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V2Y (SGX:V2Y) Return-on-Tangible-Equity : 0.00% (As of Dec. 2024)


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What is V2Y 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. V2Y's annualized net income for the quarter that ended in Dec. 2024 was S$-3.22 Mil. V2Y's average shareholder tangible equity for the quarter that ended in Dec. 2024 was S$-0.20 Mil. Therefore, V2Y's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was N/A%.

The historical rank and industry rank for V2Y's Return-on-Tangible-Equity or its related term are showing as below:

During the past 10 years, V2Y's highest Return-on-Tangible-Equity was 4,219.89%. The lowest was -919.68%. And the median was -299.58%.

SGX:V2Y's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.245
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

V2Y Return-on-Tangible-Equity Historical Data

The historical data trend for V2Y'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.

V2Y Return-on-Tangible-Equity Chart

V2Y Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,219.89 -299.58 -436.56 -284.70 -

V2Y Quarterly Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 -324.09 - - - -

Competitive Comparison of V2Y's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, V2Y'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.


V2Y's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, V2Y's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where V2Y's Return-on-Tangible-Equity falls into.


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V2Y Return-on-Tangible-Equity Calculation

V2Y's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-1.627/( (-0.137+-0.699 )/ 2 )
=-1.627/-0.418
=N/A %

V2Y's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-3.216/( (0.293+-0.699)/ 2 )
=-3.216/-0.203
=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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


V2Y  (SGX:V2Y) 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.


V2Y Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of V2Y's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


V2Y Business Description

Traded in Other Exchanges
N/A
Address
40 Jalan Pemimpin, No. 03-12, B9, Singapore, SGP, 577185
V2Y Corp Ltd is a Singapore-based company with its principal activity being investment holding. The company has two reportable operating segments: Insurtech and Investment holding. Insurtech provides third-party administration and value-added services to brand partners in the computer, communication, and consumer electronics sector. It manages and executes their extended warranty and accidental damage protection programs. Investment holding pertains to the activities of an investment holding company. The majority of the company's revenue is generated by its Insurtech segment, and it operates mainly in Singapore.

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