GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MERLIN GROUP Spolka Akcyjna (WAR:MRG) » Definitions » Return-on-Tangible-Equity

MERLIN GROUP Spolka Akcyjna (WAR:MRG) Return-on-Tangible-Equity : -62.70% (As of Sep. 2022)


View and export this data going back to 2012. Start your Free Trial

What is MERLIN GROUP Spolka Akcyjna 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. MERLIN GROUP Spolka Akcyjna's annualized net income for the quarter that ended in Sep. 2022 was zł-3.36 Mil. MERLIN GROUP Spolka Akcyjna's average shareholder tangible equity for the quarter that ended in Sep. 2022 was zł5.37 Mil. Therefore, MERLIN GROUP Spolka Akcyjna's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was -62.70%.

The historical rank and industry rank for MERLIN GROUP Spolka Akcyjna's Return-on-Tangible-Equity or its related term are showing as below:

WAR:MRG's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.5
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

MERLIN GROUP Spolka Akcyjna Return-on-Tangible-Equity Historical Data

The historical data trend for MERLIN GROUP Spolka Akcyjna'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.

MERLIN GROUP Spolka Akcyjna Return-on-Tangible-Equity Chart

MERLIN GROUP Spolka Akcyjna Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

MERLIN GROUP Spolka Akcyjna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
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 - - - - -62.70

Competitive Comparison of MERLIN GROUP Spolka Akcyjna's Return-on-Tangible-Equity

For the Advertising Agencies subindustry, MERLIN GROUP Spolka Akcyjna'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.


MERLIN GROUP Spolka Akcyjna's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where MERLIN GROUP Spolka Akcyjna's Return-on-Tangible-Equity falls into.



MERLIN GROUP Spolka Akcyjna Return-on-Tangible-Equity Calculation

MERLIN GROUP Spolka Akcyjna's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-11.214/( (-45.298+-10.001 )/ 2 )
=-11.214/-27.6495
=N/A %

MERLIN GROUP Spolka Akcyjna's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-3.364/( (-11.501+22.232)/ 2 )
=-3.364/5.3655
=-62.70 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MERLIN GROUP Spolka Akcyjna  (WAR:MRG) 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.


MERLIN GROUP Spolka Akcyjna Return-on-Tangible-Equity Related Terms

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


MERLIN GROUP Spolka Akcyjna (WAR:MRG) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Modlinska 310/312, Warsaw, POL, 03-152
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.

MERLIN GROUP Spolka Akcyjna (WAR:MRG) Headlines

No Headlines