What is Auto Trader Group 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. Auto Trader Group's annualized net income for the quarter that ended in Sep. 2023 was $289.1 Mil. Auto Trader Group's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $43.2 Mil. Therefore, Auto Trader Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 669.44%.
The historical rank and industry rank for Auto Trader Group's Return-on-Tangible-Equity or its related term are showing as below:
ATDRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 225.11 Med: 275.9 Max: 870.07
Current: 870.07
During the past 12 years, Auto Trader Group's highest Return-on-Tangible-Equity was 870.07%. The lowest was 225.11%. And the median was 275.90%.
ATDRF's Return-on-Tangible-Equity is ranked better than 92.46% of 504
companies
in the Interactive Media industry
Industry Median: 3.42
vs ATDRF: 870.07
Auto Trader Group Return-on-Tangible-Equity Historical Data
The historical data trend for Auto Trader Group'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.
Competitive Comparison of Auto Trader Group's Return-on-Tangible-Equity
For the Internet Content & Information subindustry, Auto Trader Group'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.
Auto Trader Group's Return-on-Tangible-Equity Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Auto Trader Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Auto Trader Group's Return-on-Tangible-Equity falls into.
Auto Trader Group Return-on-Tangible-Equity Calculation
Auto Trader Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as
* 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 (Sep. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Auto Trader Group (OTCPK:ATDRF) 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.
Auto Trader Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Auto Trader Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Auto Trader Group (Auto Trader Group) Business Description
Auto Trader Group PLC is a digital automotive marketplace based in the UK and Ireland, which provides trading channels for a range of vehicles such as cars, trucks, vans, bikes, and farm machinery, as well as relevant services such as car insurance, loans, valuations, and vehicle check services. The company generates revenue from three streams. It derives trade revenue from retailers and home traders advertising vehicles and using Auto Trader's products, which represent the majority of the group income. Consumer services revenue stems from private sellers placing advertisements and from the company's partners who provide services to consumers. Display advertising revenue is earned from manufacturers or their advertising agencies, which advertise their brand or services on the marketplace.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ATDRF has been successfully added to your 