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IVU Traffic Technologies AG (XTER:IVU) Return-on-Tangible-Equity : 75.55% (As of Dec. 2023)


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What is IVU Traffic Technologies AG 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. IVU Traffic Technologies AG's annualized net income for the quarter that ended in Dec. 2023 was €36.6 Mil. IVU Traffic Technologies AG's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €48.4 Mil. Therefore, IVU Traffic Technologies AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 75.55%.

The historical rank and industry rank for IVU Traffic Technologies AG's Return-on-Tangible-Equity or its related term are showing as below:

XTER:IVU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.76   Med: 18.67   Max: 25.77
Current: 24.38

During the past 13 years, IVU Traffic Technologies AG's highest Return-on-Tangible-Equity was 25.77%. The lowest was -0.76%. And the median was 18.67%.

XTER:IVU's Return-on-Tangible-Equity is ranked better than
72.86% of 2380 companies
in the Software industry
Industry Median: 7.965 vs XTER:IVU: 24.38

IVU Traffic Technologies AG Return-on-Tangible-Equity Historical Data

The historical data trend for IVU Traffic Technologies AG'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.

IVU Traffic Technologies AG Return-on-Tangible-Equity Chart

IVU Traffic Technologies AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.77 20.91 17.35 19.59 22.83

IVU Traffic Technologies AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 64.02 -2.01 5.84 16.60 75.55

Competitive Comparison of IVU Traffic Technologies AG's Return-on-Tangible-Equity

For the Software - Application subindustry, IVU Traffic Technologies AG'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.


IVU Traffic Technologies AG's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, IVU Traffic Technologies AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where IVU Traffic Technologies AG's Return-on-Tangible-Equity falls into.



IVU Traffic Technologies AG Return-on-Tangible-Equity Calculation

IVU Traffic Technologies AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=11.377/( (47.154+52.532 )/ 2 )
=11.377/49.843
=22.83 %

IVU Traffic Technologies AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=36.572/( (44.277+52.532)/ 2 )
=36.572/48.4045
=75.55 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


IVU Traffic Technologies AG  (XTER:IVU) 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.


IVU Traffic Technologies AG Return-on-Tangible-Equity Related Terms

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


IVU Traffic Technologies AG (XTER:IVU) Business Description

Traded in Other Exchanges
Address
Bundesallee 88, Berlin, DEU, 12161
IVU Traffic Technologies AG is a Germany-based software company. It is engaged in the development, manufacturing, and marketing of software and hardware. It provides installation and maintenance of IT solutions for the operational tasks of public passenger and freight transport. Its product consists of IVU. suite, IVU.rail, IVU.cloud, and many more. The company's business area of operations includes countries like Germany, Europe, and others in which it generates the majority of its revenue from Germany.
Executives
Leon Struijk Board of Directors
Ute Witt Supervisory Board
Timo Kirst Managing Director
Matthias Rust Board of Directors
Martin Müller-elschner Board of Directors

IVU Traffic Technologies AG (XTER:IVU) Headlines

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