TKCI (Turnkey Capital) ROE %: 0.00% (As of Sep. 2020)


What is Turnkey Capital ROE %?

Turnkey Capital TKCI -4.74% ROE % is 0.00% as of Sep. 2020.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Turnkey Capital's annualized net income for the quarter that ended in Sep. 2020 was $-0.41 Mil. Turnkey Capital's average Total Stockholders Equity over the quarter that ended in Sep. 2020 was $-1.41 Mil. Therefore, Turnkey Capital's annualized ROE % for the quarter that ended in Sep. 2020 was N/A%.

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

TKCI's ROE % is not ranked *
in the Software industry.
Industry Median: 4.71
* Ranked among companies with meaningful ROE % only.

Turnkey Capital  (OTCPK:TKCI) 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. 2020 )
=Net Income/Total Stockholders Equity
=-0.412/-1.4095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.412 / 0)*(0 / 0.0015)*(0.0015 / -1.4095)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

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. 2020 )
=Net Income/Total Stockholders Equity
=-0.412/-1.4095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.412 / -0.412) * (-0.412 / -0.416) * (-0.416 / 0) * (0 / 0.0015) * (0.0015 / -1.4095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9904 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2020) net income data. The Revenue data used here is four times the quarterly (Sep. 2020) 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.


Turnkey Capital ROE % Related Terms


Turnkey Capital ROE % Historical Data

* Premium members only.

The historical data trend for Turnkey Capital'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.

Turnkey Capital ROE % Chart

Turnkey Capital Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Turnkey Capital Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
ROE % 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 0.00 0.00 0.00

TKCI vs USBL, STQN, KRBF: ROE % Comparison

For the Software - Application subindustry, Turnkey Capital'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.


Turnkey Capital ROE % vs Software Industry

For the Software industry and Technology sector, Turnkey Capital's ROE % distribution charts can be found below:

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



Turnkey Capital ROE % Calculation

Turnkey Capital's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-0.325/( (-0.82+-1.145)/ 2 )
=-0.325/-0.9825
=N/A %

Turnkey Capital's annualized ROE % for the quarter that ended in Sep. 2020 is calculated as

ROE %=Net Income (Q: Sep. 2020 )/( (Total Stockholders Equity (Q: Jun. 2020 )+Total Stockholders Equity (Q: Sep. 2020 ))/ count )
=-0.412/( (-1.358+-1.461)/ 2 )
=-0.412/-1.4095
=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 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. 2020) 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 0.00% mean?
Turnkey Capital (TKCI) has a ROE % of 0.00% as of Sep. 2020. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Turnkey Capital and its competitors.
Is Turnkey Capital's ROE % too high?
Turnkey Capital's current ROE % is 0.00%.
How does Turnkey Capital's ROE % compare to USBL and STQN?
Turnkey Capital's ROE % of 0.00% can be compared against companies in the Software industry. The industry median ROE % is 4.71. 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 Software company?
The median ROE % among Software companies is 4.71, based on 2,681 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 Turnkey Capital and its competitors. For the Software industry, the median ROE % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnkey Capital's current ROE % 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 Turnkey Capital stock overvalued right now?
Turnkey Capital (TKCI) has a current ROE % of 0.00%. The current ROE % is 0.00%. 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 Turnkey Capital (TKCI), the current ROE % is 0.00% as of Sep. 2020. 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.

Turnkey Capital Business Description

Address 29970 Technology Drive, Suite 219, Murrieta, CA, USA, 92563
Turnkey Capital Inc creates automated platforms with machine-learning, adaptive, and artificial intelligence for the consumer. The company has created an Adaptive Intelligence platform dedicated to developing and deploying security solutions and cutting-edge technologies to safeguard America's national security and protect consumers across the world. Its Adaptive Intelligence solutions are designed to adapt to various devices and applications, providing tailor-made security experiences for each user. The company's principal product is the Aedan Security application, an adaptive intelligence-powered security solution designed to protect data, defend privacy, and optimize the performance of the user's devices.