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Ihlas Yayin Holding (IST:IHYAY) Return-on-Tangible-Equity : -327.06% (As of Dec. 2023)


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What is Ihlas Yayin Holding 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. Ihlas Yayin Holding's annualized net income for the quarter that ended in Dec. 2023 was ₺-1,467 Mil. Ihlas Yayin Holding's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₺449 Mil. Therefore, Ihlas Yayin Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -327.06%.

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

IST:IHYAY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -83.18   Med: -10.03   Max: 23.21
Current: -80.25

During the past 13 years, Ihlas Yayin Holding's highest Return-on-Tangible-Equity was 23.21%. The lowest was -83.18%. And the median was -10.03%.

IST:IHYAY's Return-on-Tangible-Equity is ranked worse than
91.5% of 894 companies
in the Media - Diversified industry
Industry Median: 5.33 vs IST:IHYAY: -80.25

Ihlas Yayin Holding Return-on-Tangible-Equity Historical Data

The historical data trend for Ihlas Yayin Holding'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.

Ihlas Yayin Holding Return-on-Tangible-Equity Chart

Ihlas Yayin Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 3.39 9.08 -38.81 -83.18

Ihlas Yayin Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -154.77 -8.89 17.25 -6.68 -327.06

Competitive Comparison of Ihlas Yayin Holding's Return-on-Tangible-Equity

For the Publishing subindustry, Ihlas Yayin Holding'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.


Ihlas Yayin Holding's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ihlas Yayin Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ihlas Yayin Holding's Return-on-Tangible-Equity falls into.



Ihlas Yayin Holding Return-on-Tangible-Equity Calculation

Ihlas Yayin Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-364.531/( (440.439+436.066 )/ 2 )
=-364.531/438.2525
=-83.18 %

Ihlas Yayin Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1467.416/( (461.279+436.066)/ 2 )
=-1467.416/448.6725
=-327.06 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ihlas Yayin Holding  (IST:IHYAY) 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.


Ihlas Yayin Holding Return-on-Tangible-Equity Related Terms

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Ihlas Yayin Holding (IST:IHYAY) Business Description

Traded in Other Exchanges
N/A
Address
ihlas Plaza No: 11 B/31, 34197, Central Mah 29 October Cad, Yenibosna-Bahcelievler, Istanbul, TUR, 34197
Ihlas Yayin Holding is a multimedia holding company. It is engaged in offering services in media sector which include radio programs broadcasting, publishing newspapers and magazines, television, news, and communications.

Ihlas Yayin Holding (IST:IHYAY) Headlines

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