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Conforce International (Conforce International) Return-on-Tangible-Equity : -121.69% (As of Sep. 2012)


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What is Conforce International 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. Conforce International's annualized net income for the quarter that ended in Sep. 2012 was $-2.51 Mil. Conforce International's average shareholder tangible equity for the quarter that ended in Sep. 2012 was $2.06 Mil. Therefore, Conforce International's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2012 was -121.69%.

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

CFRI's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 7.88
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Conforce International Return-on-Tangible-Equity Historical Data

The historical data trend for Conforce International'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.

Conforce International Return-on-Tangible-Equity Chart

Conforce International Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Return-on-Tangible-Equity
- - -74.98 -80.79

Conforce International Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -73.03 -110.33 -115.72 -75.61 -121.69

Competitive Comparison of Conforce International's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, Conforce International'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.


Conforce International's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Conforce International's Return-on-Tangible-Equity distribution charts can be found below:

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



Conforce International Return-on-Tangible-Equity Calculation

Conforce International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2012 )  (A: Mar. 2011 )(A: Mar. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2012 )  (A: Mar. 2011 )(A: Mar. 2012 )
=-3.813/( (6.601+2.838 )/ 2 )
=-3.813/4.7195
=-80.79 %

Conforce International's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=-2.508/( (2.368+1.754)/ 2 )
=-2.508/2.061
=-121.69 %

* 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. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Conforce International  (OTCPK:CFRI) 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.


Conforce International Return-on-Tangible-Equity Related Terms

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Conforce International (Conforce International) Business Description

Traded in Other Exchanges
N/A
Address
51A Caldari Road, 2nd Floor, Concord, ON, CAN, L4K 4G3
Conforce International Inc is a United States based company, through its subsidiary, is engaged in the development of polymer-based composite flooring system for the transportation industry trademarked under the name EKO-FLOR. The product offered by the company is designed for container and highway trailer.

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