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Info Edge (India) (NSE:NAUKRI) Return-on-Tangible-Equity : 0.23% (As of Sep. 2024)


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What is Info Edge (India) 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. Info Edge (India)'s annualized net income for the quarter that ended in Sep. 2024 was ₹930 Mil. Info Edge (India)'s average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₹413,431 Mil. Therefore, Info Edge (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 0.23%.

The historical rank and industry rank for Info Edge (India)'s Return-on-Tangible-Equity or its related term are showing as below:

NSE:NAUKRI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.24   Med: 6   Max: 117.43
Current: 1.55

During the past 13 years, Info Edge (India)'s highest Return-on-Tangible-Equity was 117.43%. The lowest was -10.24%. And the median was 6.00%.

NSE:NAUKRI's Return-on-Tangible-Equity is ranked worse than
53.09% of 501 companies
in the Interactive Media industry
Industry Median: 3.29 vs NSE:NAUKRI: 1.55

Info Edge (India) Return-on-Tangible-Equity Historical Data

The historical data trend for Info Edge (India)'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.

Info Edge (India) Return-on-Tangible-Equity Chart

Info Edge (India) 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 -10.24 37.76 117.43 -0.74 2.70

Info Edge (India) 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 4.29 3.16 0.81 3.13 0.23

Competitive Comparison of Info Edge (India)'s Return-on-Tangible-Equity

For the Internet Content & Information subindustry, Info Edge (India)'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.


Info Edge (India)'s Return-on-Tangible-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Info Edge (India)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Info Edge (India)'s Return-on-Tangible-Equity falls into.



Info Edge (India) Return-on-Tangible-Equity Calculation

Info Edge (India)'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 )
=5752.08/( (128000.18+298026.99 )/ 2 )
=5752.08/213013.585
=2.70 %

Info Edge (India)'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 )
=930.36/( (0+413431.33)/ 1 )
=930.36/413431.33
=0.23 %

* 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.


Info Edge (India)  (NSE:NAUKRI) 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.


Info Edge (India) Return-on-Tangible-Equity Related Terms

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Info Edge (India) Business Description

Traded in Other Exchanges
Address
B - 8, Sector - 132, Noida, UP, IND, 201304
Info Edge (India) Ltd is a technology company engaged in offering online services in areas like recruitment, matrimony, real estate, and education. The business segments of the company are Recruitment solutions, 99acres for Real Estate, and Others. The Recruitment Solutions business comprises the www.naukri.com, www.quadrangle.com, www.naukrigulf.com, www.firstnaukri.com, and fast forward candidate services. 99acres.com derives its revenues from property listings, builders and brokers branding and visibility through microsites, home page links, and banners servicing real estate developers, builders, and brokers. It derives key revenue from the Recruitment solutions segment. The company sells its services to customers located in India and internationally.

Info Edge (India) Headlines

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