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INTAGE HOLDINGS (TSE:4326) Return-on-Tangible-Equity : 13.18% (As of Dec. 2023)


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What is INTAGE 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. INTAGE HOLDINGS's annualized net income for the quarter that ended in Dec. 2023 was 円3,460 Mil. INTAGE HOLDINGS's average shareholder tangible equity for the quarter that ended in Dec. 2023 was 円26,249 Mil. Therefore, INTAGE HOLDINGS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 13.18%.

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

TSE:4326' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.09   Med: 12.72   Max: 15.24
Current: 10.93

During the past 13 years, INTAGE HOLDINGS's highest Return-on-Tangible-Equity was 15.24%. The lowest was 10.09%. And the median was 12.72%.

TSE:4326's Return-on-Tangible-Equity is ranked better than
62.46% of 903 companies
in the Media - Diversified industry
Industry Median: 5.5 vs TSE:4326: 10.93

INTAGE HOLDINGS Return-on-Tangible-Equity Historical Data

The historical data trend for INTAGE 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.

INTAGE HOLDINGS Return-on-Tangible-Equity Chart

INTAGE HOLDINGS Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.97 11.09 11.80 12.92 13.25

INTAGE HOLDINGS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.33 32.64 -3.89 2.28 13.18

Competitive Comparison of INTAGE HOLDINGS's Return-on-Tangible-Equity

For the Advertising Agencies subindustry, INTAGE 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.


INTAGE HOLDINGS's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, INTAGE HOLDINGS's Return-on-Tangible-Equity distribution charts can be found below:

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



INTAGE HOLDINGS Return-on-Tangible-Equity Calculation

INTAGE HOLDINGS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=3418.793/( (25311.601+26276.824 )/ 2 )
=3418.793/25794.2125
=13.25 %

INTAGE HOLDINGS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=3459.764/( (25713.237+26784.645)/ 2 )
=3459.764/26248.941
=13.18 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


INTAGE HOLDINGS  (TSE:4326) 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.


INTAGE HOLDINGS Return-on-Tangible-Equity Related Terms

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


INTAGE HOLDINGS (TSE:4326) Business Description

Traded in Other Exchanges
N/A
Address
3 Kanda-Neribeicho, Chiyoda-ku, Tokyo, JPN, 101-0022
INTAGE HOLDINGS Inc is engaged in the provision of marketing research and consulting system solutions, and healthcare development support in Japan.

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