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SU Group Holdings (SU Group Holdings) Return-on-Tangible-Equity : -1.13% (As of Sep. 2023)


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What is SU Group Holdings 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. SU Group Holdings's annualized net income for the quarter that ended in Sep. 2023 was $-0.08 Mil. SU Group Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $6.72 Mil. Therefore, SU Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -1.13%.

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

SUGP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.91   Med: 19.95   Max: 20.75
Current: 20.2

During the past 3 years, SU Group Holdings's highest Return-on-Tangible-Equity was 20.75%. The lowest was 14.91%. And the median was 19.95%.

SUGP's Return-on-Tangible-Equity is ranked better than
64.7% of 1000 companies
in the Business Services industry
Industry Median: 12.08 vs SUGP: 20.20

SU Group Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for SU Group Holdings'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.

SU Group Holdings Return-on-Tangible-Equity Chart

SU Group Holdings Annual Data
Trend Sep21 Sep22 Sep23
Return-on-Tangible-Equity
14.91 19.95 20.75

SU Group Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Return-on-Tangible-Equity - 14.25 25.79 45.00 -1.13

Competitive Comparison of SU Group Holdings's Return-on-Tangible-Equity

For the Security & Protection Services subindustry, SU Group Holdings'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.


SU Group Holdings's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SU Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



SU Group Holdings Return-on-Tangible-Equity Calculation

SU Group Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=1.239/( (4.916+7.027 )/ 2 )
=1.239/5.9715
=20.75 %

SU Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-0.076/( (6.409+7.027)/ 2 )
=-0.076/6.718
=-1.13 %

* 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 two times the semi-annual (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SU Group Holdings  (NAS:SUGP) 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.


SU Group Holdings Return-on-Tangible-Equity Related Terms

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


SU Group Holdings (SU Group Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
31 Hung To Road, Unit 01 – 03, 3/F, Billion Trade Centre, Kwun Tong, Kowloon, Hong Kong, HKG
SU Group Holdings Ltd and its subsidiaries is an integrated security-related services company that primarily provides security-related engineering services, and to a lesser extent, security guarding and screening services and related vocational training services, in Hong Kong.

SU Group Holdings (SU Group Holdings) Headlines