GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Integrated Silicon Solution Inc (NAS:ISSI) » Definitions » ROE %

Integrated Silicon Solution (Integrated Silicon Solution) ROE % : 0.02% (As of Jun. 2015)


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

What is Integrated Silicon Solution ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Integrated Silicon Solution's annualized net income for the quarter that ended in Jun. 2015 was $0.1 Mil. Integrated Silicon Solution's average Total Stockholders Equity over the quarter that ended in Jun. 2015 was $319.3 Mil. Therefore, Integrated Silicon Solution's annualized ROE % for the quarter that ended in Jun. 2015 was 0.02%.

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

ISSI's ROE % is not ranked *
in the Semiconductors industry.
Industry Median: 4.485
* Ranked among companies with meaningful ROE % only.

Integrated Silicon Solution ROE % Historical Data

The historical data trend for Integrated Silicon Solution'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.

Integrated Silicon Solution ROE % Chart

Integrated Silicon Solution Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.60 27.65 -1.14 6.71 7.85

Integrated Silicon Solution Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 8.16 3.64 4.09 1.42 0.02

Competitive Comparison of Integrated Silicon Solution's ROE %

For the Semiconductors subindustry, Integrated Silicon Solution'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.


Integrated Silicon Solution's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Integrated Silicon Solution's ROE % distribution charts can be found below:

* The bar in red indicates where Integrated Silicon Solution's ROE % falls into.



Integrated Silicon Solution ROE % Calculation

Integrated Silicon Solution's annualized ROE % for the fiscal year that ended in Sep. 2014 is calculated as

ROE %=Net Income (A: Sep. 2014 )/( (Total Stockholders Equity (A: Sep. 2013 )+Total Stockholders Equity (A: Sep. 2014 ))/ count )
=23.265/( (280.573+312.47)/ 2 )
=23.265/296.5215
=7.85 %

Integrated Silicon Solution's annualized ROE % for the quarter that ended in Jun. 2015 is calculated as

ROE %=Net Income (Q: Jun. 2015 )/( (Total Stockholders Equity (Q: Mar. 2015 )+Total Stockholders Equity (Q: Jun. 2015 ))/ count )
=0.064/( (317.15+321.424)/ 2 )
=0.064/319.287
=0.02 %

* 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 (Jun. 2015) net income data. ROE % is displayed in the 30-year financial page.


Integrated Silicon Solution  (NAS:ISSI) 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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=0.064/319.287
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.064 / 324.96)*(324.96 / 411.912)*(411.912 / 319.287)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.02 %*0.7889*1.2901
=ROA %*Equity Multiplier
=0.02 %*1.2901
=0.02 %

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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=0.064/319.287
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.064 / -1.756) * (-1.756 / -2.608) * (-2.608 / 324.96) * (324.96 / 411.912) * (411.912 / 319.287)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.0364 * 0.6733 * -0.8 % * 0.7889 * 1.2901
=0.02 %

Note: The net income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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.


Integrated Silicon Solution ROE % Related Terms

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


Integrated Silicon Solution (Integrated Silicon Solution) Business Description

Traded in Other Exchanges
N/A
Address
Integrated Silicon Solution Inc, a Delaware corporation incorporated in October 27,1988. It is a fabless semiconductor company that designs and markets high performance integrated circuits for the automotive; communications; industrial, medical and military; and digital consumer markets. Its main products are low and medium density DRAM and high speed and low power SRAM. In particular, the Company's SRAM products are used in WLANs, cell phones, base stations, networking switches and routers, fiber to the home, DSL modems, LCD TVs, set-top boxes, GPS systems, instrumentation, engine control systems, medical equipment, telematics, audio and video equipment, satellite radio, POS terminals, fax machines, copiers, tape drives, and other applications. The Company's low and medium density DRAM products are used in WLANs, base stations, networking switches and routers, FTTH, DSL and cable modems, set top boxes, digital cameras, MP3, flat panel TVs, LCD TVs, HDTVs, video phones, voice over internet protocol, printers, disk drives, tape drives, audio/video equipment, instrumentation, GPS, telematics, infotainment, smart meters and other applications. In the low to medium density DRAM area, the Company competes with Elpida, Hynix, Micron, Nanya, Oki, Samsung and Winbond. In addition, there are several fabless Taiwanese companies that are competitors, including ESMT and Etron. In the analog market, the Company's main competitors include AMS, IWatt, Linear Technology, Maxim Integrated Products, MaxLinear, Microsemi and NXP Semiconductors. The Company outsources its manufacturing operations, including wafer fabrication, assembly and testing. The Company is subject to federal, state and local regulations relating to the use, handling, storage, disposal and human exposure to hazardous and toxic materials.
Executives
John Cobb officer: CFO C/O ISSI, 1940 ZANKER ROAD, SAN JOSE CA 95112
Starboard Value Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Cathal G Phelan 10 percent owner, other: See Explanation of Responses 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Edward Terino 10 percent owner, other: See Explanation of Responses 17 CANTERBURY ROAD, WINDHAM NH 03087
Starboard Value & Opportunity S Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Mark R Mitchell 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Oliver Press Investors, Llc 10 percent owner, other: See Explanation of Responses 152 WEST 57TH STREET NEW YORK NY 10019
Augustus K Oliver 10 percent owner, other: See Explanation of Responses C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Starboard Value & Opportunity Master Fund Ltd 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017