HDVW (HD View 360) Return-on-Tangible-Equity: -394.07% (As of Sep. 2017)


What is HD View 360 Return-on-Tangible-Equity?

HD View 360 HDVW Return-on-Tangible-Equity is -394.07% as of Sep. 2017.

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. HD View 360's annualized net income for the quarter that ended in Sep. 2017 was $-0.66 Mil. HD View 360's average shareholder tangible equity for the quarter that ended in Sep. 2017 was $0.17 Mil. Therefore, HD View 360's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 was -394.07%.

The historical rank and industry rank for HD View 360's Return-on-Tangible-Equity or its related term are showing as below:

HDVW's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 10.56
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

HD View 360  (OTCPK:HDVW) 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.


HD View 360 Return-on-Tangible-Equity Related Terms


HD View 360 Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for HD View 360'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.

HD View 360 Return-on-Tangible-Equity Chart

HD View 360 Annual Data
Trend Dec15 Dec16
Return-on-Tangible-Equity
61.98 -49.72

HD View 360 Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.99 -121.98 -112.45 -310.03 -394.07

HDVW vs MGNT, UUU, CSAX: Return-on-Tangible-Equity Comparison

For the Security & Protection Services subindustry, HD View 360'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.


HD View 360 Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, HD View 360's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where HD View 360's Return-on-Tangible-Equity falls into.



HD View 360 Return-on-Tangible-Equity Calculation

HD View 360's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-0.132/( (0.242+0.289 )/ 2 )
=-0.132/0.2655
=-49.72 %

HD View 360's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=-0.664/( (0.08+0.257)/ 2 )
=-0.664/0.1685
=-394.07 %

* 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 (Sep. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -394.07% mean?
HD View 360 (HDVW) has a Return-on-Tangible-Equity of -394.07% as of Sep. 2017. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HD View 360 and its competitors.
Is HD View 360's Return-on-Tangible-Equity too high?
HD View 360's current Return-on-Tangible-Equity is -394.07%.
How does HD View 360's Return-on-Tangible-Equity compare to MGNT and UUU?
HD View 360's Return-on-Tangible-Equity of -394.07% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Equity is 10.56. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, based on 1,009 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 HD View 360 and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD View 360's current Return-on-Tangible-Equity is -394.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD View 360 stock overvalued right now?
HD View 360 (HDVW) has a current Return-on-Tangible-Equity of -394.07%. The current Return-on-Tangible-Equity is -394.07%. 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 HD View 360 (HDVW), the current Return-on-Tangible-Equity is -394.07% as of Sep. 2017. 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.

HD View 360 Business Description

Address 150 South East 2nd Avenue, Suite 404, Miami, FL, USA, 33131
HD View 360 Inc is engaged in providing security surveillance products and systems to commercial users. The company designs and installs closed-circuit television systems, using Analog, Internet Protocol and Serial Digital Interface technology. It also distributes network video recorders, HD cameras and accessories.