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Computer Programs and Systems ROE %

: 5.02% (As of Sep. 2021)
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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. Computer Programs and Systems's annualized net income attributable to common stockholders for the quarter that ended in Sep. 2021 was $10.7 Mil. Computer Programs and Systems's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was $213.8 Mil. Therefore, Computer Programs and Systems's annualized ROE % for the quarter that ended in Sep. 2021 was 5.02%.

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

NAS:CPSI' s ROE % Range Over the Past 10 Years
Min: -11.63   Med: 17.27   Max: 51.84
Current: 7.67

-11.63
51.84

During the past 13 years, Computer Programs and Systems's highest ROE % was 51.84%. The lowest was -11.63%. And the median was 17.27%.

NAS:CPSI's ROE % is ranked higher than
55% of the 593 Companies
in the Healthcare Providers & Services industry.

( Industry Median: 6.30 vs. NAS:CPSI: 7.67 )

Computer Programs and Systems ROE % Historical Data

The historical data trend for Computer Programs and 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.

Computer Programs and Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.34 -11.63 11.52 11.45 7.19

Computer Programs and Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 10.57 6.12 8.00 11.57 5.02

Competitive Comparison

For the Health Information Services subindustry, Computer Programs and 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.

   

Computer Programs and Systems ROE % Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Computer Programs and Systems's ROE % distribution charts can be found below:

* The bar in red indicates where Computer Programs and Systems's ROE % falls into.



Computer Programs and Systems ROE % Calculation

Computer Programs and Systems's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=13.817/( (184.347+200)/ 2 )
=13.817/192.1735
=7.19 %

Computer Programs and Systems's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=10.74/( (211.542+215.986)/ 2 )
=10.74/213.764
=5.02 %

* 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 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 (Sep. 2021) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Computer Programs and Systems  (NAS:CPSI) 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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=10.976/213.764
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.976 / 280.364)*(280.364 / 390.2705)*(390.2705 / 213.764)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.91 %*0.7184*1.8257
=ROA %*Equity Multiplier
=2.81 %*1.8257
=5.13 %

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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=10.976/213.764
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (10.976 / 15.316) * (15.316 / 18.124) * (18.124 / 280.364) * (280.364 / 390.2705) * (390.2705 / 213.764)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7166 * 0.8451 * 6.46 % * 0.7184 * 1.8257
=5.13 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Sep. 2021) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Computer Programs and Systems ROE % Related Terms

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


Computer Programs and Systems Business Description

Computer Programs and Systems logo
Industry
Traded in Other Exchanges
Address
6600 Wall Street, Mobile, AL, USA, 36695
Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.
Executives
Strong Jeffrey A. director 157 COLUMBUS AVE SUITE 403 NEW YORK CITY NY 10023
Douglas John B Jr director, officer: President and CEO 333 DALEWOOD DR. MOBILE AL 36608
Schneider Victor S officer: Executive Vice President 5 DEMOUY AVE. MOBILE AL 36606
Fowler Christopher L officer: COO and President (TruBridge) 6600 WALL STREET MOBILE AL 36695
Britain James B officer: VP - Finance and Controller 6600 WALL STREET MOBILE AL 36695
Hinckle Robert D officer: Senior VP - Client Services COMPUTER PROGRAMS AND SYSTEMS, INC. 6600 WALL STREET MOBILE AL 36695
Rosser Troy D officer: Senior Vice President - Sales COMPUTER PROGRAMS & SYSTEMS, INC. 6600 WALL STREET MOBILE AL 36695
Chambless Matt J officer: CFO, Secretary & Treasurer 6600 WALL STREET MOBILE AL 36695
Mulherin William A Iii director 228 S. MCGREGOR AVE MOBILE AL 36608
Tobin Glenn director CERNER CORP 2800 ROCKCREEK PARKWAY KANSAS CITY MO 64117
Warren Denise Wilder director 6600 WALL STREET MOBILE AL 36695
Benjamin Regina M. director 51 SAWYER ROAD, SUITE 200 WALTHAM MA 02453
Huffman Charles P director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HUFFMAN CHARLES P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Hjelm Christopher T director C/O THE KROGER CO. 1014 VINE ST. CINCINNATI OH 45202
Outlaw Arthur Robert Jr director 6600 WALL STREET MOBILE AL 36695

Computer Programs and Systems Headlines

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