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QuinStreet (QuinStreet) ROE % : -21.12% (As of Dec. 2023)


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What is QuinStreet ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. QuinStreet's annualized net income for the quarter that ended in Dec. 2023 was $-46.2 Mil. QuinStreet's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $218.8 Mil. Therefore, QuinStreet's annualized ROE % for the quarter that ended in Dec. 2023 was -21.12%.

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

QNST' s ROE % Range Over the Past 10 Years
Min: -69.05   Med: -5.93   Max: 33.67
Current: -31.86

During the past 13 years, QuinStreet's highest ROE % was 33.67%. The lowest was -69.05%. And the median was -5.93%.

QNST's ROE % is ranked worse than
84.5% of 987 companies
in the Media - Diversified industry
Industry Median: 2.39 vs QNST: -31.86

QuinStreet ROE % Historical Data

The historical data trend for QuinStreet'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.

QuinStreet ROE % Chart

QuinStreet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.67 7.56 8.55 -1.81 -26.70

QuinStreet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -11.34 -0.68 -86.93 -18.69 -21.12

Competitive Comparison of QuinStreet's ROE %

For the Advertising Agencies subindustry, QuinStreet'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.


QuinStreet's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, QuinStreet's ROE % distribution charts can be found below:

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



QuinStreet ROE % Calculation

QuinStreet's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-68.866/( (286+229.801)/ 2 )
=-68.866/257.9005
=-26.70 %

QuinStreet's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-46.216/( (222.336+215.253)/ 2 )
=-46.216/218.7945
=-21.12 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


QuinStreet  (NAS:QNST) 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. 2023 )
=Net Income/Total Stockholders Equity
=-46.216/218.7945
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-46.216 / 490.732)*(490.732 / 320.941)*(320.941 / 218.7945)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.42 %*1.529*1.4669
=ROA %*Equity Multiplier
=-14.4 %*1.4669
=-21.12 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-46.216/218.7945
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-46.216 / -45.208) * (-45.208 / -45.58) * (-45.58 / 490.732) * (490.732 / 320.941) * (320.941 / 218.7945)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0223 * 0.9918 * -9.29 % * 1.529 * 1.4669
=-21.12 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


QuinStreet ROE % Related Terms

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


QuinStreet (QuinStreet) Business Description

Traded in Other Exchanges
Address
950 Tower Lane, 6th Floor, Foster City, CA, USA, 94404
QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools. QuintStreet aims to partner with search engine companies by helping build websites with flexible content and offerings that are customizable according to the user base. It generates revenue by delivering measurable online marketing results to the clients. Its product offerings comprise a full range of performance marketing products: Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions.
Executives
Gregory Wong officer: CFO 950 TOWER LANE, 6TH FLOOR, FOSTER CITY CA 94404
Douglas Valenti director, 10 percent owner, officer: Chief Executive Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Asmau Ahmed director 315 RIVERSIDE DRIVE 1B, NEW YORK NY 10025
Hillary B Smith director C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
David J Pauldine director 300 SIXTH AVE, 8TH FLOOR, PITTSBURGH PA 75222
James R. Simons director C/O SPLIT ROCK PARTNERS, 10400 VIKING DRIVE, SUITE 250, EDEN PRAIRIE MN 55344
Robin Josephs director
Anna Liao Fieler director 2036 STERLING AVE, MENLO PARK CA 94025
Andrew T Sheehan director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Gregory P Sands director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
John G Mcdonald director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101-1374
Nina Bhanap officer: Chief Technology Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Matthew Glickman director 159 MELVILLE AVENUE, PALO ALTO CA 94301
Martin J Collins officer: SVP & General Counsel 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Stuart Huizinga director 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043