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The Meet Group (The Meet Group) ROE % : 20.20% (As of Jun. 2020)


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What is The Meet Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Meet Group's annualized net income for the quarter that ended in Jun. 2020 was $41.5 Mil. The Meet Group's average Total Stockholders Equity over the quarter that ended in Jun. 2020 was $205.6 Mil. Therefore, The Meet Group's annualized ROE % for the quarter that ended in Jun. 2020 was 20.20%.

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

MEET' s ROE % Range Over the Past 10 Years
Min: -255.89   Med: -8.13   Max: 31.08
Current: 7.81

During the past 13 years, The Meet Group's highest ROE % was 31.08%. The lowest was -255.89%. And the median was -8.13%.

MEET's ROE % is not ranked
in the Interactive Media industry.
Industry Median: 0.01 vs MEET: 7.81

The Meet Group ROE % Historical Data

The historical data trend for The Meet Group'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.

The Meet Group ROE % Chart

The Meet Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 31.08 -33.94 0.60 5.75

The Meet Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 4.33 5.90 9.86 -4.87 20.20

Competitive Comparison of The Meet Group's ROE %

For the Internet Content & Information subindustry, The Meet Group'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.


The Meet Group's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Meet Group's ROE % distribution charts can be found below:

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



The Meet Group ROE % Calculation

The Meet Group's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=11.334/( (197.221+197.24)/ 2 )
=11.334/197.2305
=5.75 %

The Meet Group's annualized ROE % for the quarter that ended in Jun. 2020 is calculated as

ROE %=Net Income (Q: Jun. 2020 )/( (Total Stockholders Equity (Q: Mar. 2020 )+Total Stockholders Equity (Q: Jun. 2020 ))/ count )
=41.516/( (198.089+213.041)/ 2 )
=41.516/205.565
=20.20 %

* 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. 2020) net income data. ROE % is displayed in the 30-year financial page.


The Meet Group  (NAS:MEET) 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. 2020 )
=Net Income/Total Stockholders Equity
=41.516/205.565
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(41.516 / 361.328)*(361.328 / 282.1905)*(282.1905 / 205.565)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.49 %*1.2804*1.3728
=ROA %*Equity Multiplier
=14.71 %*1.3728
=20.20 %

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. 2020 )
=Net Income/Total Stockholders Equity
=41.516/205.565
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (41.516 / 53.54) * (53.54 / 61.056) * (61.056 / 361.328) * (361.328 / 282.1905) * (282.1905 / 205.565)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7754 * 0.8769 * 16.9 % * 1.2804 * 1.3728
=20.20 %

Note: The net income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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.


The Meet Group ROE % Related Terms

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


The Meet Group (The Meet Group) Business Description

Traded in Other Exchanges
N/A
Address
100 Union Square Drive, New Hope, PA, USA, 18938
The Meet Group Inc is a leading provider of interactive livestreaming solutions designed to meet the universal need for human connection. The company's ecosystem of livestreaming apps enables users to interact through one-to-many livestreaming broadcasts and text-based conversations. The apps, MeetMe, LOVOO, Skout, Tagged and Growlr deliver live interactions and meaningful connections to millions of users daily.
Executives
James E. Bugden officer: Chief Financial Officer C/O INSIDER GUIDES, INC. 280 UNION SQUARE DRIVE NEW HOPE PA 18938
Geoffrey Cook director, officer: Chief Executive Officer 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Jason Whitt director C/O VANTAGEPOINT VENTURE PARTNERS 1001 BAYHILL DRIVE, SUITE 300 SAN BRUNO CA 94066
Jean B Clifton director 220 WEST 42ND STREET NEW YORK NY 10036
Frederic Beckley officer: General Counsel 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Bedi Ajay Singh director 6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Spencer Garrett Rhodes director 2920 BUCHANAN STREET #4 SAN FRANCISCO CA 94123
Keith Richman director C/O GRUBHUB INC. 111 W. WASHINGTON STREET, SUITE 2100 CHICAGO IL 60602
Christopher Fralic director 4040 LOCUST STREET, PHILADELPHIA PA 19104
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lugard Road Capital Gp, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036