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Invisio AB (OSTO:IVSO) Return-on-Tangible-Equity : 27.96% (As of Mar. 2024)


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What is Invisio AB 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. Invisio AB's annualized net income for the quarter that ended in Mar. 2024 was kr144 Mil. Invisio AB's average shareholder tangible equity for the quarter that ended in Mar. 2024 was kr514 Mil. Therefore, Invisio AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 27.96%.

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

OSTO:IVSO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.24   Med: 34.12   Max: 447.22
Current: 34.67

During the past 13 years, Invisio AB's highest Return-on-Tangible-Equity was 447.22%. The lowest was 6.24%. And the median was 34.12%.

OSTO:IVSO's Return-on-Tangible-Equity is ranked better than
94.32% of 2359 companies
in the Hardware industry
Industry Median: 5.38 vs OSTO:IVSO: 34.67

Invisio AB Return-on-Tangible-Equity Historical Data

The historical data trend for Invisio AB'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.

Invisio AB Return-on-Tangible-Equity Chart

Invisio AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.86 21.68 6.24 19.69 47.27

Invisio AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 78.95 29.03 37.34 43.79 27.96

Competitive Comparison of Invisio AB's Return-on-Tangible-Equity

For the Communication Equipment subindustry, Invisio AB'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.


Invisio AB's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Invisio AB's Return-on-Tangible-Equity distribution charts can be found below:

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



Invisio AB Return-on-Tangible-Equity Calculation

Invisio AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=178.4/( (270.9+483.9 )/ 2 )
=178.4/377.4
=47.27 %

Invisio AB'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: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=143.6/( (483.9+543.2)/ 2 )
=143.6/513.55
=27.96 %

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


Invisio AB  (OSTO:IVSO) 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.


Invisio AB Return-on-Tangible-Equity Related Terms

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


Invisio AB (OSTO:IVSO) Business Description

Industry
Traded in Other Exchanges
Address
Stamholmen 157, Hvidovre, DNK, DK-2650
Invisio AB develops and sells advanced communications and hearing protection systems for professional users. The product portfolio includes the control units INVISIO V20, INVISIO V50, and INVISIO V60, with one, two or three connection ports. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its customers are in defense and security. The company operates in Sweden, Europe, North America, and the Rest of the world.

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