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. Malibu Boats's annualized net income for the quarter that ended in Sep. 2024 was $-20.2 Mil. Malibu Boats's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $297.7 Mil. Therefore, Malibu Boats's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -6.78%.
The historical rank and industry rank for Malibu Boats's Return-on-Tangible-Equity or its related term are showing as below:
MBUU'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.63 Med: 171.59 Max: 899.59
Current: -26.63
During the past 13 years, Malibu Boats's highest Return-on-Tangible-Equity was 899.59%. The lowest was -26.63%. And the median was 171.59%.
MBUU's Return-on-Tangible-Equity is ranked worse than 92.77% of 1259
companies
in the Vehicles & Parts industry
Industry Median: 7.45
vs MBUU: -26.63
Malibu Boats Return-on-Tangible-Equity Historical Data
The historical data trend for Malibu Boats'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.
Competitive Comparison of Malibu Boats's Return-on-Tangible-Equity
For the Recreational Vehicles subindustry, Malibu Boats'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.
Malibu Boats's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Malibu Boats'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 (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Malibu Boats Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Malibu Boats's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the us in the 24- to 29-foot segment, in 2017 and Pursuit Boats, which makes high-end offshore and outboard motorboats, in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, including bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.
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