GURUFOCUS.COM » STOCK LIST » Technology » Software » Planet Payment Inc (NAS:PLPM) » Definitions » Return-on-Tangible-Equity

Planet Payment (Planet Payment) Return-on-Tangible-Equity : 38.37% (As of Sep. 2017)


View and export this data going back to 2008. Start your Free Trial

What is Planet Payment 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. Planet Payment's annualized net income for the quarter that ended in Sep. 2017 was $14.78 Mil. Planet Payment's average shareholder tangible equity for the quarter that ended in Sep. 2017 was $38.52 Mil. Therefore, Planet Payment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 was 38.37%.

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

PLPM's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.84
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Planet Payment Return-on-Tangible-Equity Historical Data

The historical data trend for Planet Payment'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.

Planet Payment Return-on-Tangible-Equity Chart

Planet Payment Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.48 0.21 21.85 49.24 89.71

Planet Payment Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 79.41 389.94 17.50 22.44 38.37

Competitive Comparison of Planet Payment's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Planet Payment'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.


Planet Payment's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Planet Payment Return-on-Tangible-Equity Calculation

Planet Payment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=25.072/( (24.934+30.961 )/ 2 )
=25.072/27.9475
=89.71 %

Planet Payment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=14.78/( (36.395+40.651)/ 2 )
=14.78/38.523
=38.37 %

* 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 (Sep. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Planet Payment  (NAS:PLPM) 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.


Planet Payment Return-on-Tangible-Equity Related Terms

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


Planet Payment (Planet Payment) Business Description

Traded in Other Exchanges
N/A
Address
Planet Payment Inc is a provider of international payment and transaction processing and multi-currency processing services. It organizes its business operations through two segments: Multi Currency Processing Services and Payment Processing Services. Its service portfolio consists of payment processing, multi-currency processing, gateway, data analytics, and commercial transaction services. The company provides its services across the Asia-Pacific region, the Americas, the Middle East, Africa and Europe. It generates the majority of its revenue from Multi Currency Processing Services segment.
Executives
Carl J Williams director, officer: See Remarks 10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30189
Shane H. Kim director 500 E. PRATT STREET, SUITE 1200, BALTIMORE MD 21202
David L Warnock other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Jason Tagler other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Joseph T Sherman other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Fund Ii B Lp other: See Remarks
Camden Partners Strategic Ii Llc other: See Remarks
Camden Partners Strategic Fund Ii A Lp other: See Remarks
Camden Partners Strategic Manager, Llc other: See Remarks 500 E. PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Iii, Llc other: See Remarks ONE SOUTH STREET, SUITE 2150, BALTIMORE MD 21202
Camden Partners Strategic Fund Iii-a Lp other: See Remarks
Camden Partners Strategic Fund Iii Lp other: See Remarks
Donald W Hughes other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Christopher W Kersey other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Philip D Beck director C/O PLANET PAYMENT, INC., 670 LONG BEACH BOULEVARD, LONG BEACH NY 11561

Planet Payment (Planet Payment) Headlines

No Headlines