GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maison Solutions Inc (NAS:MSS) » Definitions » Return-on-Tangible-Equity

Maison Solutions (Maison Solutions) Return-on-Tangible-Equity : -33.03% (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Maison Solutions 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. Maison Solutions's annualized net income for the quarter that ended in Jan. 2024 was $-2.20 Mil. Maison Solutions's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $6.65 Mil. Therefore, Maison Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was -33.03%.

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

MSS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.34   Med: 0   Max: 0
Current: -16.34

MSS's Return-on-Tangible-Equity is ranked worse than
91.61% of 298 companies
in the Retail - Defensive industry
Industry Median: 12.05 vs MSS: -16.34

Maison Solutions Return-on-Tangible-Equity Historical Data

The historical data trend for Maison Solutions'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.

Maison Solutions Return-on-Tangible-Equity Chart

Maison Solutions Annual Data
Trend Apr21 Apr22 Apr23
Return-on-Tangible-Equity
Negative Tangible Equity - Negative Tangible Equity

Maison Solutions Quarterly Data
Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity - 21.94 -33.03

Competitive Comparison of Maison Solutions's Return-on-Tangible-Equity

For the Grocery Stores subindustry, Maison Solutions'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.


Maison Solutions's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maison Solutions's Return-on-Tangible-Equity distribution charts can be found below:

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



Maison Solutions Return-on-Tangible-Equity Calculation

Maison Solutions's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=1.252/( (-0.742+-1.896 )/ 2 )
=1.252/-1.319
=Negative Tangible Equity %

Maison Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-2.196/( (5.315+7.982)/ 2 )
=-2.196/6.6485
=-33.03 %

* 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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Maison Solutions  (NAS:MSS) 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.


Maison Solutions Return-on-Tangible-Equity Related Terms

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


Maison Solutions (Maison Solutions) Business Description

Traded in Other Exchanges
N/A
Address
127 N Garfield Avenue, Monterey Park, CA, USA, 91754
Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.
Executives
Bin Wang director 112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han officer: Chief Operating Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu director, 10 percent owner, officer: President and CEO 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez director, officer: Chief Financial Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang director 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis director 127 N GARFIELD AVE, MONTEREY PARK CA 91754

Maison Solutions (Maison Solutions) Headlines

From GuruFocus