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.
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.
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. HQ Global Education's annualized net income for the quarter that ended in Nov. 2011 was $22.22 Mil. HQ Global Education's average shareholder tangible equity for the quarter that ended in Nov. 2011 was $56.34 Mil. Therefore, HQ Global Education's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2011 was 39.43%.
The historical rank and industry rank for HQ Global Education's Return-on-Tangible-Equity or its related term are showing as below:
HQGE's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.275 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
HQ Global Education (OTCPK:HQGE) 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.
HQ Global Education Return-on-Tangible-Equity Related Terms
HQ Global Education Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for HQ Global Education'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.
HQ Global Education Return-on-Tangible-Equity Chart
HQGE vs BKIT, BIEI, OPTI: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, HQ Global Education'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.
HQ Global Education Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, HQ Global Education's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HQ Global Education'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 (Nov. 2011) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 39.43% mean?
HQ Global Education (HQGE) has a Return-on-Tangible-Equity of 39.43% as of Nov. 2011. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HQ Global Education and its competitors.
Is HQ Global Education's Return-on-Tangible-Equity too high?
HQ Global Education's current Return-on-Tangible-Equity is 39.43%. The Media - Diversified industry median Return-on-Tangible-Equity is 5.28. HQ Global Education's value of 39.43% is 647.5% above this industry median.
How does HQ Global Education's Return-on-Tangible-Equity compare to BKIT and BIEI?
HQ Global Education's Return-on-Tangible-Equity of 39.43% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Equity is 5.28. HQ Global Education's value of 39.43% is 647.5% above this benchmark. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.28, based on 860 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. HQ Global Education's current Return-on-Tangible-Equity of 39.43% is 647.5% 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 HQ Global Education and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HQ Global Education's current Return-on-Tangible-Equity is 39.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HQ Global Education stock overvalued right now?
HQ Global Education (HQGE) has a current Return-on-Tangible-Equity of 39.43%. The current Return-on-Tangible-Equity is 39.43% and 647.5% above the Media - Diversified industry median of 5.28. 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 HQ Global Education (HQGE), the current Return-on-Tangible-Equity is 39.43% as of Nov. 2011. 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.
HQ Global Education Inc is a provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HQGE has been successfully added to your 
