GSAQW (Global Synergy Acquisition) Return-on-Tangible-Equity: 10.39% (As of Mar. 2022) — 49% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GSAQW Global Synergy Acquisition Corp GSAQW
24 GF Score
Price $0.01
! 1 Warning Sign
View Full Analysis

What is Global Synergy Acquisition Return-on-Tangible-Equity?

Global Synergy Acquisition GSAQW 24 Return-on-Tangible-Equity is 10.39% as of Mar. 2022, which is 49% above its 10-year median of 6.97. GuruFocus rates GSAQW with a GF Score™ of 24/100. The stock has 1 warning sign 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. Global Synergy Acquisition's annualized net income for the quarter that ended in Mar. 2022 was $25.27 Mil. Global Synergy Acquisition's average shareholder tangible equity for the quarter that ended in Mar. 2022 was $243.24 Mil. Therefore, Global Synergy Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was 10.39%.

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

GSAQW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.4   Med: 6.97   Max: 6.97
Current: 2.4

During the past 2 years, Global Synergy Acquisition's highest Return-on-Tangible-Equity was 6.97%. The lowest was 2.40%. And the median was 6.97%.

GSAQW's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.805 vs GSAQW: 2.40

Global Synergy Acquisition  (NAS:GSAQW) 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.


Global Synergy Acquisition Return-on-Tangible-Equity Related Terms


Global Synergy Acquisition Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Global Synergy Acquisition'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.

Global Synergy Acquisition Return-on-Tangible-Equity Chart

Global Synergy Acquisition Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
0.00 6.97

Global Synergy Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Return-on-Tangible-Equity Get a 7-Day Free Trial 29.61 -9.96 7.34 1.71 10.39

GSAQW vs PEGR, IOAC, ACAQ: Return-on-Tangible-Equity Comparison

For the Shell Companies subindustry, Global Synergy Acquisition'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.


Global Synergy Acquisition Return-on-Tangible-Equity vs Diversified Financial Services Industry

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

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


GSAQW
24GF Score
Global Synergy Acquisition Corp GSAQW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Synergy Acquisition Return-on-Tangible-Equity Calculation

Global Synergy Acquisition'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 )
=8.361/( (-0.02+240.076 )/ 2 )
=8.361/120.028
=6.97 %

Global Synergy Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=25.272/( (240.076+246.394)/ 2 )
=25.272/243.235
=10.39 %

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

What does a Return-on-Tangible-Equity of 10.39% mean?
Global Synergy Acquisition (GSAQW) has a Return-on-Tangible-Equity of 10.39% as of Mar. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Global Synergy Acquisition and its competitors. This is 49% above median its historical median of 6.97. Over the past decade, Global Synergy Acquisition's Return-on-Tangible-Equity has ranged from 2.40 to 6.97.
Is Global Synergy Acquisition's Return-on-Tangible-Equity too high?
Global Synergy Acquisition's current Return-on-Tangible-Equity of 10.39% is 49% above median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 6.97. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.81. Global Synergy Acquisition's value of 10.39% is 475.6% above this industry median. Overall, Global Synergy Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Global Synergy Acquisition's Return-on-Tangible-Equity compare to PEGR and IOAC?
Global Synergy Acquisition's Return-on-Tangible-Equity of 10.39% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Equity is 1.81. Global Synergy Acquisition's value of 10.39% is 475.6% above this benchmark. Historically, Global Synergy Acquisition's own Return-on-Tangible-Equity has ranged from 2.40 to 6.97 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 1.81, Global Synergy Acquisition 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. Global Synergy Acquisition's current Return-on-Tangible-Equity of 10.39% is 475.6% 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 Global Synergy Acquisition 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. Global Synergy Acquisition's current Return-on-Tangible-Equity is 10.39%, which is 49% above median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Synergy Acquisition stock overvalued right now?
Global Synergy Acquisition (GSAQW) has a current Return-on-Tangible-Equity of 10.39%. The current Return-on-Tangible-Equity is 10.39%, which is 49% above median its 10-year median of 6.97 and 475.6% above the Diversified Financial Services industry median of 1.81. Global Synergy Acquisition's overall GF Score™ is 24/100 with 1 warning sign 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 Global Synergy Acquisition (GSAQW), the current Return-on-Tangible-Equity is 10.39% as of Mar. 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.

Global Synergy Acquisition Business Description

Address 540 Madison Avenue, 17th Floor, New York, NY, USA, 10022
Global Synergy Acquisition Corp is a blank check company.
24GF Score

Get the complete analysis for GSAQW

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

$0.01
Price