Maximaa Systems (BOM:526538) Return-on-Tangible-Equity: 0.00% (As of Sep. 2021)

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BOM:526538 Maximaa Systems Ltd BOM:526538
4 GF Score
Price ₹0.84
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What is Maximaa Systems Return-on-Tangible-Equity?

Maximaa Systems BOM:526538 4 Return-on-Tangible-Equity is 0.00% as of Sep. 2021. GuruFocus rates BOM:526538 with a GF Score™ of 4/100.

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. Maximaa Systems's annualized net income for the quarter that ended in Sep. 2021 was ₹-0.01 Mil. Maximaa Systems's average shareholder tangible equity for the quarter that ended in Sep. 2021 was ₹-45.74 Mil. Therefore, Maximaa Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was N/A%.

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

BOM:526538's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.89
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Maximaa Systems  (BOM:526538) 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.


Maximaa Systems Return-on-Tangible-Equity Related Terms


Maximaa Systems Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Maximaa Systems'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.

Maximaa Systems Return-on-Tangible-Equity Chart

Maximaa Systems Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.83 -1.93 -5.16 -192.18 0.00

Maximaa Systems Quarterly Data
Mar16 Jun16 Sep16 Mar17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.00 0.00 Negative Tangible Equity 0.00

BOM:526538 vs ZTS: Return-on-Tangible-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Maximaa Systems'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.


Maximaa Systems Return-on-Tangible-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Maximaa Systems's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:526538
4GF Score
Maximaa Systems Ltd BOM:526538
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Maximaa Systems Return-on-Tangible-Equity Calculation

Maximaa Systems's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=-80.35/( (26.012+-45.742 )/ 2 )
=-80.35/-9.865
=N/A %

Maximaa Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-0.012/( (0+-45.742)/ 1 )
=-0.012/-45.742
=N/A %

* 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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Maximaa Systems (BOM:526538) has a Return-on-Tangible-Equity of 0.00% as of Sep. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Maximaa Systems and its competitors.
Is Maximaa Systems' Return-on-Tangible-Equity too high?
Maximaa Systems' current Return-on-Tangible-Equity is 0.00%. Overall, Maximaa Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Maximaa Systems' Return-on-Tangible-Equity compare to ZTS?
Maximaa Systems' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Drug Manufacturers industry. The industry median Return-on-Tangible-Equity is 7.89. 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.89, based on 901 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 Maximaa Systems and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximaa Systems's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximaa Systems stock overvalued right now?
Maximaa Systems (BOM:526538) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Maximaa Systems' overall GF Score™ is 4/100. 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 Maximaa Systems (BOM:526538), the current Return-on-Tangible-Equity is 0.00% as of Sep. 2021. 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.

Maximaa Systems Business Description

Address Tithal Road, B-1, Yashkamal, Valsad, GJ, IND, 396 001
Maximaa Systems Ltd is an India-based company engaged in the business divisions of Storage systems and the Pharma division. The company provides a heavy-duty pallet racking system, medium duty racking system, drive in the storage system, slotted angle rack, two-tier, three-tier racking system, mobile storage system, compactors, furniture storages, and others. Additionally, the company offers healthcare products for bone and joint care, hair care, neuro care, skincare, and other products.
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