RevoluGROUP Canada (TSXV:REVO) Return-on-Tangible-Equity: -490.39% (As of Feb. 2024)

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What is RevoluGROUP Canada Return-on-Tangible-Equity?

RevoluGROUP Canada TSXV:REVO Return-on-Tangible-Equity is -490.39% as of Feb. 2024.

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. RevoluGROUP Canada's annualized net income for the quarter that ended in Feb. 2024 was C$-2.91 Mil. RevoluGROUP Canada's average shareholder tangible equity for the quarter that ended in Feb. 2024 was C$0.59 Mil. Therefore, RevoluGROUP Canada's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was -490.39%.

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

TSXV:REVO's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.86
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

RevoluGROUP Canada  (TSXV:REVO) 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.


RevoluGROUP Canada Return-on-Tangible-Equity Related Terms


RevoluGROUP Canada Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for RevoluGROUP Canada'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.

RevoluGROUP Canada Return-on-Tangible-Equity Chart

RevoluGROUP Canada Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -275.86 -173.48 -140.61 -154.18 -239.33

RevoluGROUP Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -181.35 -653.45 -522.08 -761.17 -490.39

TSXV:REVO vs CRM, NOW, INTU: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, RevoluGROUP Canada'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.


RevoluGROUP Canada Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, RevoluGROUP Canada's Return-on-Tangible-Equity distribution charts can be found below:

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



RevoluGROUP Canada Return-on-Tangible-Equity Calculation

RevoluGROUP Canada's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-2.805/( (1.678+0.666 )/ 2 )
=-2.805/1.172
=-239.33 %

RevoluGROUP Canada's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=-2.908/( (0.834+0.352)/ 2 )
=-2.908/0.593
=-490.39 %

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

What does a Return-on-Tangible-Equity of -490.39% mean?
RevoluGROUP Canada (TSXV:REVO) has a Return-on-Tangible-Equity of -490.39% as of Feb. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RevoluGROUP Canada and its competitors.
Is RevoluGROUP Canada's Return-on-Tangible-Equity too high?
RevoluGROUP Canada's current Return-on-Tangible-Equity is -490.39%.
How does RevoluGROUP Canada's Return-on-Tangible-Equity compare to CRM and NOW?
RevoluGROUP Canada's Return-on-Tangible-Equity of -490.39% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 8.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.86, based on 2,481 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RevoluGROUP Canada and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RevoluGROUP Canada's current Return-on-Tangible-Equity is -490.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RevoluGROUP Canada stock overvalued right now?
RevoluGROUP Canada (TSXV:REVO) has a current Return-on-Tangible-Equity of -490.39%. The current Return-on-Tangible-Equity is -490.39%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For RevoluGROUP Canada (TSXV:REVO), the current Return-on-Tangible-Equity is -490.39% as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RevoluGROUP Canada Business Description

Address 997 Seymour Street, Suite 230, Vancouver, BC, CAN, V6B 3M1
RevoluGROUP Canada Inc is a multi-vertical Fintech company generating revenue via its RevoluPAY mobile EU PSD2, FINTRAC and USA MSB II licensed banking app and Visa Card. RevoluSEND Remittances & Forex, RevoluEX Crypto Exchange, RevoluCHARGE pay-as-you-go top-up, RevolUTILITY Virtual Store, RevoluREALTY real-estate, REVOLUEGAME gaming, RevoluPOS Global mobile POS, RevoluFIN Loans and Lending, RevoluVIP members only net rate Travel Club to more than 120 countries.