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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. Danavation Technologies's annualized net income for the quarter that ended in Jan. 2024 was $-3.33 Mil. Danavation Technologies's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $0.00 Mil. Therefore, Danavation Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.
The historical rank and industry rank for Danavation Technologies's Return-on-Tangible-Equity or its related term are showing as below:
DVNCF's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 9.72 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Danavation Technologies Return-on-Tangible-Equity Related Terms
Danavation Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Danavation Technologies'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.
DVNCF vs PRST, BOMO, BZWR: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Danavation Technologies'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.
Danavation Technologies Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Danavation Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Danavation Technologies'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 four times the quarterly (Jan. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Danavation Technologies (DVNCF) has a Return-on-Tangible-Equity of % as of Jan. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Danavation Technologies and its competitors.
Is Danavation Technologies' Return-on-Tangible-Equity too high?
Danavation Technologies' current Return-on-Tangible-Equity is %.
How does Danavation Technologies' Return-on-Tangible-Equity compare to PRST and BOMO?
Danavation Technologies' Return-on-Tangible-Equity of % can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 9.72. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.72, based on 2,493 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 Danavation Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danavation Technologies's current Return-on-Tangible-Equity is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danavation Technologies stock overvalued right now?
Danavation Technologies (DVNCF) has a current Return-on-Tangible-Equity of %. The current Return-on-Tangible-Equity is %. 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 Danavation Technologies (DVNCF), the current Return-on-Tangible-Equity is % as of Jan. 2024. 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.
Danavation Technologies Corp is an internet of things(IoT) technology company, that provides micro e-paper displays to organizations across North America. The company's Digital Smart Labels, powered by IoT automation technology and software Platform-as-a-Service, enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. The primary revenue streams are; Hardware, Installation and configuration and Software agreements.
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