STMDF (StartMonday Technology) Return-on-Tangible-Asset: -624.56% (As of Sep. 2018)


What is StartMonday Technology Return-on-Tangible-Asset?

StartMonday Technology STMDF -99.00% Return-on-Tangible-Asset is -624.56% as of Sep. 2018.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. StartMonday Technology's annualized Net Income for the quarter that ended in Sep. 2018 was $-3.20 Mil. StartMonday Technology's average total tangible assets for the quarter that ended in Sep. 2018 was $0.51 Mil. Therefore, StartMonday Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 was -624.56%.

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

STMDF's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 2.02
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

StartMonday Technology  (OTCPK:STMDF) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


StartMonday Technology Return-on-Tangible-Asset Related Terms


StartMonday Technology Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for StartMonday Technology's Return-on-Tangible-Asset 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.

StartMonday Technology Return-on-Tangible-Asset Chart

StartMonday Technology Annual Data
Trend Dec15 Dec16 Dec17
Return-on-Tangible-Asset
-850.00 -4,358.97 -759.20

StartMonday Technology Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,037.33 -1,137.50 -152.99 -330.20 -624.56

STMDF vs DSNY, QUES, ANY: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, StartMonday Technology's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


StartMonday Technology Return-on-Tangible-Asset vs Software Industry

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

* The bar in red indicates where StartMonday Technology's Return-on-Tangible-Asset falls into.



StartMonday Technology Return-on-Tangible-Asset Calculation

StartMonday Technology's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-1.321/( (0.204+0.144)/ 2 )
=-1.321/0.174
=-759.20 %

StartMonday Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=-3.204/( (0.771+0.255)/ 2 )
=-3.204/0.513
=-624.56 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2018) net income data.

What does a Return-on-Tangible-Asset of -624.56% mean?
StartMonday Technology (STMDF) has a Return-on-Tangible-Asset of -624.56% as of Sep. 2018. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on StartMonday Technology and its competitors.
Is StartMonday Technology's Return-on-Tangible-Asset too high?
StartMonday Technology's current Return-on-Tangible-Asset is -624.56%.
How does StartMonday Technology's Return-on-Tangible-Asset compare to DSNY and QUES?
StartMonday Technology's Return-on-Tangible-Asset of -624.56% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.02, based on 2,883 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on StartMonday Technology and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StartMonday Technology's current Return-on-Tangible-Asset is -624.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StartMonday Technology stock overvalued right now?
StartMonday Technology (STMDF) has a current Return-on-Tangible-Asset of -624.56%. The current Return-on-Tangible-Asset is -624.56%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For StartMonday Technology (STMDF), the current Return-on-Tangible-Asset is -624.56% as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

StartMonday Technology Business Description

Address 1920 - 1177 W Hastings Street, Vancouver, BC, CAN, V6E 2K3
StartMonday Technology Corp is principally engaged in candidate selection solutions for employers in the retail and hospitality sectors. The company generates its revenue in the form of licensing services.