GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MPM Technologies Inc (OTCPK:MPML) » Definitions » Return-on-Tangible-Equity

MPM Technologies (MPM Technologies) Return-on-Tangible-Equity : 0.00% (As of Sep. 2010)


View and export this data going back to 2003. Start your Free Trial

What is MPM Technologies 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. MPM Technologies's annualized net income for the quarter that ended in Sep. 2010 was $-1.69 Mil. MPM Technologies's average shareholder tangible equity for the quarter that ended in Sep. 2010 was $-13.96 Mil. Therefore, MPM Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2010 was N/A%.

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

MPML's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

MPM Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for MPM Technologies'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.

MPM Technologies Return-on-Tangible-Equity Chart

MPM Technologies Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - - - -

MPM Technologies Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 - - - - -

Competitive Comparison of MPM Technologies's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, MPM Technologies'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.


MPM Technologies's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MPM Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where MPM Technologies's Return-on-Tangible-Equity falls into.



MPM Technologies Return-on-Tangible-Equity Calculation

MPM Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=-1.564/( (-12.177+-13.244 )/ 2 )
=-1.564/-12.7105
=N/A %

MPM Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=-1.688/( (-13.767+-14.153)/ 2 )
=-1.688/-13.96
=N/A %

* 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. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MPM Technologies  (OTCPK:MPML) 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.


MPM Technologies Return-on-Tangible-Equity Related Terms

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


MPM Technologies (MPM Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1727 East Springfield Avenue, Suite C, Spokane, WA, USA, 99202
MPM Technologies Inc is a United States based holding company. Through its subsidiaries, the company designs, engineers, supplies and services air pollution control systems. It is also engaged in the development and marketing of Skygas, a patented waste-to-fuel technology fuel, and development and exploration of gold and silver properties in Montana, US.

MPM Technologies (MPM Technologies) Headlines

No Headlines