COLIW (Colicity) Return-on-Tangible-Equity: 13.76% (As of Sep. 2022) — 294% Above Median

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COLIW Colicity Inc COLIW
24 GF Score
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! 2 Warning Signs
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What is Colicity Return-on-Tangible-Equity?

Colicity COLIW 24 Return-on-Tangible-Equity is 13.76% as of Sep. 2022, which is 294% above its 10-year median of 3.49. GuruFocus rates COLIW with a GF Score™ of 24/100. The stock has 2 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. Colicity's annualized net income for the quarter that ended in Sep. 2022 was $46.34 Mil. Colicity's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $336.84 Mil. Therefore, Colicity's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 13.76%.

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

COLIW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.49   Med: 3.49   Max: 5.85
Current: 5.85

During the past 2 years, Colicity's highest Return-on-Tangible-Equity was 5.85%. The lowest was 3.49%. And the median was 3.49%.

COLIW's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.805 vs COLIW: 5.85

Colicity  (NAS:COLIW) 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.


Colicity Return-on-Tangible-Equity Related Terms


Colicity Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Colicity'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.

Colicity Return-on-Tangible-Equity Chart

Colicity Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
0.00 3.49

Colicity Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial 11.62 0.12 6.13 3.18 13.76

COLIW vs DHHC, GSQD, MTVC: Return-on-Tangible-Equity Comparison

For the Shell Companies subindustry, Colicity'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.


Colicity Return-on-Tangible-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Colicity's Return-on-Tangible-Equity distribution charts can be found below:

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


COLIW
24GF Score
Colicity Inc COLIW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Colicity Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=5.649/( (0.019+323.43 )/ 2 )
=5.649/161.7245
=3.49 %

Colicity's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=46.336/( (331.049+342.633)/ 2 )
=46.336/336.841
=13.76 %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 13.76% mean?
Colicity (COLIW) has a Return-on-Tangible-Equity of 13.76% as of Sep. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Colicity and its competitors. This is 294% above median its historical median of 3.49. Over the past decade, Colicity's Return-on-Tangible-Equity has ranged from 3.49 to 5.85.
Is Colicity's Return-on-Tangible-Equity too high?
Colicity's current Return-on-Tangible-Equity of 13.76% is 294% above median its 10-year median of 3.49. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 5.85. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.81. Colicity's value of 13.76% is 662.3% above this industry median. Overall, Colicity has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Colicity's Return-on-Tangible-Equity compare to DHHC and GSQD?
Colicity's Return-on-Tangible-Equity of 13.76% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Equity is 1.81. Colicity's value of 13.76% is 662.3% above this benchmark. Historically, Colicity's own Return-on-Tangible-Equity has ranged from 3.49 to 5.85 over the past decade. While the company's 10-year median is 3.49 vs. the industry median of 1.81, Colicity has consistently been above the industry average. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.81, based on 458 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. Colicity's current Return-on-Tangible-Equity of 13.76% is 662.3% above the industry median. 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 Colicity and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Colicity's current Return-on-Tangible-Equity is 13.76%, which is 294% above median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Colicity stock overvalued right now?
Colicity (COLIW) has a current Return-on-Tangible-Equity of 13.76%. The current Return-on-Tangible-Equity is 13.76%, which is 294% above median its 10-year median of 3.49 and 662.3% above the Diversified Financial Services industry median of 1.81. Colicity's overall GF Score™ is 24/100 with 2 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 Colicity (COLIW), the current Return-on-Tangible-Equity is 13.76% as of Sep. 2022. 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.

Colicity Business Description

Address 2300 Carillon Point, Kirkland, WA, USA, 98033
Colicity Inc is a blank check company.
24GF Score

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

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