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Holobeam (Holobeam) Return-on-Tangible-Equity : 14.15% (As of Dec. 2006)


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What is Holobeam 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. Holobeam's annualized net income for the quarter that ended in Dec. 2006 was $0.40 Mil. Holobeam's average shareholder tangible equity for the quarter that ended in Dec. 2006 was $2.83 Mil. Therefore, Holobeam's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2006 was 14.15%.

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

HOOB's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 3.06
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Holobeam Return-on-Tangible-Equity Historical Data

The historical data trend for Holobeam'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.

Holobeam Return-on-Tangible-Equity Chart

Holobeam Annual Data
Trend Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 10.74 9.45 22.31 14.50

Holobeam Quarterly Data
Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06
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 15.47 -0.32 11.31 32.48 14.15

Competitive Comparison of Holobeam's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, Holobeam'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.


Holobeam's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Holobeam's Return-on-Tangible-Equity distribution charts can be found below:

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



Holobeam Return-on-Tangible-Equity Calculation

Holobeam's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2006 )  (A: Sep. 2005 )(A: Sep. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2006 )  (A: Sep. 2005 )(A: Sep. 2006 )
=0.368/( (2.299+2.776 )/ 2 )
=0.368/2.5375
=14.50 %

Holobeam's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2006 )  (Q: Sep. 2006 )(Q: Dec. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2006 )  (Q: Sep. 2006 )(Q: Dec. 2006 )
=0.4/( (2.776+2.876)/ 2 )
=0.4/2.826
=14.15 %

* 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. 2006) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Holobeam  (OTCPK:HOOB) 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.


Holobeam Return-on-Tangible-Equity Related Terms

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Holobeam (Holobeam) Business Description

Traded in Other Exchanges
N/A
Address
217 First Street, P.O. Box 287, Ho-Ho-Kus, NJ, USA, 07423-0287
Website
Holobeam Inc is a United States based company engaged in the rental and development of real estate properties in New Jersey.

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