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eMagin ROE %

: -2.96% (As of Mar. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. eMagin's annualized net income attributable to common stockholders for the quarter that ended in Mar. 2022 was $-0.55 Mil. eMagin's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was $18.49 Mil. Therefore, eMagin's annualized ROE % for the quarter that ended in Mar. 2022 was -2.96%.

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

EMAN' s ROE % Range Over the Past 10 Years
Min: -67.45   Med: -33.45   Max: 10.64
Current: 10.64

During the past 13 years, eMagin's highest ROE % was 10.64%. The lowest was -67.45%. And the median was -33.45%.

EMAN's ROE % is ranked better than
61.96% of 2316 companies
in the Hardware industry
Industry Median: 7.35 vs EMAN: 10.64

eMagin ROE % Historical Data

The historical data trend for eMagin'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.

eMagin Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -41.02 -53.82 -24.09 -67.45 -30.19

eMagin Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -193.26 -7.58 26.12 26.15 -2.96

Competitive Comparison

For the Electronic Components subindustry, eMagin'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.

   

eMagin ROE % Distribution

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

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



eMagin ROE % Calculation

eMagin's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=-5.206/( (16.24+18.244)/ 2 )
=-5.206/17.242
=-30.19 %

eMagin's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=-0.548/( (18.244+18.732)/ 2 )
=-0.548/18.488
=-2.96 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Mar. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


eMagin  (AMEX:EMAN) 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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-0.548/18.488
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.548 / 29.432)*(29.432 / 54.82)*(54.82 / 18.488)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.86 %*0.5369*2.9652
=ROA %*Equity Multiplier
=-1 %*2.9652
=-2.96 %

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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-0.548/18.488
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (-0.548 / -0.548) * (-0.548 / -4.66) * (-4.66 / 29.432) * (29.432 / 54.82) * (54.82 / 18.488)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.1176 * -15.83 % * 0.5369 * 2.9652
=-2.96 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Mar. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders 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.


eMagin ROE % Related Terms

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


eMagin Business Description

eMagin logo
Industry
Technology » Hardware NAICS : 334419 SIC : 3679
Traded in Other Exchanges
Address
700 South Drive, Suite 201, Hopewell Junction, NY, USA, 12533
eMagin Corp designs, develop, manufactures, and markets organic light-emitting diode, or OLED miniature displays, OLED-on-silicon microdisplays, virtual imaging products that utilize OLED micro displays, and related products. The company's OLED displays are used in a variety of products, including military aviation helmets, military weapons sights & targeting systems, night vision & thermal imaging devices, training & simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications. Its geographical segments are North & South America; Europe, Middle East, & Africa; and the Asia Pacific.
Executives
Cronson Paul C director C/O LARKSPUR CORP 445 PARK AVE NEW YORK NY 10022
Wittels Jill director 3006 NORTHUP WAY #103 BELLEVUE WA 98004
Richstone Ellen B director C/O SONUS NETWORKS, INC. 7 TECHNOLOGY PARK DRIVE WESTFORD MA 01886
Seay Stephen director 10500 N.E. 8TH STREET, SUITE 1400 BELLEVUE WA 98004
Sculley Andrew George Jr officer: President/CEO 260 BRIAR DRIVE MARTINEZ CA 94553
Braddom Eric director C/O EMAGIN CORPORATION 2070 ROUTE 52 BLDG 334 HOPEWELL JUNCTION NY 12533
Koch Mark A officer: CFO C/O DEL GLOBAL TECHNOLOGIES CORP. ONE COMMERCE PARK VALHALLA NY 10595
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE SUITE 2600 NEW YORK NY 10022
Brody Christopher Scott director STILLWATER LLC 655 MADISON AVE NEW YORK NY 10065
Costello Stephen officer: S V P Strategic Partnerships C/O EMAGIN CORPORATION 2070 ROUTE 52 BUILDING 334 HOPEWELL JUNCTION NY 12533
Polgar Leslie G director 3006 NORTHUP WAY SUITE 103 BELLEVUE WA 98004
Saltarelli Joseph other: Sr. VP of Manufacturing C/O EMAGIN CORPORATION 2070 ROUTE 52 BLDG 334 HOPEWELL JUNCTION NY 12533
Lucas Jeffrey P officer: Chief Financial Officer C/O EMAGIN CORP. 2070 ROUTE 52 HOPEWELL JUNCTION NY 12533
Ghosh Amalkumar officer: Sr. VP, R&D 2070 ROUTE 52 HOPEWELL JUNCTION NY 12533
Olivier Prache officer: Sr. VP Product Development 213 MANVILLE ROAD PLEASANTVILLE NY 10570

eMagin Headlines

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By Zacks 2020-06-15

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