Property Connect Holdings (ASX:PCH) Return-on-Tangible-Equity : -218.39% (As of Dec. 2019)

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What is Property Connect 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. Property Connect Holdings's annualized net income for the quarter that ended in Dec. 2019 was A$-0.76 Mil. Property Connect Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2019 was A$0.35 Mil. Therefore, Property Connect Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 was -218.39%.

The historical rank and industry rank for Property Connect Holdings's Return-on-Tangible-Equity or its related term are showing as below:

ASX:PCH's Return-on-Tangible-Equity is not ranked ^*
in the Software industry.
Industry Median: 7.81
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Property Connect Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Property Connect 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.

Property Connect Holdings Return-on-Tangible-Equity Chart

Property Connect Holdings Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Jun16

Jun17

Jun18

Jun19

Jun20

Return-on-Tangible-Equity

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-21,266.67

-518.32

-206.44

-152.65

-323.60

Property Connect Holdings Semi-Annual Data
	Mar10	Sep10	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-330.15	-172.61	-202.62	-218.39	-765.10

Competitive Comparison of Property Connect Holdings's Return-on-Tangible-Equity

For the Software - Application subindustry, Property Connect 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.

Property Connect Holdings's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Property Connect Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Property Connect Holdings's Return-on-Tangible-Equity falls into.

Property Connect Holdings Return-on-Tangible-Equity Calculation

Property Connect Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2020 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Jun. 2020 )		(A: Jun. 2019 )		(A: Jun. 2020 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Jun. 2020 )		(A: Jun. 2019 )		(A: Jun. 2020 )
	=	-0.665	/	( (0.479	+	-0.068 )	/ 2 )
	=	-0.665	/	0.2055
	=	-323.60 %

Property Connect Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Dec. 2019 )		(Q: Jun. 2019 )		(Q: Dec. 2019 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Dec. 2019 )		(Q: Jun. 2019 )		(Q: Dec. 2019 )
	=	-0.76	/	( (0.479	+	0.217)	/ 2 )
	=	-0.76	/	0.348
	=	-218.39 %

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 two times the semi-annual (Dec. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Property Connect Holdings (ASX:PCH) 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.

Property Connect Holdings Return-on-Tangible-Equity Related Terms

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