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Mos Utility (NSE:MOS) Return-on-Tangible-Equity : 34.81% (As of Sep. 2022)


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What is Mos Utility 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. Mos Utility's annualized net income for the quarter that ended in Sep. 2022 was ₹39.2 Mil. Mos Utility's average shareholder tangible equity for the quarter that ended in Sep. 2022 was ₹112.5 Mil. Therefore, Mos Utility's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 34.81%.

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

NSE:MOS's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.94
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Mos Utility Return-on-Tangible-Equity Historical Data

The historical data trend for Mos Utility'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.

Mos Utility Return-on-Tangible-Equity Chart

Mos Utility Annual Data
Trend Mar20 Mar21 Mar22
Return-on-Tangible-Equity
67.90 33.06 35.66

Mos Utility Semi-Annual Data
Mar20 Mar21 Mar22 Sep22
Return-on-Tangible-Equity - - - 34.81

Competitive Comparison of Mos Utility's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Mos Utility'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.


Mos Utility's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mos Utility's Return-on-Tangible-Equity distribution charts can be found below:

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



Mos Utility Return-on-Tangible-Equity Calculation

Mos Utility's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=15.767/( (32.295+56.146 )/ 2 )
=15.767/44.2205
=35.66 %

Mos Utility's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=39.168/( (56.146+168.869)/ 2 )
=39.168/112.5075
=34.81 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Mos Utility  (NSE:MOS) 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.


Mos Utility Return-on-Tangible-Equity Related Terms

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


Mos Utility (NSE:MOS) Business Description

Traded in Other Exchanges
N/A
Address
Atul First Avenue, Mulund Link Road, 12th Floor, Above Kia Motors Showroom, Goregaon, Malad West, Mumbai, MH, IND, 400064
Mos Utility Ltd provides digital products and services in the B2C, B2B, and financial technology fields through an integrated business model. The company provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online e-commerce business to promote the government's Vocal for Local campaign. The company recognises revenue from sale of Adhar Enabled Payment System and Micro ATM devices. MOS has seven primary business segments, namely: banking, travel, insurance, utility services, entertainment services, franchisee, and other services.

Mos Utility (NSE:MOS) Headlines

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