92.6% of 770 companies
in the Capital Markets industry
Industry Median: 5.79 vs TSE:9552: 66.25

M&A Research Institute Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for M&A Research Institute Holdings'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.

M&A Research Institute Holdings Return-on-Tangible-Equity Chart

M&A Research Institute Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
1.05 62.65 71.82 62.16

M&A Research Institute Holdings Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 58.07 69.85 16.03 129.68 47.93

Competitive Comparison of M&A Research Institute Holdings's Return-on-Tangible-Equity

For the Capital Markets subindustry, M&A Research Institute Holdings'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.


M&A Research Institute Holdings's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, M&A Research Institute Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where M&A Research Institute Holdings's Return-on-Tangible-Equity falls into.



M&A Research Institute Holdings Return-on-Tangible-Equity Calculation

M&A Research Institute Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=2646.864/( (2924.349+5591.773 )/ 2 )
=2646.864/4258.061
=62.16 %

M&A Research Institute Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=3991.552/( (7828.537+8827.276)/ 2 )
=3991.552/8327.9065
=47.93 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


M&A Research Institute Holdings  (TSE:9552) 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.


M&A Research Institute Holdings Return-on-Tangible-Equity Related Terms

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M&A Research Institute Holdings (TSE:9552) Business Description

Traded in Other Exchanges
Address
1-8-1 Marunouchi, Marunouchi Trust Tower N Building 17 Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
M&A Research Institute Holdings Inc is a technology-based M&A brokerage company.

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