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Fundviser Capital (India) (BOM:530197) Return-on-Tangible-Equity : -1.96% (As of Dec. 2023)


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What is Fundviser Capital (India) 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. Fundviser Capital (India)'s annualized net income for the quarter that ended in Dec. 2023 was ₹-1.32 Mil. Fundviser Capital (India)'s average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₹67.41 Mil. Therefore, Fundviser Capital (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -1.96%.

The historical rank and industry rank for Fundviser Capital (India)'s Return-on-Tangible-Equity or its related term are showing as below:

BOM:530197' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.16   Med: 0.07   Max: 31.65
Current: 5.46

During the past 13 years, Fundviser Capital (India)'s highest Return-on-Tangible-Equity was 31.65%. The lowest was -15.16%. And the median was 0.07%.

BOM:530197's Return-on-Tangible-Equity is ranked worse than
51.17% of 766 companies
in the Capital Markets industry
Industry Median: 5.76 vs BOM:530197: 5.46

Fundviser Capital (India) Return-on-Tangible-Equity Historical Data

The historical data trend for Fundviser Capital (India)'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.

Fundviser Capital (India) Return-on-Tangible-Equity Chart

Fundviser Capital (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.35 8.66 -0.53 -0.16

Fundviser Capital (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.22 -5.26 -1.70 29.78 -1.96

Competitive Comparison of Fundviser Capital (India)'s Return-on-Tangible-Equity

For the Capital Markets subindustry, Fundviser Capital (India)'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.


Fundviser Capital (India)'s Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fundviser Capital (India)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fundviser Capital (India)'s Return-on-Tangible-Equity falls into.



Fundviser Capital (India) Return-on-Tangible-Equity Calculation

Fundviser Capital (India)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-0.101/( (62.15+64.768 )/ 2 )
=-0.101/63.459
=-0.16 %

Fundviser Capital (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1.324/( (67.411+0)/ 1 )
=-1.324/67.411
=-1.96 %

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


Fundviser Capital (India)  (BOM:530197) 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.


Fundviser Capital (India) Return-on-Tangible-Equity Related Terms

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


Fundviser Capital (India) (BOM:530197) Business Description

Traded in Other Exchanges
N/A
Address
New Prabhadevi Road, Prabhadevi, 602, 6th Floor Orbit Plaza CHS, Plot 952/954, Nagusayajiwadi, Mumbai, MH, IND, 400025
Fundviser Capital (India) Ltd is an India-based company engaged in Investments and Financing. It invests funds in properties and deposits.

Fundviser Capital (India) (BOM:530197) Headlines

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