GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PartnerTech AB (LTS:0GUE) » Definitions » ROE %

PartnerTech AB (LTS:0GUE) ROE % : -14.44% (As of Jun. 2015)


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

What is PartnerTech AB ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PartnerTech AB's annualized net income for the quarter that ended in Jun. 2015 was £-4.66 Mil. PartnerTech AB's average Total Stockholders Equity over the quarter that ended in Jun. 2015 was £32.28 Mil. Therefore, PartnerTech AB's annualized ROE % for the quarter that ended in Jun. 2015 was -14.44%.

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

LTS:0GUE' s ROE % Range Over the Past 10 Years
Min: -16.53   Med: -0.32   Max: 51.27
Current: -12.65

During the past 12 years, PartnerTech AB's highest ROE % was 51.27%. The lowest was -16.53%. And the median was -0.32%.

LTS:0GUE's ROE % is not ranked
in the Hardware industry.
Industry Median: 4.54 vs LTS:0GUE: -12.65

PartnerTech AB ROE % Historical Data

The historical data trend for PartnerTech AB'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.

PartnerTech AB ROE % Chart

PartnerTech AB Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.06 -4.02 1.10 -1.73 1.45

PartnerTech AB Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 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 -1.90 -23.83 -8.60 -2.13 -14.44

Competitive Comparison of PartnerTech AB's ROE %

For the Electronic Components subindustry, PartnerTech AB'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.


PartnerTech AB's ROE % Distribution in the Hardware Industry

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

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



PartnerTech AB ROE % Calculation

PartnerTech AB's annualized ROE % for the fiscal year that ended in Dec. 2013 is calculated as

ROE %=Net Income (A: Dec. 2013 )/( (Total Stockholders Equity (A: Dec. 2012 )+Total Stockholders Equity (A: Dec. 2013 ))/ count )
=0.627/( (42.836+43.596)/ 2 )
=0.627/43.216
=1.45 %

PartnerTech AB'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 )
=-4.66/( (33.463+31.093)/ 2 )
=-4.66/32.278
=-14.44 %

* 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.


PartnerTech AB  (LTS:0GUE) 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
=-4.66/32.278
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.66 / 210.716)*(210.716 / 101.0765)*(101.0765 / 32.278)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.21 %*2.0847*3.1314
=ROA %*Equity Multiplier
=-4.61 %*3.1314
=-14.44 %

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
=-4.66/32.278
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.66 / -4.32) * (-4.32 / -2.92) * (-2.92 / 210.716) * (210.716 / 101.0765) * (101.0765 / 32.278)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0787 * 1.4795 * -1.39 % * 2.0847 * 3.1314
=-14.44 %

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.


PartnerTech AB ROE % Related Terms

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


PartnerTech AB (LTS:0GUE) Business Description

Traded in Other Exchanges
N/A
Address
PartnerTech AB develops and manufactures products on behalf of businesses in the areas of Defense and Maritime, Industry, Information Technology, MedTech & Instrumentation, CleanTech, and Point of Sale Applications. The Group provides production expertise, which requires management of the entire product life cycle, along with skills in electronics, mechanics, and systems integration. PartnerTech operates in Sweden, Norway, Finland, Poland, the UK, the US, and China. The Group is headquartered in Malmo, Sweden. The many divisions offer similar services including prototype and module design, new product introduction and/or the manufacture of a product, module printed circuit board or mechanical features, integrated assignments starting with a development project, low cost manufacturing, and warehousing, logistics, or spare parts maintenance. The Defense and Maritime division manufactures primary components, as well as products for use by the oil industry. The Industry division involves manufacturing components and products for operator terminals, power & range control units, and similar segments. The Information Technology division offers products such as security cameras, broadband routers, videoconferencing systems, and base station antennas for the technology-driven market. The MedTech Division offers products including blood analysis equipment, allergy testing instruments, and printed circuit boards for various types of medical instruments. The CleanTech division includes both components and complete systems, offering products such as recycling and reverse vending machines, heat pump systems, and weather station equipment. Lastly, the Point of Sales division offers expertise on cash handling systems, card readers for payment, and other similar products.

PartnerTech AB (LTS:0GUE) Headlines

No Headlines