VCST (Viewcast.com) Return-on-Tangible-Equity: 0.00% (As of Jun. 2013)


What is Viewcast.com Return-on-Tangible-Equity?

Viewcast.com VCST Return-on-Tangible-Equity is 0.00% as of Jun. 2013.

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. Viewcast.com's annualized net income for the quarter that ended in Jun. 2013 was $-4.58 Mil. Viewcast.com's average shareholder tangible equity for the quarter that ended in Jun. 2013 was $-4.74 Mil. Therefore, Viewcast.com's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2013 was N/A%.

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

VCST's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.785
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Viewcast.com  (OTCPK:VCST) 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.


Viewcast.com Return-on-Tangible-Equity Related Terms


Viewcast.com Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Viewcast.com'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.

Viewcast.com Return-on-Tangible-Equity Chart

Viewcast.com Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.25 0.00 0.00 0.00 0.00

Viewcast.com Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 0.00 0.00 Negative Tangible Equity 0.00 0.00

VCST vs GRCK, AVRN, BLGI: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Viewcast.com'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.


Viewcast.com Return-on-Tangible-Equity vs Software Industry

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

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



Viewcast.com Return-on-Tangible-Equity Calculation

Viewcast.com's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-1.522/( (-2.61+-3.766 )/ 2 )
=-1.522/-3.188
=N/A %

Viewcast.com's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2013 )  (Q: Mar. 2013 )(Q: Jun. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2013 )  (Q: Mar. 2013 )(Q: Jun. 2013 )
=-4.584/( (-4.174+-5.301)/ 2 )
=-4.584/-4.7375
=N/A %

* 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 (Jun. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Viewcast.com (VCST) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2013. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Viewcast.com and its competitors.
Is Viewcast.com's Return-on-Tangible-Equity too high?
Viewcast.com's current Return-on-Tangible-Equity is 0.00%.
How does Viewcast.com's Return-on-Tangible-Equity compare to GRCK and AVRN?
Viewcast.com's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 8.79. 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 8.79, based on 2,474 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 Viewcast.com and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viewcast.com's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viewcast.com stock overvalued right now?
Viewcast.com (VCST) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Viewcast.com (VCST), the current Return-on-Tangible-Equity is 0.00% as of Jun. 2013. 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.

Viewcast.com Business Description

Address 3701 W. Plano Parkway, Suite 300, Plano, TX, USA, 75075-7840
Viewcast.com Inc is engaged in developing industry hardware and software for the capture, management, transformation and delivery of digital media over IP and mobile networks. The company products include Niagara System and Osprey Cards, provides required technology to deliver the multi-platform experiences.