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IVY Cosmetics (TSE:4918) Return-on-Tangible-Equity : -55.15% (As of Dec. 2023)


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What is IVY Cosmetics 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. IVY Cosmetics's annualized net income for the quarter that ended in Dec. 2023 was 円-1,154 Mil. IVY Cosmetics's average shareholder tangible equity for the quarter that ended in Dec. 2023 was 円2,093 Mil. Therefore, IVY Cosmetics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -55.15%.

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

TSE:4918' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -68.42   Med: 3.06   Max: 22.83
Current: -3.23

During the past 13 years, IVY Cosmetics's highest Return-on-Tangible-Equity was 22.83%. The lowest was -68.42%. And the median was 3.06%.

TSE:4918's Return-on-Tangible-Equity is ranked worse than
80.86% of 1797 companies
in the Consumer Packaged Goods industry
Industry Median: 7.73 vs TSE:4918: -3.23

IVY Cosmetics Return-on-Tangible-Equity Historical Data

The historical data trend for IVY Cosmetics'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.

IVY Cosmetics Return-on-Tangible-Equity Chart

IVY Cosmetics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.42 3.31 -1.59 2.18 -18.40

IVY Cosmetics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 -68.74 7.10 -55.92 90.76 -55.15

Competitive Comparison of IVY Cosmetics's Return-on-Tangible-Equity

For the Household & Personal Products subindustry, IVY Cosmetics'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.


IVY Cosmetics's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IVY Cosmetics's Return-on-Tangible-Equity distribution charts can be found below:

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



IVY Cosmetics Return-on-Tangible-Equity Calculation

IVY Cosmetics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-384.612/( (2234.472+1946.145 )/ 2 )
=-384.612/2090.3085
=-18.40 %

IVY Cosmetics'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 )
=-1154.364/( (2236.547+1949.748)/ 2 )
=-1154.364/2093.1475
=-55.15 %

* 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.


IVY Cosmetics  (TSE:4918) 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.


IVY Cosmetics Return-on-Tangible-Equity Related Terms

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


IVY Cosmetics (TSE:4918) Business Description

Traded in Other Exchanges
N/A
Address
Akasaka 6 - chome, Minato - ku, Ibby Building, No. 18, Tokyo, JPN, 107-8463
IVY Cosmetics Corp manufactures & sells cosmetics, beauty supplements, and beauty-related products. It provides products for skin care, makeup, hair care, body care. Its products include Wrinkle Lotion, Accell Essence, Ivy Formula 30, Basic Ex, & Ateur Grace. It also provides health food/ equipment, substrate/UV countermeasure.

IVY Cosmetics (TSE:4918) Headlines

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