GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » DyDo Group Holdings Inc (TSE:2590) » Definitions » Return-on-Tangible-Equity

DyDo Group Holdings (TSE:2590) Return-on-Tangible-Equity : 1.22% (As of Jan. 2024)


View and export this data going back to 2001. Start your Free Trial

What is DyDo Group Holdings 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. DyDo Group Holdings's annualized net income for the quarter that ended in Jan. 2024 was 円980 Mil. DyDo Group Holdings's average shareholder tangible equity for the quarter that ended in Jan. 2024 was 円80,543 Mil. Therefore, DyDo Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 1.22%.

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

TSE:2590' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.67   Med: 3.84   Max: 5.64
Current: 5.64

During the past 13 years, DyDo Group Holdings's highest Return-on-Tangible-Equity was 5.64%. The lowest was -0.67%. And the median was 3.84%.

TSE:2590's Return-on-Tangible-Equity is ranked worse than
70.59% of 102 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.73 vs TSE:2590: 5.64

DyDo Group Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for DyDo Group Holdings'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.

DyDo Group Holdings Return-on-Tangible-Equity Chart

DyDo Group Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 4.25 5.39 -0.67 5.64

DyDo Group Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -6.52 -1.54 13.58 9.32 1.22

Competitive Comparison of DyDo Group Holdings's Return-on-Tangible-Equity

For the Beverages - Non-Alcoholic subindustry, DyDo Group Holdings'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.


DyDo Group Holdings's Return-on-Tangible-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, DyDo Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



DyDo Group Holdings Return-on-Tangible-Equity Calculation

DyDo Group Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=4423/( (75706+81088 )/ 2 )
=4423/78397
=5.64 %

DyDo Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=980/( (79998+81088)/ 2 )
=980/80543
=1.22 %

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


DyDo Group Holdings  (TSE:2590) 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.


DyDo Group Holdings Return-on-Tangible-Equity Related Terms

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


DyDo Group Holdings (TSE:2590) Business Description

Traded in Other Exchanges
N/A
Address
2-2-7 Nakanoshima Kita-ku, Osaka-shi, Osaka, JPN, 530-0005
DyDo Group Holdings Inc through its subsidiaries is engaged in selling canned coffee from vending machines. The Company also engaged in manufacturing of energy drinks.

DyDo Group Holdings (TSE:2590) Headlines

No Headlines