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Fuel Systems Solutions (Fuel Systems Solutions) ROE % : -16.89% (As of Mar. 2016)


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What is Fuel Systems Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fuel Systems Solutions's annualized net income for the quarter that ended in Mar. 2016 was $-25.9 Mil. Fuel Systems Solutions's average Total Stockholders Equity over the quarter that ended in Mar. 2016 was $153.4 Mil. Therefore, Fuel Systems Solutions's annualized ROE % for the quarter that ended in Mar. 2016 was -16.89%.

The historical rank and industry rank for Fuel Systems Solutions's ROE % or its related term are showing as below:

FSYS's ROE % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.47
* Ranked among companies with meaningful ROE % only.

Fuel Systems Solutions ROE % Historical Data

The historical data trend for Fuel Systems Solutions'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.

Fuel Systems Solutions ROE % Chart

Fuel Systems Solutions Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 -4.83 -0.14 -19.23 -24.13

Fuel Systems Solutions Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -21.83 -12.40 -50.36 -17.20 -16.89

Competitive Comparison of Fuel Systems Solutions's ROE %

For the Auto Parts subindustry, Fuel Systems Solutions'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.


Fuel Systems Solutions's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuel Systems Solutions's ROE % distribution charts can be found below:

* The bar in red indicates where Fuel Systems Solutions's ROE % falls into.



Fuel Systems Solutions ROE % Calculation

Fuel Systems Solutions's annualized ROE % for the fiscal year that ended in Dec. 2015 is calculated as

ROE %=Net Income (A: Dec. 2015 )/( (Total Stockholders Equity (A: Dec. 2014 )+Total Stockholders Equity (A: Dec. 2015 ))/ count )
=-47.135/( (236.594+154.087)/ 2 )
=-47.135/195.3405
=-24.13 %

Fuel Systems Solutions's annualized ROE % for the quarter that ended in Mar. 2016 is calculated as

ROE %=Net Income (Q: Mar. 2016 )/( (Total Stockholders Equity (Q: Dec. 2015 )+Total Stockholders Equity (Q: Mar. 2016 ))/ count )
=-25.896/( (154.087+152.646)/ 2 )
=-25.896/153.3665
=-16.89 %

* 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. 2016) net income data. ROE % is displayed in the 30-year financial page.


Fuel Systems Solutions  (NAS:FSYS) 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. 2016 )
=Net Income/Total Stockholders Equity
=-25.896/153.3665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.896 / 224.568)*(224.568 / 229.6845)*(229.6845 / 153.3665)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.53 %*0.9777*1.4976
=ROA %*Equity Multiplier
=-11.27 %*1.4976
=-16.89 %

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. 2016 )
=Net Income/Total Stockholders Equity
=-25.896/153.3665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-25.896 / -22.892) * (-22.892 / -20.512) * (-20.512 / 224.568) * (224.568 / 229.6845) * (229.6845 / 153.3665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1312 * 1.116 * -9.13 % * 0.9777 * 1.4976
=-16.89 %

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


Fuel Systems Solutions ROE % Related Terms

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


Fuel Systems Solutions (Fuel Systems Solutions) Business Description

Traded in Other Exchanges
N/A
Address
Fuel Systems Solutions Inc was incorporated in 1985. The Company designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines. The Company is directly involved in two markets: automotive and industrial. Industrial segment consists of the Company's industrial mobile and stationary equipment and auxiliary power unit (APU), and the Company's heavy duty commercial transportation operations. Automotive segment consists of the Company's passenger and light duty commercial transportation (automotive OEM and aftermarket) and transportation infrastructure operations (compressors). Its products include gaseous fuel regulators, fuel shut-off valves, fuel metering and delivery systems, complete engine systems, auxiliary power systems and electronic controls for use in internal combustion engines for the transportation, industrial and power generation markets. It sells products through a network encompassing distributors and dealers in more than 60 countries and through a sales force that develops sales with distributors, OEMs and end-users. It manufactures and assembles a majority of its products at its facilities in Santa Ana, California, Union City, Indiana, Kitchener, Canada, Beccar, Argentina and Cherasco, Italy and to a lesser extent at some of its other international facilities. Its competitors in gaseous fuel delivery products, accessory components and engine conversions markets include Westport Innovations Inc. located in Canada; Enovation Controls LLC and Woodward, Inc. located in North America; Landi Group and O.M.T. Tartarini, S.r.L. located in Italy; and Nikki Company Ltd. located in Japan.
Executives
Kevin Douglas 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Douglas Family Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Douglas James E Iii 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Michelle Douglas 10 percent owner, other: 13(d)(3) group 125 E. SIR FRANCIS DRAKE BLVD., SUITE 400, LARKSPUR CA 94939
Steven R Becker director, other: Member of 13D 10% Group 5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p. other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc other: Member of 13D 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin other: Member of 13D 10% Group 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Becker Drapkin Partners Slv, Ltd. other: Member of 13D 10% Group C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Troy A Clarke director C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
Pietro Bersani officer: CHIEF FINANCIAL OFFICER C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
Becker Drapkin Partners, L.p. other: Member of 13D 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
William J Young director 3030 SOUTH SUSAN STREET, SANTA ANA CA 92704