GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mad Catz Interactive Inc (OTCPK:MCZAF) » Definitions » ROE %

Mad Catz Interactive (Mad Catz Interactive) ROE % : 0.00% (As of Dec. 2016)


View and export this data going back to 1999. Start your Free Trial

What is Mad Catz Interactive ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mad Catz Interactive's annualized net income for the quarter that ended in Dec. 2016 was $-13.84 Mil. Mad Catz Interactive's average Total Stockholders Equity over the quarter that ended in Dec. 2016 was $-0.38 Mil. Therefore, Mad Catz Interactive's annualized ROE % for the quarter that ended in Dec. 2016 was N/A%.

The historical rank and industry rank for Mad Catz Interactive's ROE % or its related term are showing as below:

MCZAF's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.75
* Ranked among companies with meaningful ROE % only.

Mad Catz Interactive ROE % Historical Data

The historical data trend for Mad Catz Interactive'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.

* Premium members only.

Mad Catz Interactive ROE % Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.07 -48.31 -51.31 34.01 -117.33

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 43.58 -369.64 -1,659.20 15,396.23 -

Competitive Comparison of Mad Catz Interactive's ROE %

For the Computer Hardware subindustry, Mad Catz Interactive'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.


Mad Catz Interactive's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mad Catz Interactive's ROE % distribution charts can be found below:

* The bar in red indicates where Mad Catz Interactive's ROE % falls into.



Mad Catz Interactive ROE % Calculation

Mad Catz Interactive's annualized ROE % for the fiscal year that ended in Mar. 2016 is calculated as

ROE %=Net Income (A: Mar. 2016 )/( (Total Stockholders Equity (A: Mar. 2015 )+Total Stockholders Equity (A: Mar. 2016 ))/ count )
=-11.62/( (15.788+4.02)/ 2 )
=-11.62/9.904
=-117.33 %

Mad Catz Interactive's annualized ROE % for the quarter that ended in Dec. 2016 is calculated as

ROE %=Net Income (Q: Dec. 2016 )/( (Total Stockholders Equity (Q: Sep. 2016 )+Total Stockholders Equity (Q: Dec. 2016 ))/ count )
=-13.844/( (1.921+-2.674)/ 2 )
=-13.844/-0.3765
=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 (Dec. 2016) 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.


Mad Catz Interactive  (OTCPK:MCZAF) 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: Dec. 2016 )
=Net Income/Total Stockholders Equity
=-13.844/-0.3765
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.844 / 76.244)*(76.244 / 40.9365)*(40.9365 / -0.3765)
=Net Margin %*Asset Turnover*Equity Multiplier
=-18.16 %*1.8625*N/A
=ROA %*Equity Multiplier
=-33.82 %*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: Dec. 2016 )
=Net Income/Total Stockholders Equity
=-13.844/-0.3765
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.844 / -10.728) * (-10.728 / -11.508) * (-11.508 / 76.244) * (76.244 / 40.9365) * (40.9365 / -0.3765)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2905 * 0.9322 * -15.09 % * 1.8625 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Mad Catz Interactive ROE % Related Terms

Thank you for viewing the detailed overview of Mad Catz Interactive's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mad Catz Interactive (Mad Catz Interactive) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.
Executives
Karen K Mcginnis director, officer: President & CEO INSIGHT ENTERPRISES INC, 1305 WEST AUTO DRIVE, TEMPE AZ 85284
Thomas R Brown director 15378 AVENUE OF SCIENCE SUITE 100, SAN DIEGO CA 92128
Morris Perlis director C/O COUNSEL CORPORATION, 700 - 1 TORONTO ST., TORONTO A6 M5C 2V6