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KMD Brands (NZSE:KMD) Return-on-Tangible-Equity : -17.39% (As of Jan. 2024)


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What is KMD Brands 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. KMD Brands's annualized net income for the quarter that ended in Jan. 2024 was NZ$-21 Mil. KMD Brands's average shareholder tangible equity for the quarter that ended in Jan. 2024 was NZ$120 Mil. Therefore, KMD Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was -17.39%.

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

NZSE:KMD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.84   Med: 51.41   Max: 133.93
Current: 9.84

During the past 13 years, KMD Brands's highest Return-on-Tangible-Equity was 133.93%. The lowest was 9.84%. And the median was 51.41%.

NZSE:KMD's Return-on-Tangible-Equity is ranked better than
67.49% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.76 vs NZSE:KMD: 9.84

KMD Brands Return-on-Tangible-Equity Historical Data

The historical data trend for KMD Brands'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.

KMD Brands Return-on-Tangible-Equity Chart

KMD Brands Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.93 10.96 57.63 28.46 27.21

KMD Brands Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -9.94 70.63 22.03 35.98 -17.39

Competitive Comparison of KMD Brands's Return-on-Tangible-Equity

For the Apparel Manufacturing subindustry, KMD Brands'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.


KMD Brands's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KMD Brands's Return-on-Tangible-Equity distribution charts can be found below:

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



KMD Brands Return-on-Tangible-Equity Calculation

KMD Brands's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=35.139/( (126.41+131.864 )/ 2 )
=35.139/129.137
=27.21 %

KMD Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=-20.852/( (131.864+107.952)/ 2 )
=-20.852/119.908
=-17.39 %

* 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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


KMD Brands  (NZSE:KMD) 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.


KMD Brands Return-on-Tangible-Equity Related Terms

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


KMD Brands (NZSE:KMD) Business Description

Traded in Other Exchanges
Address
223 Tuam Street, Christchurch Central, Christchurch, NZL, 8011
KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from Kathmandu segment.

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