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Duck Creek Technologies ROE %

: -3.14% (As of May. 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. Duck Creek Technologies's annualized net income attributable to common stockholders for the quarter that ended in May. 2022 was $-23.1 Mil. Duck Creek Technologies's average Total Stockholders Equity over the quarter that ended in May. 2022 was $734.7 Mil. Therefore, Duck Creek Technologies's annualized ROE % for the quarter that ended in May. 2022 was -3.14%.

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

DCT' s ROE % Range Over the Past 10 Years
Min: -5.33   Med: -3.29   Max: -1.57
Current: -1.57

During the past 5 years, Duck Creek Technologies's highest ROE % was -1.57%. The lowest was -5.33%. And the median was -3.29%.

DCT's ROE % is ranked worse than
58.93% of 2576 companies
in the Software industry
Industry Median: 3.07 vs DCT: -1.57

Duck Creek Technologies ROE % Historical Data

The historical data trend for Duck Creek Technologies'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.

Duck Creek Technologies Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21
ROE %
- -1.94 -4.27 -5.33 -2.31

Duck Creek Technologies Quarterly Data
Aug17 Aug18 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.19 -3.03 0.38 -0.48 -3.14

Competitive Comparison

For the Software - Application subindustry, Duck Creek Technologies'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.

   

Duck Creek Technologies ROE % Distribution

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

* The bar in red indicates where Duck Creek Technologies's ROE % falls into.



Duck Creek Technologies ROE % Calculation

Duck Creek Technologies's annualized ROE % for the fiscal year that ended in Aug. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Aug. 2021 )/( (Total Stockholders Equity (A: Aug. 2020 )+Total Stockholders Equity (A: Aug. 2021 ))/ count )
=-16.931/( (733.757+730.738)/ 2 )
=-16.931/732.2475
=-2.31 %

Duck Creek Technologies's annualized ROE % for the quarter that ended in May. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: May. 2022 )/( (Total Stockholders Equity (Q: Feb. 2022 )+Total Stockholders Equity (Q: May. 2022 ))/ count )
=-23.056/( (736.244+733.109)/ 2 )
=-23.056/734.6765
=-3.14 %

* 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 (May. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Duck Creek Technologies  (NAS:DCT) 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: May. 2022 )
=Net Income/Total Stockholders Equity
=-23.056/734.6765
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.056 / 289.456)*(289.456 / 817.3355)*(817.3355 / 734.6765)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.97 %*0.3541*1.1125
=ROA %*Equity Multiplier
=-2.82 %*1.1125
=-3.14 %

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: May. 2022 )
=Net Income/Total Stockholders Equity
=-23.056/734.6765
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (-23.056 / -21.428) * (-21.428 / -18.908) * (-18.908 / 289.456) * (289.456 / 817.3355) * (817.3355 / 734.6765)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.076 * 1.1333 * -6.53 % * 0.3541 * 1.1125
=-3.14 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (May. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (May. 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.


Duck Creek Technologies ROE % Related Terms

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


Duck Creek Technologies Business Description

Duck Creek Technologies logo
Traded in Other Exchanges
N/A
Address
22 Boston Wharf Road, Floor 10, Boston, MA, USA, 02210
Duck Creek Technologies Inc is a technology company. The company is one of the leading SaaS provider of core systems for the P&C insurance industry. The product portfolio includes distribution management, reinsurance management, digital management, and other services. Geographically, it derives a majority of revenue from the United States.
Executives
Keeney Jessica Kate officer: Chief Product Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD BOSTON MA 02210
Rhodes Kevin R officer: Chief Financial Officer 20 HARVARD MILLS SQUARE WAKEFIELD MA 01880
Bloom William A director ONE TOWER SQUARE HARTFORD CT 06183
Winter Jeffrey Howard officer: Chief Marketing Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Vaidyanathan Nageswaran officer: Chief Technology Officer C/O DUCK CREEK TECHNOLOGIES INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Townsend Courtney officer: Chief People Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD BOSTON MA 02210
Dodd Julie director C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Foster Matthew R. officer: Chief Operating Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Disco (guernsey) Gp Co. Ltd director BOX 656, EAST WING, TRAFALGAR COURT LES BANQUES, ST PETER PORT Y7 GY1 3PP
Nicoll Stuart director C/O ACCENTURE, 161 N. CLARK STREET CHICAGO IL 60601
Fitzgerald Scott officer: Chief Marketing Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Dey Anirban officer: Chief Product & Technology Ofc C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Jackowski Michael A. director, officer: Chief Executive Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Van Biert Eugene Jr. officer: Chief Revenue Officer C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210
Wilson George Larry director C/O DUCK CREEK TECHNOLOGIES, INC. 22 BOSTON WHARF ROAD, FLOOR 10 BOSTON MA 02210

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