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Mongolia Growth Group Return-on-Tangible-Equity

: 45.10% (As of Jun. 2021)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mongolia Growth Group's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2021 was $12.30 Mil. Mongolia Growth Group's average shareholder tangible equity for the quarter that ended in Jun. 2021 was $27.27 Mil. Therefore, Mongolia Growth Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 was 45.10%.

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

OTCPK:MNGGF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.88   Med: -5.31   Max: 58.08
Current: 58.08

-19.88
58.08

During the past 13 years, Mongolia Growth Group's highest Return-on-Tangible-Equity was 58.08%. The lowest was -19.88%. And the median was -5.31%.

OTCPK:MNGGF's Return-on-Tangible-Equity is ranked lower than
99% of the 67 Companies
in the Real Estate industry.

( Industry Median: 6.99 vs. OTCPK:MNGGF: 58.08 )

Mongolia Growth Group Return-on-Tangible-Equity Historical Data

The historical data trend for Mongolia Growth 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.

* Premium members only.

Mongolia Growth Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.13 -10.52 5.35 -12.23 14.67

Mongolia Growth Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Return-on-Tangible-Equity 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 Premium Member Only Premium Member Only Premium Member Only -22.17 18.90 86.18 83.39 45.10

Competitive Comparison

For the Real Estate Services subindustry, Mongolia Growth 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.

   

Mongolia Growth Group Return-on-Tangible-Equity Distribution

For the Real Estate industry and Real Estate sector, Mongolia Growth Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Mongolia Growth Group Return-on-Tangible-Equity Calculation

Mongolia Growth Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=2.9104535873214/( (18.733389019667+20.95870091342 )/ 2 )
=2.9104535873214/19.846044966544
=14.67 %

Mongolia Growth Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=12.297872340426/( (25.713262789403+28.817512274959)/ 2 )
=12.297872340426/27.265387532181
=45.10 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Jun. 2021) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Mongolia Growth Group  (OTCPK:MNGGF) 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 attributable to common stockholders 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.


Mongolia Growth Group Return-on-Tangible-Equity Related Terms

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


Mongolia Growth Group Business Description

Mongolia Growth Group logo
Industry
Real Estate » Real Estate NAICS : 531390 SIC : 7599
Traded in Other Exchanges
Address
100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Mongolia Growth Group Ltd is a real estate investment and development company. It owns commercial investment property assets in Ulaanbaatar, Mongolia. The company operates through two segments: Investment Property Operations and Corporate. The Investment Property operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation or redevelopment.
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