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Datamatics Global Services (NSE:DATAMATICS) Return-on-Tangible-Equity : 16.55% (As of Sep. 2024)


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What is Datamatics Global Services 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. Datamatics Global Services's annualized net income for the quarter that ended in Sep. 2024 was ₹1,694 Mil. Datamatics Global Services's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₹10,239 Mil. Therefore, Datamatics Global Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 16.55%.

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

NSE:DATAMATICS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.89   Med: 18.69   Max: 22.32
Current: 16.99

During the past 13 years, Datamatics Global Services's highest Return-on-Tangible-Equity was 22.32%. The lowest was 13.89%. And the median was 18.69%.

NSE:DATAMATICS's Return-on-Tangible-Equity is ranked better than
63.73% of 2385 companies
in the Software industry
Industry Median: 8.76 vs NSE:DATAMATICS: 16.99

Datamatics Global Services Return-on-Tangible-Equity Historical Data

The historical data trend for Datamatics Global Services'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.

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Datamatics Global Services Return-on-Tangible-Equity Chart

Datamatics Global Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.49 14.37 22.32 21.70 18.95

Datamatics Global Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.27 16.16 18.66 15.44 16.55

Competitive Comparison of Datamatics Global Services's Return-on-Tangible-Equity

For the Information Technology Services subindustry, Datamatics Global Services'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.


Datamatics Global Services's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Datamatics Global Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Datamatics Global Services's Return-on-Tangible-Equity falls into.



Datamatics Global Services Return-on-Tangible-Equity Calculation

Datamatics Global Services'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 )
=1981.9/( (9653.7+11263.9 )/ 2 )
=1981.9/10458.8
=18.95 %

Datamatics Global Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1694.4/( (0+10238.6)/ 1 )
=1694.4/10238.6
=16.55 %

* 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.


Datamatics Global Services  (NSE:DATAMATICS) 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.


Datamatics Global Services Return-on-Tangible-Equity Related Terms

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Datamatics Global Services Business Description

Traded in Other Exchanges
Address
Street Number 17, Plot Number 58, Knowledge Centre, MIDC, Andheri (East), Mumbai, MH, IND, 400093
Datamatics Global Services Ltd is an Information technology(IT) company. The company operates in three segments: Digital Operations, Digital Experiences, and Digital Technologies. The company offers Robotic Process Automation, Artificial Intelligence, Machine Learning, Hyperautomation, cloud solutions, Internet of Things (IoT), Consulting, and other solutions. Some of its products include TruBot, TruCap+, iPM, Trade Finance, TruBI, and TruAI. The company offers its services to different industries such as Banking & Financial Services, Publishing, Healthcare, Insurance, Transportation, Retail & E-Commerce, and others. Its geographical segments include the United States, the UK and Europe, and the Rest of the World. The company generates the majority of its revenue from the USA.

Datamatics Global Services Headlines

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