SAML (Samsara Luggage) Return-on-Tangible-Equity: 0.00% (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Samsara Luggage Return-on-Tangible-Equity?

Samsara Luggage SAML Return-on-Tangible-Equity is 0.00% as of Sep. 2024.

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. Samsara Luggage's annualized net income for the quarter that ended in Sep. 2024 was $-3.68 Mil. Samsara Luggage's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $-0.96 Mil. Therefore, Samsara Luggage's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was N/A%.

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

SAML's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.955
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Samsara Luggage  (OTCPK:SAML) 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.


Samsara Luggage Return-on-Tangible-Equity Related Terms


Samsara Luggage Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Samsara Luggage'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.

Samsara Luggage Return-on-Tangible-Equity Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Samsara Luggage 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 0.00 Negative Tangible Equity -208.44 -44.27 0.00

SAML vs JAGL, SKFG, NKE: Return-on-Tangible-Equity Comparison

For the Footwear & Accessories subindustry, Samsara Luggage'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.


Samsara Luggage Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Return-on-Tangible-Equity distribution charts can be found below:

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



Samsara Luggage Return-on-Tangible-Equity Calculation

Samsara Luggage'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 )
=-0.144/( (-2.136+-2.118 )/ 2 )
=-0.144/-2.127
=N/A %

Samsara Luggage'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 )
=-3.68/( (-0.824+-1.092)/ 2 )
=-3.68/-0.958
=N/A %

* 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.

What does a Return-on-Tangible-Equity of 0.00% mean?
Samsara Luggage (SAML) has a Return-on-Tangible-Equity of 0.00% as of Sep. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Samsara Luggage and its competitors.
Is Samsara Luggage's Return-on-Tangible-Equity too high?
Samsara Luggage's current Return-on-Tangible-Equity is 0.00%.
How does Samsara Luggage's Return-on-Tangible-Equity compare to JAGL and SKFG?
Samsara Luggage's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Return-on-Tangible-Equity is 4.96. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.96, based on 1,024 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 Samsara Luggage and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsara Luggage's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsara Luggage stock overvalued right now?
Samsara Luggage (SAML) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Samsara Luggage (SAML), the current Return-on-Tangible-Equity is 0.00% as of Sep. 2024. 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.

Samsara Luggage Business Description

Address 6 Broadway, Suite 934, New York, NY, USA, 10004
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. It generates revenues through the sale and distribution of smart luggage products.