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Planar Systems (Planar Systems) ROE % : -2.40% (As of Jun. 2015)


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What is Planar Systems ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Planar Systems's annualized net income for the quarter that ended in Jun. 2015 was $-1.2 Mil. Planar Systems's average Total Stockholders Equity over the quarter that ended in Jun. 2015 was $48.9 Mil. Therefore, Planar Systems's annualized ROE % for the quarter that ended in Jun. 2015 was -2.40%.

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

PLNR's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.54
* Ranked among companies with meaningful ROE % only.

Planar Systems ROE % Historical Data

The historical data trend for Planar Systems'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.

Planar Systems ROE % Chart

Planar Systems 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 -7.46 -7.35 -29.64 -14.81 8.66

Planar Systems 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 6.44 19.79 26.02 13.20 -2.40

Competitive Comparison of Planar Systems's ROE %

For the Electronic Components subindustry, Planar Systems'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.


Planar Systems's ROE % Distribution in the Hardware Industry

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

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



Planar Systems ROE % Calculation

Planar Systems'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 )
=3.8/( (41.767+46.034)/ 2 )
=3.8/43.9005
=8.66 %

Planar Systems'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 )
=-1.172/( (48.779+49.087)/ 2 )
=-1.172/48.933
=-2.40 %

* 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.


Planar Systems  (NAS:PLNR) 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
=-1.172/48.933
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.172 / 169.936)*(169.936 / 83.969)*(83.969 / 48.933)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.69 %*2.0238*1.716
=ROA %*Equity Multiplier
=-1.4 %*1.716
=-2.40 %

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
=-1.172/48.933
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.172 / -0.656) * (-0.656 / -0.464) * (-0.464 / 169.936) * (169.936 / 83.969) * (83.969 / 48.933)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.7866 * 1.4138 * -0.27 % * 2.0238 * 1.716
=-2.40 %

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.


Planar Systems ROE % Related Terms

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


Planar Systems (Planar Systems) Business Description

Traded in Other Exchanges
N/A
Address
Planar Systems Inc was incorporated on April 27, 1983. The Company is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a variety of flat panel and front- and rear-projection technologies. The Company capitalizes on its strong supply chain, logistics, and distribution relationships to sell a variety of mainly LCD based displays to the United States marketplace. The Company offers High-End Home Display which offers various high-performance home theater front-projection systems, video processing equipment, large-format thin displays, and accessories, that aims at the high-end home market and certain commercial installations The Company employs sales professionals in many countries around the world and sells both directly to end users and through reseller channels.The Company's direct competitors are numerous and diverse. In display systems including AMLCD components sourced from manufacturers, Planar's value-added specialty display products compete against those of NEC, Acer, Viewsonic, Dell and others in the IT market. The Company's operations are subject to environmental and various other regulations in each of the jurisdictions in which it conducts business.
Executives
Richard Hill director
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Greg Turnbull director 123 SAGLNAW DRIVE, REDWOOD CITY CA 94063
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Esther Kay Stepp director
Steven J Buhaly officer: COO/CFO 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Jeffrey T Siegal officer: Corporate Controller 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Balaji Krishnamurthy other: Chairman, President & CEO 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006

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