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Compucom Software (BOM:532339) Return-on-Tangible-Equity : 2.89% (As of Dec. 2023)


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What is Compucom Software 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. Compucom Software's annualized net income for the quarter that ended in Dec. 2023 was ₹40.5 Mil. Compucom Software's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₹1,402.7 Mil. Therefore, Compucom Software's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 2.89%.

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

BOM:532339' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.34   Med: 3.65   Max: 9.69
Current: 5.52

During the past 13 years, Compucom Software's highest Return-on-Tangible-Equity was 9.69%. The lowest was 0.34%. And the median was 3.65%.

BOM:532339's Return-on-Tangible-Equity is ranked worse than
60.76% of 237 companies
in the Education industry
Industry Median: 10.29 vs BOM:532339: 5.52

Compucom Software Return-on-Tangible-Equity Historical Data

The historical data trend for Compucom Software'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.

Compucom Software Return-on-Tangible-Equity Chart

Compucom Software Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 0.34 1.54 9.69 3.63

Compucom Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.73 7.02 2.19 9.77 2.89

Competitive Comparison of Compucom Software's Return-on-Tangible-Equity

For the Education & Training Services subindustry, Compucom Software'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.


Compucom Software's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Compucom Software's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Compucom Software's Return-on-Tangible-Equity falls into.



Compucom Software Return-on-Tangible-Equity Calculation

Compucom Software's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=50.154/( (1370.768+1391.862 )/ 2 )
=50.154/1381.315
=3.63 %

Compucom Software's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=40.496/( (1402.652+0)/ 1 )
=40.496/1402.652
=2.89 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Compucom Software  (BOM:532339) 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.


Compucom Software Return-on-Tangible-Equity Related Terms

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


Compucom Software (BOM:532339) Business Description

Traded in Other Exchanges
Address
IT 14-15, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Compucom Software Ltd supports in offering information and communication technology (ICT) enabled education in government and private schools. The company along with its subsidiaries engaged in Software & E-Governance Services, Learning Solutions, and Wind Power Generation. The company is operating in following reportable segments: Software Development; Wind power generation; Learning Solution. It operates in various areas such as E-Governance projects, ICT Education projects, software design & development, IT and Media Training and Learning Solutions, Wind power generation. It derives the majority of its revenues through its learning solutions business. Geographically it generates the majority of its revenue from India and also has presence in USA.

Compucom Software (BOM:532339) Headlines

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