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Visual International Holdings (JSE:VIS) Return-on-Tangible-Equity : 0.00% (As of Aug. 2023)


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What is Visual International 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. Visual International Holdings's annualized net income for the quarter that ended in Aug. 2023 was R-5.18 Mil. Visual International Holdings's average shareholder tangible equity for the quarter that ended in Aug. 2023 was R-21.00 Mil. Therefore, Visual International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was N/A%.

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

During the past 10 years, Visual International Holdings's highest Return-on-Tangible-Equity was 19.63%. The lowest was -415.28%. And the median was -17.30%.

JSE:VIS's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 2.83
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Visual International Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Visual International 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.

Visual International Holdings Return-on-Tangible-Equity Chart

Visual International Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.48 -415.28 - - -

Visual International Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - - - - -

Competitive Comparison of Visual International Holdings's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Visual International 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.


Visual International Holdings's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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



Visual International Holdings Return-on-Tangible-Equity Calculation

Visual International Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=-7.128/( (-12.58+-19.708 )/ 2 )
=-7.128/-16.144
=N/A %

Visual International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=-5.176/( (-19.708+-22.296)/ 2 )
=-5.176/-21.002
=N/A %

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


Visual International Holdings  (JSE:VIS) 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.


Visual International Holdings Return-on-Tangible-Equity Related Terms

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


Visual International Holdings (JSE:VIS) Business Description

Traded in Other Exchanges
N/A
Address
23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550
Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.