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CyberOptics (CyberOptics) Return-on-Tangible-Equity : 21.10% (As of Jun. 2022)


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What is CyberOptics 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. CyberOptics's annualized net income for the quarter that ended in Jun. 2022 was $17.6 Mil. CyberOptics's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $83.2 Mil. Therefore, CyberOptics's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 21.10%.

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

CYBE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.6   Med: 2.04   Max: 28.46
Current: 20.95

During the past 13 years, CyberOptics's highest Return-on-Tangible-Equity was 28.46%. The lowest was -14.60%. And the median was 2.04%.

CYBE's Return-on-Tangible-Equity is not ranked
in the Semiconductors industry.
Industry Median: 4.98 vs CYBE: 20.95

CyberOptics Return-on-Tangible-Equity Historical Data

The historical data trend for CyberOptics'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.

CyberOptics Return-on-Tangible-Equity Chart

CyberOptics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 5.38 1.39 9.53 18.06

CyberOptics Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 18.52 26.96 18.04 18.13 21.10

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

For the Semiconductor Equipment & Materials subindustry, CyberOptics'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.


CyberOptics's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CyberOptics's Return-on-Tangible-Equity distribution charts can be found below:

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



CyberOptics Return-on-Tangible-Equity Calculation

CyberOptics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=12.751/( (63.837+77.365 )/ 2 )
=12.751/70.601
=18.06 %

CyberOptics's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=17.556/( (81.083+85.347)/ 2 )
=17.556/83.215
=21.10 %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CyberOptics  (NAS:CYBE) 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.


CyberOptics Return-on-Tangible-Equity Related Terms

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


CyberOptics (CyberOptics) Business Description

Traded in Other Exchanges
N/A
Address
5900 Golden Hills Drive, Minneapolis, MN, USA, 55416
CyberOptics Corp is a developer and manufacturer of sensing technology solutions. The company's products and services are used in the surface mount technology, semiconductor and three-dimensional scanning solutions and services markets. The majority of its products are developed and sold for use in SMT electronic circuit board assembly. The company develops, manufactures and sells non-contact sensors and systems for process control and inspection, and general-purpose metrology. The company's product offerings are sold to original equipment manufacturers and end-user customers.
Executives
Hardy Cordell director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Jeffrey A. Bertelsen officer: CFO and COO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Michael M. Selzer director 2341 JOHN MARSHALL, #273, FLAGSTAFF AZ 86005
Subodh K Kulkarni officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Cheri B Podzimek director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Craig D Gates director
Vivek Mohindra director C/O CYBEROPTICS CORPORATION, 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Alex B Cimochowski director 24424 N. 117TH STREET, SCOTTSDALE AZ 85255
Daniel Good officer: VP Corporate Development 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven J Dimarco officer: VP-Mktg. & Strategic Planning 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Kathleen P Iverson director, officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven K Case director, officer: Chairman
Michael Proulx officer: Vice President-Operations 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Erwin A Kelen director
Scott G Larson officer: Vice President-Finance & CFO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416