GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MDA Space Ltd (TSX:MDA) » Definitions » Return-on-Tangible-Equity

MDA Space (TSX:MDA) Return-on-Tangible-Equity : 76.78% (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is MDA Space 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. MDA Space's annualized net income for the quarter that ended in Mar. 2025 was C$132 Mil. MDA Space's average shareholder tangible equity for the quarter that ended in Mar. 2025 was C$171 Mil. Therefore, MDA Space's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 76.78%.

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

TSX:MDA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 80.17   Med: 109.25   Max: 138.05
Current: 80.17

During the past 5 years, MDA Space's highest Return-on-Tangible-Equity was 138.05%. The lowest was 80.17%. And the median was 109.25%.

TSX:MDA's Return-on-Tangible-Equity is ranked better than
89.53% of 296 companies
in the Aerospace & Defense industry
Industry Median: 8.045 vs TSX:MDA: 80.17

MDA Space Return-on-Tangible-Equity Historical Data

The historical data trend for MDA Space'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.

MDA Space Return-on-Tangible-Equity Chart

MDA Space Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
- Negative Tangible Equity Negative Tangible Equity 138.05 80.45

MDA Space Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 95.17 57.48 119.25 73.45 76.78

Competitive Comparison of MDA Space's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, MDA Space'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.


MDA Space's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, MDA Space's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

MDA Space Return-on-Tangible-Equity Calculation

MDA Space'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 )
=79.4/( (42.4+155 )/ 2 )
=79.4/98.7
=80.45 %

MDA Space's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=131.6/( (155+187.8)/ 2 )
=131.6/171.4
=76.78 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MDA Space  (TSX:MDA) 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.


MDA Space Return-on-Tangible-Equity Related Terms

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


MDA Space Business Description

Traded in Other Exchanges
Address
7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure. Geographically, it generates the majority of its revenue from Canada.
Executives
John Carter Risley Director
Michael Philip Greenley Director, Senior Officer
Guillaume Lavoie Senior Officer
Yung Cheng Wu Director
Janet Marie Mceachern Senior Officer
Karl W. Smith Director
Brendan Paddick Director
Louis Vachon Director
Vito Culmone Senior Officer
James Balsillie Director
Edgepoint Investment Group Inc. 10% Security Holder
Richard Emile Joseph Florizone Director
Antonio Pagano Director

MDA Space Headlines

No Headlines