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. Digital Virgo Group's annualized net income for the quarter that ended in Dec. 2022 was $24.9 Mil. Digital Virgo Group's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $-64.3 Mil. Therefore, Digital Virgo Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was Negative Tangible Equity%.
The historical rank and industry rank for Digital Virgo Group's Return-on-Tangible-Equity or its related term are showing as below:
DVGR's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 14.005 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Digital Virgo Group (NAS:DVGR) 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.
Digital Virgo Group Return-on-Tangible-Equity Related Terms
Digital Virgo Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Digital Virgo Group'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.
Digital Virgo Group Return-on-Tangible-Equity Chart
Digital Virgo Group Annual Data
Trend
Dec21
Dec22
Return-on-Tangible-Equity
Negative Tangible Equity
Negative Tangible Equity
Digital Virgo Group Semi-Annual Data
Dec21
Dec22
Return-on-Tangible-Equity
Negative Tangible Equity
Negative Tangible Equity
DVGR vs : Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Digital Virgo Group'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.
Digital Virgo Group Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Digital Virgo Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Digital Virgo Group's Return-on-Tangible-Equity falls into.
* 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 one times the annual (Dec. 2022) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Digital Virgo Group (DVGR) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Dec. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Digital Virgo Group and its competitors.
Is Digital Virgo Group's Return-on-Tangible-Equity too high?
Digital Virgo Group's current Return-on-Tangible-Equity is Negative Tangible Equity%.
How does Digital Virgo Group's Return-on-Tangible-Equity compare to ?
Digital Virgo Group's Return-on-Tangible-Equity of Negative Tangible Equity% can be compared against companies in the Telecommunication Services industry. The industry median Return-on-Tangible-Equity is 14.01. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.01, based on 326 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 Digital Virgo Group and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Virgo Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Virgo Group stock overvalued right now?
Digital Virgo Group (DVGR) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 Digital Virgo Group (DVGR), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 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.
Digital Virgo Group SA is one of the world's leading mobile payment specialists, implementing powerful monetization ecosystems for telecom operators and merchants, serving as a single destination for customers' mobile content, entertainment, and commerce needs. The company deploys global strategies to optimize payment that consider strategic aspects such as localization, monetization, digital marketing, customer care, or regulatory & compliance framework.
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