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USP Group (SGX:BRS) Return-on-Tangible-Equity : -5.54% (As of Dec. 2022)


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What is USP Group 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. USP Group's annualized net income for the quarter that ended in Dec. 2022 was S$-1.67 Mil. USP Group's average shareholder tangible equity for the quarter that ended in Dec. 2022 was S$30.16 Mil. Therefore, USP Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was -5.54%.

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

SGX:BRS's Return-on-Tangible-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 7.26
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

USP Group Return-on-Tangible-Equity Historical Data

The historical data trend for USP Group'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.

USP Group Return-on-Tangible-Equity Chart

USP Group Annual Data
Trend Nov11 Nov12 Nov13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.67 -0.19 -58.95 -24.86 -5.53

USP Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22
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 20.21 4.61 7.41 12.46 -5.54

Competitive Comparison of USP Group's Return-on-Tangible-Equity

For the Conglomerates subindustry, USP Group'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.


USP Group's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, USP Group's Return-on-Tangible-Equity distribution charts can be found below:

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



USP Group Return-on-Tangible-Equity Calculation

USP Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=-1.25/( (23.585+21.65 )/ 2 )
=-1.25/22.6175
=-5.53 %

USP Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-1.672/( (30.397+29.931)/ 2 )
=-1.672/30.164
=-5.54 %

* 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 (Dec. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


USP Group  (SGX:BRS) 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.


USP Group Return-on-Tangible-Equity Related Terms

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


USP Group (SGX:BRS) Business Description

Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, No. 29-02A, Singapore, SGP, 038987
USP Group Ltd is an investment holding company. The company operates through the segments of Property investments; Marine distributors and dealerships; Calibration of environmental equipment and others. It generates maximum revenue from the Marine distributors and dealerships segment. The Marine distributors and dealerships segment is a trader of marine equipment and related products. Geographically, it derives a majority of revenue from Malaysia.

USP Group (SGX:BRS) Headlines

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