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Dynasil of America (Dynasil of America) ROE % : -1.87% (As of Sep. 2019)


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What is Dynasil of America ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dynasil of America's annualized net income for the quarter that ended in Sep. 2019 was $-0.36 Mil. Dynasil of America's average Total Stockholders Equity over the quarter that ended in Sep. 2019 was $19.23 Mil. Therefore, Dynasil of America's annualized ROE % for the quarter that ended in Sep. 2019 was -1.87%.

The historical rank and industry rank for Dynasil of America's ROE % or its related term are showing as below:

DYSL's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.54
* Ranked among companies with meaningful ROE % only.

Dynasil of America ROE % Historical Data

The historical data trend for Dynasil of America'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.

Dynasil of America ROE % Chart

Dynasil of America Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.61 4.65 12.92 8.80 -1.92

Dynasil of America Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 17.13 -1.77 1.44 -4.99 -1.87

Competitive Comparison of Dynasil of America's ROE %

For the Scientific & Technical Instruments subindustry, Dynasil of America'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.


Dynasil of America's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dynasil of America's ROE % distribution charts can be found below:

* The bar in red indicates where Dynasil of America's ROE % falls into.



Dynasil of America ROE % Calculation

Dynasil of America's annualized ROE % for the fiscal year that ended in Sep. 2019 is calculated as

ROE %=Net Income (A: Sep. 2019 )/( (Total Stockholders Equity (A: Sep. 2018 )+Total Stockholders Equity (A: Sep. 2019 ))/ count )
=-0.37/( (21.029+17.521)/ 2 )
=-0.37/19.275
=-1.92 %

Dynasil of America's annualized ROE % for the quarter that ended in Sep. 2019 is calculated as

ROE %=Net Income (Q: Sep. 2019 )/( (Total Stockholders Equity (Q: Jun. 2019 )+Total Stockholders Equity (Q: Sep. 2019 ))/ count )
=-0.36/( (20.943+17.521)/ 2 )
=-0.36/19.232
=-1.87 %

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


Dynasil of America  (OTCPK:DYSL) 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: Sep. 2019 )
=Net Income/Total Stockholders Equity
=-0.36/19.232
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.36 / 44.204)*(44.204 / 31.4585)*(31.4585 / 19.232)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.81 %*1.4052*1.6357
=ROA %*Equity Multiplier
=-1.14 %*1.6357
=-1.87 %

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: Sep. 2019 )
=Net Income/Total Stockholders Equity
=-0.36/19.232
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.36 / -0.476) * (-0.476 / -0.164) * (-0.164 / 44.204) * (44.204 / 31.4585) * (31.4585 / 19.232)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7563 * 2.9024 * -0.37 % * 1.4052 * 1.6357
=-1.87 %

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


Dynasil of America ROE % Related Terms

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Dynasil of America (Dynasil of America) Business Description

Traded in Other Exchanges
N/A
Address
313 Washington Street, Suite 403, Newton, MA, USA, 02458
Dynasil Corp of America is a US-based company. It operates in three segments. The Optics segment, which is the key revenue driver, encompasses Dynasil Fused Silica, Evaporated Metal Films, Hilger Crystals, and Optometrics. It manufactures commercial products, including optical crystals for sensing in the security and medical imaging markets, and optical components, optical coatings and optical materials for scientific instrumentation and other applications. The Innovation and Development segment consists of the Radiation Monitoring Devices. The Biomedical segment consists of Dynasil Biomedical, a medical technology incubator that owns rights to certain early-stage medical technologies.
Executives
Bowdring Robert Joseph Jr officer: Former CFO 92 GOULD STREET, WAKEFIELD MA 01880
Alan B Levine director
Lawrence Joseph Fox director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Craig T Dunham director, 10 percent owner DYNASIL CORPORATION, 385 COOPER ROAD, WEST BERLIN NJ 08091
David Kronfeld director JK&B CAPITAL, 180 N. STETSON AVENUE, SUITE 4500, CHICAGO IL 60601
Thomas C Leonard director KADANT INC., 1 TECHONOLOGY PARK DRIVE, WESTFORD MA 01886
Gerald Entine 10 percent owner 100 BELVIDERE STREET, SUITE 10B, BOSTON MA 02199