GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maxwell Technologies Inc (NAS:MXWL) » Definitions » ROE %

Maxwell Technologies (Maxwell Technologies) ROE % : -84.65% (As of Mar. 2019)


View and export this data going back to 1983. Start your Free Trial

What is Maxwell Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Maxwell Technologies's annualized net income for the quarter that ended in Mar. 2019 was $-70.48 Mil. Maxwell Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2019 was $83.26 Mil. Therefore, Maxwell Technologies's annualized ROE % for the quarter that ended in Mar. 2019 was -84.65%.

The historical rank and industry rank for Maxwell Technologies's ROE % or its related term are showing as below:

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

Maxwell Technologies ROE % Historical Data

The historical data trend for Maxwell Technologies'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.

Maxwell Technologies ROE % Chart

Maxwell Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.70 -18.15 -21.55 -41.69 -37.16

Maxwell Technologies Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -35.21 -46.67 -39.53 -25.69 -84.65

Competitive Comparison of Maxwell Technologies's ROE %

For the Electronic Components subindustry, Maxwell Technologies'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.


Maxwell Technologies's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxwell Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Maxwell Technologies's ROE % falls into.



Maxwell Technologies ROE % Calculation

Maxwell Technologies's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-36.548/( (106.101+90.591)/ 2 )
=-36.548/98.346
=-37.16 %

Maxwell Technologies's annualized ROE % for the quarter that ended in Mar. 2019 is calculated as

ROE %=Net Income (Q: Mar. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Mar. 2019 ))/ count )
=-70.48/( (90.591+75.937)/ 2 )
=-70.48/83.264
=-84.65 %

* 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 (Mar. 2019) net income data. ROE % is displayed in the 30-year financial page.


Maxwell Technologies  (NAS:MXWL) 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: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-70.48/83.264
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.48 / 61.752)*(61.752 / 162.805)*(162.805 / 83.264)
=Net Margin %*Asset Turnover*Equity Multiplier
=-114.13 %*0.3793*1.9553
=ROA %*Equity Multiplier
=-43.29 %*1.9553
=-84.65 %

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: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-70.48/83.264
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-70.48 / -70.424) * (-70.424 / -65.572) * (-65.572 / 61.752) * (61.752 / 162.805) * (162.805 / 83.264)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0008 * 1.074 * -106.19 % * 0.3793 * 1.9553
=-84.65 %

Note: The net income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Maxwell Technologies ROE % Related Terms

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


Maxwell Technologies (Maxwell Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3888 Calle Fortunada, San Diego, CA, USA, 92123
Maxwell Technologies Inc is a part of the electronic components industry. It engaged in developing, manufacturing and marketing energy storage and power delivery solutions for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications. Maxwell products are designed and built to provide failure-free performance for the life of the most demanding applications. The company is committed to providing cost-effective, energy-efficient, environmentally-conscious energy storage and power delivery solutions.
Executives
Rick Bergman director C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
John Mutch director C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
David Lyle officer: Chief Financial Officer 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Steven J Bilodeau director C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Franz Fink director, officer: Chief Executive Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
David L Schlotterbeck director 10221 WATERIDGE CIRCLE, SAN DIEGO CA 92121
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
Mark Rossi director
Christopher Humphrey officer: VP of Marketing and Bus. Dev. 15353 BARRANCA PARKWAY, IRVINE CA 92618
Kevin Royal officer: Chief Financial Officer
John Warwick officer: Chief Operating Officer EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
David Schramm director, officer: CEO and President C/O MAXWELL TECHNOLOGIES, INC., 9244 BALBOA AVENUE, SAN DIEGO CA 92123
George Iii Kreigler officer: Sr. VP Worldwide Operations
Thomas L Ringer director C/O CALIFORNIA AMPLLIFIER INC, 460 CALLE SAN PABLO, CAMARILLO CA 93012
Tesfaye Hailemichael officer: Chief Financial Officer C/O MITEK SYSTEMS, INC., 8911 BALBOA AVENUE SUITE B, SAN DIEGO CA 92123