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Bodhi Tree Multimedia (NSE:BTML) Return-on-Tangible-Equity : 10.52% (As of Mar. 2024)


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What is Bodhi Tree Multimedia 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. Bodhi Tree Multimedia's annualized net income for the quarter that ended in Mar. 2024 was ₹28.0 Mil. Bodhi Tree Multimedia's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹266.6 Mil. Therefore, Bodhi Tree Multimedia's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.52%.

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

NSE:BTML' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.04   Med: 31.24   Max: 85.77
Current: 13.04

During the past 8 years, Bodhi Tree Multimedia's highest Return-on-Tangible-Equity was 85.77%. The lowest was 13.04%. And the median was 31.24%.

NSE:BTML's Return-on-Tangible-Equity is ranked better than
66.93% of 892 companies
in the Media - Diversified industry
Industry Median: 5.3 vs NSE:BTML: 13.04

Bodhi Tree Multimedia Return-on-Tangible-Equity Historical Data

The historical data trend for Bodhi Tree Multimedia'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.

Bodhi Tree Multimedia Return-on-Tangible-Equity Chart

Bodhi Tree Multimedia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Negative Tangible Equity 85.77 43.24 19.24 13.09

Bodhi Tree Multimedia Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.37 -14.59 38.11 15.62 10.52

Competitive Comparison of Bodhi Tree Multimedia's Return-on-Tangible-Equity

For the Entertainment subindustry, Bodhi Tree Multimedia'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.


Bodhi Tree Multimedia's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bodhi Tree Multimedia's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bodhi Tree Multimedia's Return-on-Tangible-Equity falls into.



Bodhi Tree Multimedia Return-on-Tangible-Equity Calculation

Bodhi Tree Multimedia's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=33.921/( (247.245+270.888 )/ 2 )
=33.921/259.0665
=13.09 %

Bodhi Tree Multimedia's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=28.046/( (262.405+270.888)/ 2 )
=28.046/266.6465
=10.52 %

* 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 two times the semi-annual (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bodhi Tree Multimedia  (NSE:BTML) 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.


Bodhi Tree Multimedia Return-on-Tangible-Equity Related Terms

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


Bodhi Tree Multimedia (NSE:BTML) Business Description

Traded in Other Exchanges
Address
507, Reliable Business Centre, Jogeshwari (West), Mumbai, MH, IND, 400102
Bodhi Tree Multimedia Ltd is engaged in content production for television, films and digital platforms. The company operates in verticals TV - Hindi GEC (General Entertainment Channels) that produces contents such as daily soaps, reality shows for linear broadcast networks like Zee, Sony, Star, Disney, Viacom, Sun and others; Digital Content (OTT) that produces content for non-linear platforms such as Netflix, Voot; and Regional content in multiple languages that produces content in regional languages including Tamil, Marathi, Bengali, and Gujarati on both TV and OTT platforms.

Bodhi Tree Multimedia (NSE:BTML) Headlines

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