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Multilaser Industrial (BSP:MLAS3) Return-on-Tangible-Equity : 0.20% (As of Sep. 2024)


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What is Multilaser Industrial 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. Multilaser Industrial's annualized net income for the quarter that ended in Sep. 2024 was R$6 Mil. Multilaser Industrial's average shareholder tangible equity for the quarter that ended in Sep. 2024 was R$2,961 Mil. Therefore, Multilaser Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 0.20%.

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

BSP:MLAS3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.4   Med: 23.51   Max: 33.35
Current: -14.27

During the past 6 years, Multilaser Industrial's highest Return-on-Tangible-Equity was 33.35%. The lowest was -23.40%. And the median was 23.51%.

BSP:MLAS3's Return-on-Tangible-Equity is ranked worse than
83.46% of 2340 companies
in the Hardware industry
Industry Median: 5.035 vs BSP:MLAS3: -14.27

Multilaser Industrial Return-on-Tangible-Equity Historical Data

The historical data trend for Multilaser Industrial'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.

Multilaser Industrial Return-on-Tangible-Equity Chart

Multilaser Industrial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 22.16 33.35 28.24 2.26 -23.40

Multilaser Industrial Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -23.67 -39.17 -8.95 -6.99 0.20

Competitive Comparison of Multilaser Industrial's Return-on-Tangible-Equity

For the Electronics & Computer Distribution subindustry, Multilaser Industrial'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.


Multilaser Industrial's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Multilaser Industrial's Return-on-Tangible-Equity distribution charts can be found below:

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



Multilaser Industrial Return-on-Tangible-Equity Calculation

Multilaser Industrial'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 )
=-836.178/( (3991.968+3154.796 )/ 2 )
=-836.178/3573.382
=-23.40 %

Multilaser Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=5.936/( (2961.865+2960.915)/ 2 )
=5.936/2961.39
=0.20 %

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


Multilaser Industrial  (BSP:MLAS3) 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.


Multilaser Industrial Return-on-Tangible-Equity Related Terms

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Multilaser Industrial Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Multilaser Industrial Ltd is primarily involved in the electronics and computer supplies segment. It offers Smartphones and Cell Phones, Screens, Audio and Home Theater, Computers and Tablets, Small kitchen appliances, Fans and Heaters Tools, Health and wellness, Beauty and Perfumery, Toys and Babies, Scooters, Bikes, Skateboards and others.

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