TDRK (Tiderock) ROE %: Negative Equity% (As of Sep. 2023)


What is Tiderock ROE %?

Tiderock TDRK ROE % is Negative Equity% as of Sep. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tiderock's annualized net income for the quarter that ended in Sep. 2023 was $2.17 Mil. Tiderock's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $-1.70 Mil. Therefore, Tiderock's annualized ROE % for the quarter that ended in Sep. 2023 was Negative Equity%.

The historical rank and industry rank for Tiderock's ROE % or its related term are showing as below:

TDRK's ROE % is not ranked *
in the Real Estate industry.
Industry Median: 3.98
* Ranked among companies with meaningful ROE % only.

Tiderock  (OTCPK:TDRK) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=2.172/-1.695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.172 / 0)*(0 / 0.272)*(0.272 / -1.695)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=2.172/-1.695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.172 / 2.172) * (2.172 / 2.232) * (2.232 / 0) * (0 / 0.272) * (0.272 / -1.695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9731 * N/A % * 0 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.

Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.

Tiderock ROE % Related Terms

Tiderock ROE % Historical Data

* Premium members only.

The historical data trend for Tiderock's ROE % 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.

Tiderock ROE % Chart

Tiderock Annual Data
Trend
ROE %

Tiderock Quarterly Data
Sep22 Sep23
ROE % 0.00 Negative Equity

TDRK vs CSTF, DVLP, GPFT: ROE % Comparison

For the Real Estate - Diversified subindustry, Tiderock's ROE %, along with its competitors' market caps and ROE % 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.

Tiderock ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tiderock's ROE % distribution charts can be found below:

* The bar in red indicates where Tiderock's ROE % falls into.


Tiderock ROE % Calculation

Tiderock's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Tiderock's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=2.172/( (0+-1.695)/ 1 )
=2.172/-1.695
=Negative Equity %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Tiderock (TDRK) has a ROE % of Negative Equity% as of Sep. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tiderock and its competitors.
Is Tiderock's ROE % too high?
Tiderock's current ROE % is Negative Equity%.
How does Tiderock's ROE % compare to CSTF and DVLP?
Tiderock's ROE % of Negative Equity% can be compared against companies in the Real Estate industry. The industry median ROE % is 3.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.98, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tiderock and its competitors. For the Real Estate industry, the median ROE % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiderock's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiderock stock overvalued right now?
Tiderock (TDRK) has a current ROE % of Negative Equity%. The current ROE % is Negative Equity%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tiderock (TDRK), the current ROE % is Negative Equity% as of Sep. 2023. 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.

Tiderock Business Description

Address 109 Broad Street, 4th Floor, Boston, MA, USA, 02110
Tiderock Companies Inc is a diversified investment and advisory firm in Boston, Massachusetts. The company operates through two divisions: manufacturing and real estate. Its manufacturing division specializes in composite materials for industries such as aerospace, marine, rail, and entertainment. Its real estate domain, the company focuses on investment, advisory, and development services. It is involved in developing various property types, including apartments, office spaces, hotels, student housing, and mixed-use developments.