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ISC Co (XKRX:095340) Return-on-Tangible-Equity : 13.48% (As of Mar. 2024)


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What is ISC Co 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. ISC Co's annualized net income for the quarter that ended in Mar. 2024 was ₩63,153 Mil. ISC Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₩468,470 Mil. Therefore, ISC Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 13.48%.

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

XKRX:095340' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.67   Med: 8.74   Max: 19.18
Current: 4.56

During the past 13 years, ISC Co's highest Return-on-Tangible-Equity was 19.18%. The lowest was 2.67%. And the median was 8.74%.

XKRX:095340's Return-on-Tangible-Equity is ranked worse than
51.71% of 965 companies
in the Semiconductors industry
Industry Median: 5.09 vs XKRX:095340: 4.56

ISC Co Return-on-Tangible-Equity Historical Data

The historical data trend for ISC Co'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.

ISC Co Return-on-Tangible-Equity Chart

ISC Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 3.91 16.23 19.18 3.79

ISC Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.99 7.76 -7.56 2.36 13.48

Competitive Comparison of ISC Co's Return-on-Tangible-Equity

For the Semiconductor Equipment & Materials subindustry, ISC Co'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.


ISC Co's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ISC Co's Return-on-Tangible-Equity distribution charts can be found below:

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



ISC Co Return-on-Tangible-Equity Calculation

ISC Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=13202.99/( (244873.965+451921.774 )/ 2 )
=13202.99/348397.8695
=3.79 %

ISC Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=63152.76/( (451921.774+485017.78)/ 2 )
=63152.76/468469.777
=13.48 %

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


ISC Co  (XKRX:095340) 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.


ISC Co Return-on-Tangible-Equity Related Terms

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


ISC Co (XKRX:095340) Business Description

Traded in Other Exchanges
N/A
Address
333-7 Sangdaewon-dong, Keumkang Penteriyn IT-tower F6, Jungwon-Ku, Seongnam-Si, Kyunggi-do, KOR, 462-807
ISC Co Ltd is a Korea-based company which develops, manufactures, and sells semiconductor test sockets worldwide. Its product offering comprises of silicon rubber and pogo test sockets, burn-in sockets, interposers, manual test jigs, finger type test sockets, spring pins, and processed parts.

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