GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moshi Moshi Retail Corp PCL (BKK:MOSHI) » Definitions » Return-on-Tangible-Equity

Moshi Moshi Retail PCL (BKK:MOSHI) Return-on-Tangible-Equity : 18.55% (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Moshi Moshi Retail PCL 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. Moshi Moshi Retail PCL's annualized net income for the quarter that ended in Sep. 2023 was ฿326 Mil. Moshi Moshi Retail PCL's average shareholder tangible equity for the quarter that ended in Sep. 2023 was ฿1,756 Mil. Therefore, Moshi Moshi Retail PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 18.55%.

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

BKK:MOSHI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.26   Med: 17.27   Max: 23.6
Current: 23.6

During the past 2 years, Moshi Moshi Retail PCL's highest Return-on-Tangible-Equity was 23.60%. The lowest was 14.26%. And the median was 17.27%.

BKK:MOSHI's Return-on-Tangible-Equity is ranked better than
78.44% of 1048 companies
in the Retail - Cyclical industry
Industry Median: 7.285 vs BKK:MOSHI: 23.60

Moshi Moshi Retail PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Moshi Moshi Retail PCL'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.

Moshi Moshi Retail PCL Return-on-Tangible-Equity Chart

Moshi Moshi Retail PCL Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Equity
14.26 20.28

Moshi Moshi Retail PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 17.71 35.94 21.22 19.64 18.55

Competitive Comparison of Moshi Moshi Retail PCL's Return-on-Tangible-Equity

For the Department Stores subindustry, Moshi Moshi Retail PCL'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.


Moshi Moshi Retail PCL's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Moshi Moshi Retail PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Moshi Moshi Retail PCL's Return-on-Tangible-Equity falls into.



Moshi Moshi Retail PCL Return-on-Tangible-Equity Calculation

Moshi Moshi Retail PCL'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 )
=253.166/( (920.208+1576.467 )/ 2 )
=253.166/1248.3375
=20.28 %

Moshi Moshi Retail PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=325.728/( (1714.641+1797.694)/ 2 )
=325.728/1756.1675
=18.55 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Moshi Moshi Retail PCL  (BKK:MOSHI) 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.


Moshi Moshi Retail PCL Return-on-Tangible-Equity Related Terms

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


Moshi Moshi Retail PCL (BKK:MOSHI) Business Description

Traded in Other Exchanges
N/A
Address
No. 303 Vanich 1 Road, Khwaeng Chakkrawat, Khet Samphanthawong, Bangkok, THA, 10100
Moshi Moshi Retail Corp PCL is a wholesaler of stylish products and various items used in daily life. The company's product portfolio includes household items, stationery, bag, doll, costume, fashion, health and beauty, cosmetics, IT equipment, toy, candy, and others.

Moshi Moshi Retail PCL (BKK:MOSHI) Headlines

No Headlines