GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davi Luxury Brand Group Inc (OTCPK:MDAV) » Definitions » Return-on-Tangible-Equity

Davi Luxury Brand Group (Davi Luxury Brand Group) Return-on-Tangible-Equity : -171.43% (As of Mar. 2014)


View and export this data going back to 2009. Start your Free Trial

What is Davi Luxury Brand Group 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. Davi Luxury Brand Group's annualized net income for the quarter that ended in Mar. 2014 was $-0.47 Mil. Davi Luxury Brand Group's average shareholder tangible equity for the quarter that ended in Mar. 2014 was $0.27 Mil. Therefore, Davi Luxury Brand Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2014 was -171.43%.

The historical rank and industry rank for Davi Luxury Brand Group's Return-on-Tangible-Equity or its related term are showing as below:

MDAV's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.725
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Davi Luxury Brand Group Return-on-Tangible-Equity Historical Data

The historical data trend for Davi Luxury Brand Group'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.

Davi Luxury Brand Group Return-on-Tangible-Equity Chart

Davi Luxury Brand Group Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - -521.55 -98.66 -196.63

Davi Luxury Brand Group Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -317.65 -31.18 -291.39 -212.72 -171.43

Competitive Comparison of Davi Luxury Brand Group's Return-on-Tangible-Equity

For the Household & Personal Products subindustry, Davi Luxury Brand Group'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.


Davi Luxury Brand Group's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davi Luxury Brand Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Davi Luxury Brand Group's Return-on-Tangible-Equity falls into.



Davi Luxury Brand Group Return-on-Tangible-Equity Calculation

Davi Luxury Brand Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2013 )  (A: Sep. 2012 )(A: Sep. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2013 )  (A: Sep. 2012 )(A: Sep. 2013 )
=-0.584/( (0.218+0.376 )/ 2 )
=-0.584/0.297
=-196.63 %

Davi Luxury Brand Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2014 )  (Q: Dec. 2013 )(Q: Mar. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2014 )  (Q: Dec. 2013 )(Q: Mar. 2014 )
=-0.468/( (0.316+0.23)/ 2 )
=-0.468/0.273
=-171.43 %

* 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 (Mar. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Davi Luxury Brand Group  (OTCPK:MDAV) 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.


Davi Luxury Brand Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Davi Luxury Brand Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Davi Luxury Brand Group (Davi Luxury Brand Group) Business Description

Traded in Other Exchanges
N/A
Address
9426 Dayton Way, Beverly Hills, CA, USA, 90210
Davi Luxury Brand Group Inc is a skin care (cosmetics) company that offers a grape-vineyard, botanical based skin care products marketed under the Company's 'DAVI', 'DAVI NAPA' and 'DAVI SKIN' brand names. All of its products are, or will be sold 'over the counter.' Through licensing and other arrangements, its products are available in high-end retail stores in Asia, luxury hotels worldwide, and in-flight and duty-free shops of a global luxury airline. The Company's products compete against similar, branded products of many large and small companies.

Davi Luxury Brand Group (Davi Luxury Brand Group) Headlines

No Headlines