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JFrog (FROG) ROE % : -5.07% (As of Mar. 2024)


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What is JFrog ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JFrog's annualized net income for the quarter that ended in Mar. 2024 was $-35.2 Mil. JFrog's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $693.5 Mil. Therefore, JFrog's annualized ROE % for the quarter that ended in Mar. 2024 was -5.07%.

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

FROG' s ROE % Range Over the Past 10 Years
Min: -14.28   Med: -10.09   Max: -3.61
Current: -7.45

During the past 6 years, JFrog's highest ROE % was -3.61%. The lowest was -14.28%. And the median was -10.09%.

FROG's ROE % is ranked worse than
66.79% of 2638 companies
in the Software industry
Industry Median: 3.225 vs FROG: -7.45

JFrog ROE % Historical Data

The historical data trend for JFrog'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.

JFrog ROE % Chart

JFrog Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial - -3.61 -10.77 -14.28 -9.40

JFrog Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -13.28 -9.78 -8.53 -6.75 -5.07

Competitive Comparison of JFrog's ROE %

For the Software - Application subindustry, JFrog'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.


JFrog's ROE % Distribution in the Software Industry

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

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



JFrog ROE % Calculation

JFrog's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-61.256/( (624.773+679.123)/ 2 )
=-61.256/651.948
=-9.40 %

JFrog's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-35.16/( (679.123+707.802)/ 2 )
=-35.16/693.4625
=-5.07 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


JFrog  (NAS:FROG) 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. 2024 )
=Net Income/Total Stockholders Equity
=-35.16/693.4625
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-35.16 / 401.244)*(401.244 / 984.818)*(984.818 / 693.4625)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.76 %*0.4074*1.4201
=ROA %*Equity Multiplier
=-3.57 %*1.4201
=-5.07 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-35.16/693.4625
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-35.16 / -38.196) * (-38.196 / -66.408) * (-66.408 / 401.244) * (401.244 / 984.818) * (984.818 / 693.4625)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9205 * 0.5752 * -16.55 % * 0.4074 * 1.4201
=-5.07 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


JFrog ROE % Related Terms

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


JFrog (FROG) Business Description

Traded in Other Exchanges
N/A
Address
270 E. Caribbean Drive, Sunnyvale, CA, USA, 94089
JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform that powers and controls the software supply chain, enabling organizations to continuously and securely deliver software updates across any system. Geographically, it derives a majority of revenue from Israel. Its product portfolio includes JFrog Artifactory; JFrog Pipelines; JFrog Xray; JFrog Distribution; JFrog Artifactory Edge; JFrog Mission Control and JFrog Insight.
Executives
Frederic Simon director C/O JFROG LTD, 270 E. CARIBBEAN DRIVE, SUNNYVALE CA 94089
Ben Haim Shlomi director, officer: Chief Executive Officer C/O JFROG LTD, 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Yoav Landman director, officer: Chief Technology Officer C/O JFROG LTD, 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Tali Notman officer: Chief Revenue Officer C/O JFROG LTD, 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Yakov (jacob) Shulman officer: Chief Financial Officer C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Yossi Sela director, 10 percent owner GEMINI ISRAEL FUNDS, 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Jeff Horing director INSIGHT PARTNERS, 680 5TH AVENUE 8TH FLOOR, NEW YORK NY 10019
Yvonne Wassenaar director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Meerah Rajavel director C/O JFROG LTD., 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Andrew L. Vitus director, 10 percent owner C/O SCALE VENTURE PARTNERS, 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404
Gemini Israel V Limited Partnership 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000
Scale Venture Partners Iv, L.p. 10 percent owner 950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
Stacey Bishop 10 percent owner 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404
Gemini Partners Investors V L.p. 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000