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Megaron (WAR:MEG) Return-on-Tangible-Equity

: -26.63% (As of Dec. 2022)
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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. Megaron's annualized net income for the quarter that ended in Dec. 2022 was zł-5.50 Mil. Megaron's average shareholder tangible equity for the quarter that ended in Dec. 2022 was zł20.65 Mil. Therefore, Megaron's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was -26.63%.

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

WAR:MEG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.62   Med: 15.62   Max: 21.92
Current: -6.62

During the past 13 years, Megaron's highest Return-on-Tangible-Equity was 21.92%. The lowest was -6.62%. And the median was 15.62%.

WAR:MEG's Return-on-Tangible-Equity is ranked worse than
87.64% of 364 companies
in the Building Materials industry
Industry Median: 6.70 vs WAR:MEG: -6.62

Megaron Return-on-Tangible-Equity Historical Data

The historical data trend for Megaron'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.

Megaron Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.92 16.79 14.44 8.54 -5.06

Megaron Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22
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 8.23 -7.35 - -0.41 -26.63

Competitive Comparison

For the Building Materials subindustry, Megaron'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.

   

Megaron Return-on-Tangible-Equity Distribution

For the Building Materials industry and Basic Materials sector, Megaron's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Megaron's Return-on-Tangible-Equity falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Equity's extreme value range as defined by GuruFocus.



Megaron Return-on-Tangible-Equity Calculation

Megaron's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.053/( (21.677+19.931 )/ 2 )
=-1.053/20.804
=-5.06 %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-5.5/( (21.372+19.931)/ 2 )
=-5.5/20.6515
=-26.63 %

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


Megaron  (WAR:MEG) 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.


Megaron Return-on-Tangible-Equity Related Terms

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


Megaron (WAR:MEG) Business Description

Megaron logo
Traded in Other Exchanges
N/A
Address
Ul Pyrzycka 3 e f, Szczecin, POL, 70-892
Megaron SA is a Poland based company engaged in the production and distribution of building materials. It offers plaster coats, gypsum putty, and assembly adhesives. The company sells its products through distributors and sales representatives.

Megaron (WAR:MEG) Headlines

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