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Vicon Industries (STU:VCI) Return-on-Tangible-Equity : -816.48% (As of Sep. 2018)


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What is Vicon Industries 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. Vicon Industries's annualized net income for the quarter that ended in Sep. 2018 was €-3.37 Mil. Vicon Industries's average shareholder tangible equity for the quarter that ended in Sep. 2018 was €0.41 Mil. Therefore, Vicon Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 was -816.48%.

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

STU:VCI's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 12.08
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Vicon Industries Return-on-Tangible-Equity Historical Data

The historical data trend for Vicon Industries'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.

Vicon Industries Return-on-Tangible-Equity Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.99 -40.32 -132.62 -136.81 -471.62

Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -301.70 -162.42 -163.92 -365.70 -816.48

Competitive Comparison of Vicon Industries's Return-on-Tangible-Equity

For the Security & Protection Services subindustry, Vicon Industries'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.


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

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

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



Vicon Industries Return-on-Tangible-Equity Calculation

Vicon Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2018 )  (A: Sep. 2017 )(A: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2018 )  (A: Sep. 2017 )(A: Sep. 2018 )
=-4.636/( (1.988+-0.022 )/ 2 )
=-4.636/0.983
=-471.62 %

Vicon Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=-3.368/( (0.847+-0.022)/ 2 )
=-3.368/0.4125
=-816.48 %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Vicon Industries  (STU:VCI) 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.


Vicon Industries Return-on-Tangible-Equity Related Terms

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


Vicon Industries (STU:VCI) Business Description

Traded in Other Exchanges
N/A
Address
135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.

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