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Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Return-on-Tangible-Equity : -44.55% (As of Dec. 2017)


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What is Yonga Mobilyanayi ve Ticaret AS 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. Yonga Mobilyanayi ve Ticaret AS's annualized net income for the quarter that ended in Dec. 2017 was ₺-8.56 Mil. Yonga Mobilyanayi ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Dec. 2017 was ₺19.22 Mil. Therefore, Yonga Mobilyanayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 was -44.55%.

The historical rank and industry rank for Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:YONGA's Return-on-Tangible-Equity is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.395
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Equity Historical Data

The historical data trend for Yonga Mobilyanayi ve Ticaret AS'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.

Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Equity Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec16 Dec17
Return-on-Tangible-Equity
32.29 31.23 8.47 -24.16

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Jun16 Dec16 Jun17 Dec17
Return-on-Tangible-Equity Get a 7-Day Free Trial 21.42 16.78 4.40 -6.84 -44.55

Competitive Comparison of Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, Yonga Mobilyanayi ve Ticaret AS'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.


Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yonga Mobilyanayi ve Ticaret AS's Return-on-Tangible-Equity falls into.



Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Equity Calculation

Yonga Mobilyanayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-5.084/( (25.304+16.782 )/ 2 )
=-5.084/21.043
=-24.16 %

Yonga Mobilyanayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=-8.564/( (21.661+16.782)/ 2 )
=-8.564/19.2215
=-44.55 %

* 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 two times the semi-annual (Dec. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Yonga Mobilyanayi ve Ticaret AS  (IST:YONGA) 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.


Yonga Mobilyanayi ve Ticaret AS Return-on-Tangible-Equity Related Terms

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Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Business Description

Traded in Other Exchanges
N/A
Address
Kale Mah. Atatürk Bul. No:196, Pamukkale, Denizli, TUR, 20180
Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.

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