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SPSoft (XKRX:443670) Return-on-Tangible-Equity : 3.80% (As of Mar. 2025)


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What is SPSoft 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. SPSoft's annualized net income for the quarter that ended in Mar. 2025 was ₩1,917 Mil. SPSoft's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₩50,424 Mil. Therefore, SPSoft's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 3.80%.

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

XKRX:443670' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.77   Med: 20.15   Max: 184.4
Current: 8

During the past 7 years, SPSoft's highest Return-on-Tangible-Equity was 184.40%. The lowest was 0.77%. And the median was 20.15%.

XKRX:443670's Return-on-Tangible-Equity is ranked worse than
51.44% of 2403 companies
in the Software industry
Industry Median: 8.85 vs XKRX:443670: 8.00

SPSoft Return-on-Tangible-Equity Historical Data

The historical data trend for SPSoft'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.

SPSoft Return-on-Tangible-Equity Chart

SPSoft Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 20.15 19.14 20.73 17.43 0.77

SPSoft Quarterly Data
Dec18 Dec19 Dec20 Dec21 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 -34.00 2.96 7.27 16.85 3.80

Competitive Comparison of SPSoft's Return-on-Tangible-Equity

For the Information Technology Services subindustry, SPSoft'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.


SPSoft's Return-on-Tangible-Equity Distribution in the Software Industry

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

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


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SPSoft Return-on-Tangible-Equity Calculation

SPSoft'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 )
=302.079/( (28146.091+49846.828 )/ 2 )
=302.079/38996.4595
=0.77 %

SPSoft'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 )
=1917.42/( (49846.828+51001.491)/ 2 )
=1917.42/50424.1595
=3.80 %

* 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.


SPSoft  (XKRX:443670) 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.


SPSoft Return-on-Tangible-Equity Related Terms

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


SPSoft Business Description

Industry
Traded in Other Exchanges
N/A
Address
13, Eonju-ro 30-gil, Gangnam-gu, Dogok-dong, 3rd floor of Daerim Acrotel, Seoul, KOR, 06292
SPSoft Inc is a company whose main business is to provide IT solutions that service providers need in their respective fields based on cloud infrastructure. SPLA Business which supplies software licenses such as server OS and DB management programs required to operate servers and DBs to develop and provide services, and IDC (Internet Data Center) services, which provide IT infrastructure in physical data centers. Cloud business that provides storage/network/software/solutions in a cloud environment, 'solution business' that provides grid CDN and copyright protection solutions needed to provide multimedia content services, and VDI (Virtual Desktop) that can implement virtual desktops.

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