PRAC (Productivity Technologies) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2005)


What is Productivity Technologies Return-on-Tangible-Equity?

Productivity Technologies PRAC -3.70% Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2005.

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. Productivity Technologies's annualized net income for the quarter that ended in Mar. 2005 was $0.02 Mil. Productivity Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2005 was $-0.36 Mil. Therefore, Productivity Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2005 was Negative Tangible Equity%.

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

PRAC's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.72
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Productivity Technologies  (OTCPK:PRAC) 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.


Productivity Technologies Return-on-Tangible-Equity Related Terms


Productivity Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Productivity Technologies'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.

Productivity Technologies Return-on-Tangible-Equity Chart

Productivity Technologies Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun04
Return-on-Tangible-Equity
Get a 7-Day Free Trial 15.11 -5.63 -620.94 0.00 Negative Tangible Equity

Productivity Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun04 Sep04 Dec04 Mar05
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 Negative Tangible Equity 0.00 0.00 0.00 Negative Tangible Equity

PRAC vs TNRG: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Productivity Technologies'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.


Productivity Technologies Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Productivity Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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



Productivity Technologies Return-on-Tangible-Equity Calculation

Productivity Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2004 )  (A: Jun. 2002 )(A: Jun. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2004 )  (A: Jun. 2002 )(A: Jun. 2004 )
=0.721/( (-3.158+0.058 )/ 2 )
=0.721/-1.55
=Negative Tangible Equity %

Productivity Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2005 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2005 )  (Q: Dec. 2004 )(Q: Mar. 2005 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2005 )  (Q: Dec. 2004 )(Q: Mar. 2005 )
=0.016/( (-0.374+-0.347)/ 2 )
=0.016/-0.3605
=Negative Tangible Equity %

* 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. 2005) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Productivity Technologies (PRAC) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2005. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Productivity Technologies and its competitors.
Is Productivity Technologies' Return-on-Tangible-Equity too high?
Productivity Technologies' current Return-on-Tangible-Equity is Negative Tangible Equity%.
How does Productivity Technologies' Return-on-Tangible-Equity compare to TNRG?
Productivity Technologies' Return-on-Tangible-Equity of Negative Tangible Equity% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Equity is 6.72. 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. 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 Productivity Technologies and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Productivity Technologies's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Productivity Technologies stock overvalued right now?
Productivity Technologies (PRAC) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 Productivity Technologies (PRAC), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2005. 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.

Productivity Technologies Business Description

Address 666 Dundee Road, Suite 300, Northbrook, IL, USA, 60062
Productivity Technologies Corp is a provider of production machinery, parking systems, and fabricated structures. It is a supplier of quick die change, flexible transfer, and stacking/destacking equipment used to automate metal forming operations. It is a leader in designing, manufacturing and installing fully mechanized automated parking systems. The company is also focused on fabricating shipping containers to support real estate development. This includes using shipping containers for office, retail and multi-family structures.