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MMCnayi Ve Ticari Yatirimlar AS (IST:MMCAS) Return-on-Tangible-Equity : -103.96% (As of Dec. 2020)


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What is MMCnayi Ve Ticari Yatirimlar AS 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. MMCnayi Ve Ticari Yatirimlar AS's annualized net income for the quarter that ended in Dec. 2020 was ₺-1.06 Mil. MMCnayi Ve Ticari Yatirimlar AS's average shareholder tangible equity for the quarter that ended in Dec. 2020 was ₺1.02 Mil. Therefore, MMCnayi Ve Ticari Yatirimlar AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 was -103.96%.

The historical rank and industry rank for MMCnayi Ve Ticari Yatirimlar AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:MMCAS's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 9.73
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

MMCnayi Ve Ticari Yatirimlar AS Return-on-Tangible-Equity Historical Data

The historical data trend for MMCnayi Ve Ticari Yatirimlar AS'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.

MMCnayi Ve Ticari Yatirimlar AS Return-on-Tangible-Equity Chart

MMCnayi Ve Ticari Yatirimlar AS Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial 3.32 -5.33 -151.80 22.59 2.07

MMCnayi Ve Ticari Yatirimlar AS Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep16 Sep17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 170.36 -30.51 150.52 5.56 -103.96

Competitive Comparison of MMCnayi Ve Ticari Yatirimlar AS's Return-on-Tangible-Equity

For the Integrated Freight & Logistics subindustry, MMCnayi Ve Ticari Yatirimlar AS'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.


MMCnayi Ve Ticari Yatirimlar AS's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MMCnayi Ve Ticari Yatirimlar AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where MMCnayi Ve Ticari Yatirimlar AS's Return-on-Tangible-Equity falls into.



MMCnayi Ve Ticari Yatirimlar AS Return-on-Tangible-Equity Calculation

MMCnayi Ve Ticari Yatirimlar AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=0.018/( (0.857+0.881 )/ 2 )
=0.018/0.869
=2.07 %

MMCnayi Ve Ticari Yatirimlar AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=-1.064/( (1.166+0.881)/ 2 )
=-1.064/1.0235
=-103.96 %

* 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. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MMCnayi Ve Ticari Yatirimlar AS  (IST:MMCAS) 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.


MMCnayi Ve Ticari Yatirimlar AS Return-on-Tangible-Equity Related Terms

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MMCnayi Ve Ticari Yatirimlar AS (IST:MMCAS) Business Description

Traded in Other Exchanges
N/A
Address
Merkez mah.Kagithane Cad., Dap valley Y Office 5/55, Kagithane, Istanbul, TUR, 34696
MMC Sanayi Ve Ticari Yatirimlar AS provides transportation and agency services such as port handling, heavy load, and unloading services, documentation, and others. It also engages in the pharmaceutical industry, electronic commerce, and real estate investments.

MMCnayi Ve Ticari Yatirimlar AS (IST:MMCAS) Headlines

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