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1 Page Return-on-Tangible-Equity

: -60.40%% (As of Jun. 2018)
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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. 1 Page's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2018 was $-10.23 Mil. 1 Page's average shareholder tangible equity for the quarter that ended in Jun. 2018 was $16.94 Mil. Therefore, 1 Page's annualized return on tangible equity (ROTE) for the quarter that ended in Jun. 2018 was -60.40 %%.


1 Page Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

1 Page Annual Data
Jun06 Jun07 Jun08 Jun09 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 Negative Tangible Equity -57.87 -424.75 -65.87

1 Page Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jun18
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 -221.66 -65.18 -37.57 -28.17 -60.40

Competitive Comparison
* 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.


1 Page Return-on-Tangible-Equity Distribution

* The bar in red indicates where 1 Page's Return-on-Tangible-Equity falls into.



1 Page Return-on-Tangible-Equity Calculation

1 Page's annualized Return on Tangible Equity (ROTE) for the fiscal year that ended in Jan. 2016 is calculated as

ROTE=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ 2 )
(A: Jan. 2016 )  (A: Jan. 2015 )(A: Jan. 2016 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ 2 )
(A: Jan. 2016 )  (A: Jan. 2015 )(A: Jan. 2016 )
=-13.3485273492/( (3.21048387097+37.316970547 )/ 2 )
=-13.3485273492/20.263727209
=-65.87 % %

1 Page's annualized Return on Tangible Equity (ROTE) for the quarter that ended in Jun. 2018 is calculated as

ROTE=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ 2 )
(Q: Jun. 2018 )  (Q: Jul. 2017 )(Q: Jun. 2018 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ 2 )
(Q: Jun. 2018 )  (Q: Jul. 2017 )(Q: Jun. 2018 )
=-10.2293853073/( (19.7533177205+14.1184407796)/ 2 )
=-10.2293853073/16.9358792501
=-60.40 % %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 two times the semi-annual (Jun. 2018) net income attributable to common stockholders data. Return on Equity is displayed in the 10-year financial page.


1 Page  (OTCPK:PGQWF) Return-on-Tangible-Equity Explanation

Return on Tangible Equity (ROTE) 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). ROTE shows how well a company uses investment funds to generate earnings growth. ROTEs 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 ROTE companies. Like Return-on-Tangible-Asset, ROTE 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 ROTEs can be extremely high.


1 Page Return-on-Tangible-Equity Related Terms


1 Page Return-on-Tangible-Equity Headlines

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