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FNCHF (FINEOS Holdings) Return-on-Tangible-Equity : -46.92% (As of Jun. 2024)


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What is FINEOS Holdings 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. FINEOS Holdings's annualized net income for the quarter that ended in Jun. 2024 was $-11.5 Mil. FINEOS Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2024 was $24.4 Mil. Therefore, FINEOS Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -46.92%.

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

FNCHF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -148.22   Med: -76.59   Max: -0.76
Current: -66.9

During the past 3 years, FINEOS Holdings's highest Return-on-Tangible-Equity was -0.76%. The lowest was -148.22%. And the median was -76.59%.

FNCHF's Return-on-Tangible-Equity is ranked worse than
88.71% of 2400 companies
in the Software industry
Industry Median: 8.715 vs FNCHF: -66.90

FINEOS Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for FINEOS Holdings'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.

FINEOS Holdings Return-on-Tangible-Equity Chart

FINEOS Holdings Annual Data
Trend Jun20 Jun21 Jun22
Return-on-Tangible-Equity
-0.76 -84.37 -147.55

FINEOS Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -109.58 -115.06 -101.83 -78.62 -46.92

Competitive Comparison of FINEOS Holdings's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, FINEOS Holdings'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.


FINEOS Holdings's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, FINEOS Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



FINEOS Holdings Return-on-Tangible-Equity Calculation

FINEOS Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-27.48/( (2.071+35.177 )/ 2 )
=-27.48/18.624
=-147.55 %

FINEOS Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-11.452/( (27.61+21.21)/ 2 )
=-11.452/24.41
=-46.92 %

* 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 two times the semi-annual (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


FINEOS Holdings  (OTCPK:FNCHF) 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.


FINEOS Holdings Return-on-Tangible-Equity Related Terms

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


FINEOS Holdings Business Description

Traded in Other Exchanges
Address
East Point Business Park, Alfy Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97
Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.