GNRD (General DataComm Industries) Return-on-Tangible-Equity: 0.00% (As of Jun. 2010)

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What is General DataComm Industries Return-on-Tangible-Equity?

General DataComm Industries GNRD Return-on-Tangible-Equity is 0.00% as of Jun. 2010.

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. General DataComm Industries's annualized net income for the quarter that ended in Jun. 2010 was $-3.84 Mil. General DataComm Industries's average shareholder tangible equity for the quarter that ended in Jun. 2010 was $-42.55 Mil. Therefore, General DataComm Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2010 was N/A%.

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

GNRD's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.49
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

General DataComm Industries  (OTCPK:GNRD) 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.


General DataComm Industries Return-on-Tangible-Equity Related Terms


General DataComm Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for General DataComm Industries'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.

General DataComm Industries Return-on-Tangible-Equity Chart

General DataComm Industries Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep05 Sep06 Sep07 Sep08 Sep09
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 0.00 Negative Tangible Equity 0.00 0.00

General DataComm Industries Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 0.00 0.00 0.00 0.00 0.00

GNRD vs OSAT, GTXO, DGDM: Return-on-Tangible-Equity Comparison

For the Communication Equipment subindustry, General DataComm Industries'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.


General DataComm Industries Return-on-Tangible-Equity vs Hardware Industry

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

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



General DataComm Industries Return-on-Tangible-Equity Calculation

General DataComm Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2009 )  (A: Sep. 2008 )(A: Sep. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2009 )  (A: Sep. 2008 )(A: Sep. 2009 )
=-5.568/( (-34.352+-39.859 )/ 2 )
=-5.568/-37.1055
=N/A %

General DataComm Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2010 )  (Q: Mar. 2010 )(Q: Jun. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2010 )  (Q: Mar. 2010 )(Q: Jun. 2010 )
=-3.836/( (-42.08+-43.025)/ 2 )
=-3.836/-42.5525
=N/A %

* 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 (Jun. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
General DataComm Industries (GNRD) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2010. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on General DataComm Industries and its competitors.
Is General DataComm Industries' Return-on-Tangible-Equity too high?
General DataComm Industries' current Return-on-Tangible-Equity is 0.00%.
How does General DataComm Industries' Return-on-Tangible-Equity compare to OSAT and GTXO?
General DataComm Industries' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Hardware industry. The industry median Return-on-Tangible-Equity is 5.49. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.49, based on 2,383 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 General DataComm Industries and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General DataComm Industries's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General DataComm Industries stock overvalued right now?
General DataComm Industries (GNRD) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 General DataComm Industries (GNRD), the current Return-on-Tangible-Equity is 0.00% as of Jun. 2010. 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.

General DataComm Industries Business Description

Address 6 Rubber Avenue, Naugatuck, CT, USA, 06770
General DataComm Industries Inc is a provider of networking and telecommunications products, services and solutions. The company is focused on providing multi-service provisioning solutions using multi-service access and switching products.