ADTHW (AdTheorent Holding Co) Return-on-Tangible-Equity: -33.40% (As of Mar. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADTHW AdTheorent Holding Co Inc ADTHW
28 GF Score
Price $0.47
! 4 Warning Signs
View Full Analysis

What is AdTheorent Holding Co Return-on-Tangible-Equity?

AdTheorent Holding Co ADTHW 28 Return-on-Tangible-Equity is -33.40% as of Mar. 2024. GuruFocus rates ADTHW with a GF Score™ of 28/100. The stock has 4 warning signs investors should review.

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. AdTheorent Holding Co's annualized net income for the quarter that ended in Mar. 2024 was $-39.41 Mil. AdTheorent Holding Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $117.98 Mil. Therefore, AdTheorent Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -33.40%.

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

ADTHW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.01   Med: 34.45   Max: 81.63
Current: -4.01

During the past 5 years, AdTheorent Holding Co's highest Return-on-Tangible-Equity was 81.63%. The lowest was -4.01%. And the median was 34.45%.

ADTHW's Return-on-Tangible-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 5.18 vs ADTHW: -4.01

AdTheorent Holding Co  (NAS:ADTHW) 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.


AdTheorent Holding Co Return-on-Tangible-Equity Related Terms


AdTheorent Holding Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for AdTheorent Holding Co'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.

AdTheorent Holding Co Return-on-Tangible-Equity Chart

AdTheorent Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Negative Tangible Equity Negative Tangible Equity 81.63 34.45 0.01

AdTheorent Holding Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -19.37 28.93 -14.36 4.50 -33.40

ADTHW vs TZOO, XNET, EZOO: Return-on-Tangible-Equity Comparison

For the Advertising Agencies subindustry, AdTheorent Holding Co'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.


AdTheorent Holding Co Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AdTheorent Holding Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where AdTheorent Holding Co's Return-on-Tangible-Equity falls into.


ADTHW
28GF Score
AdTheorent Holding Co Inc ADTHW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AdTheorent Holding Co Return-on-Tangible-Equity Calculation

AdTheorent Holding Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=0.007/( (109.4+122.359 )/ 2 )
=0.007/115.8795
=0.01 %

AdTheorent Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-39.408/( (122.359+113.599)/ 2 )
=-39.408/117.979
=-33.40 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -33.40% mean?
AdTheorent Holding Co (ADTHW) has a Return-on-Tangible-Equity of -33.40% as of Mar. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AdTheorent Holding Co and its competitors.
Is AdTheorent Holding Co's Return-on-Tangible-Equity too high?
AdTheorent Holding Co's current Return-on-Tangible-Equity is -33.40%. Overall, AdTheorent Holding Co has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does AdTheorent Holding Co's Return-on-Tangible-Equity compare to TZOO and XNET?
AdTheorent Holding Co's Return-on-Tangible-Equity of -33.40% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Equity is 5.18. 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-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.18, based on 861 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AdTheorent Holding Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AdTheorent Holding Co's current Return-on-Tangible-Equity is -33.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AdTheorent Holding Co stock overvalued right now?
AdTheorent Holding Co (ADTHW) has a current Return-on-Tangible-Equity of -33.40%. The current Return-on-Tangible-Equity is -33.40%. AdTheorent Holding Co's overall GF Score™ is 28/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For AdTheorent Holding Co (ADTHW), the current Return-on-Tangible-Equity is -33.40% as of Mar. 2024. 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.

AdTheorent Holding Co Business Description

Address 330 Hudson Street, 13th Floor, New York, NY, USA, NY 10013
AdTheorent Holding Co Inc is a digital media platform that focuses on performance-first, privacy-forward methods to execute programmatic digital advertising campaigns, serving both advertising agency and brand customers. Geographically it serves Canada, the United Kingdom, and Others. Key revenue is earned from the United States.
28GF Score

Get the complete analysis for ADTHW

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.47
Price