ONVC (Online Vacation Center Holdings) Return-on-Tangible-Equity: 17.00% (As of Jun. 2023)


ONVC Online Vacation Center Holdings Corp ONVC
12 GF Score
Price $2.00
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What is Online Vacation Center Holdings Return-on-Tangible-Equity?

Online Vacation Center Holdings ONVC 12 Return-on-Tangible-Equity is 17.00% as of Jun. 2023. GuruFocus rates ONVC with a GF Score™ of 12/100.

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. Online Vacation Center Holdings's annualized net income for the quarter that ended in Jun. 2023 was $0.24 Mil. Online Vacation Center Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $1.39 Mil. Therefore, Online Vacation Center Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 17.00%.

The historical rank and industry rank for Online Vacation Center Holdings's Return-on-Tangible-Equity or its related term are showing as below:

ONVC's Return-on-Tangible-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.54
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Online Vacation Center Holdings  (OTCPK:ONVC) 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.


Online Vacation Center Holdings Return-on-Tangible-Equity Related Terms


Online Vacation Center Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Online Vacation Center Holdings'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.

Online Vacation Center Holdings Return-on-Tangible-Equity Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.73 92.50 -68.21 194.53 75.50

Online Vacation Center Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 -327.21 0.00 0.00 -52.04 17.00

ONVC vs NTRP, NNAX, CDNO: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Online Vacation Center Holdings'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.


Online Vacation Center Holdings Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Online Vacation Center Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Online Vacation Center Holdings's Return-on-Tangible-Equity falls into.


ONVC
12GF Score
Online Vacation Center Holdings Corp ONVC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Online Vacation Center Holdings Return-on-Tangible-Equity Calculation

Online Vacation Center Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=0.761/( (0.577+1.439 )/ 2 )
=0.761/1.008
=75.50 %

Online Vacation Center Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=0.236/( (1.328+1.448)/ 2 )
=0.236/1.388
=17.00 %

* 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 (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 17.00% mean?
Online Vacation Center Holdings (ONVC) has a Return-on-Tangible-Equity of 17.00% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Online Vacation Center Holdings and its competitors.
Is Online Vacation Center Holdings' Return-on-Tangible-Equity too high?
Online Vacation Center Holdings' current Return-on-Tangible-Equity is 17.00%. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.54. Online Vacation Center Holdings' value of 17.00% is 125.5% above this industry median. Overall, Online Vacation Center Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Online Vacation Center Holdings' Return-on-Tangible-Equity compare to NTRP and NNAX?
Online Vacation Center Holdings' Return-on-Tangible-Equity of 17.00% can be compared against companies in the Travel & Leisure industry. The industry median Return-on-Tangible-Equity is 7.54. Online Vacation Center Holdings' value of 17.00% is 125.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.54, based on 797 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Online Vacation Center Holdings's current Return-on-Tangible-Equity of 17.00% is 125.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Online Vacation Center Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Online Vacation Center Holdings's current Return-on-Tangible-Equity is 17.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Online Vacation Center Holdings stock overvalued right now?
Online Vacation Center Holdings (ONVC) has a current Return-on-Tangible-Equity of 17.00%. The current Return-on-Tangible-Equity is 17.00% and 125.5% above the Travel & Leisure industry median of 7.54. Online Vacation Center Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Online Vacation Center Holdings (ONVC), the current Return-on-Tangible-Equity is 17.00% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Online Vacation Center Holdings Business Description

Address 2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets and river, ocean, and land vacation packages, operates a franchise that focuses on travel sales through mobile agents, and offers other services. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travelers with websites to purchase hotel, resort, and vacation packages.
12GF Score

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