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Genasys (Genasys) ROE %

: -72.34% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Genasys's annualized net income for the quarter that ended in Dec. 2023 was $-26.90 Mil. Genasys's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $37.18 Mil. Therefore, Genasys's annualized ROE % for the quarter that ended in Dec. 2023 was -72.34%.

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

GNSS' s ROE % Range Over the Past 10 Years
Min: -51.37   Med: -0.65   Max: 29.07
Current: -51.37

During the past 13 years, Genasys's highest ROE % was 29.07%. The lowest was -51.37%. And the median was -0.65%.

GNSS's ROE % is ranked worse than
94.27% of 2410 companies
in the Hardware industry
Industry Median: 4.72 vs GNSS: -51.37

Genasys ROE % Historical Data

The historical data trend for Genasys'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.

Genasys Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.09 28.10 1.22 -27.87 -43.69

Genasys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -28.63 -29.46 -12.88 -104.00 -72.34

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Genasys'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.


Genasys ROE % Distribution

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

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



Genasys ROE % Calculation

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

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=-18.396/( (50.393+33.812)/ 2 )
=-18.396/42.1025
=-43.69 %

Genasys's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-26.896/( (33.812+40.553)/ 2 )
=-26.896/37.1825
=-72.34 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Genasys  (NAS:GNSS) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-26.896/37.1825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26.896 / 17.444)*(17.444 / 53.2715)*(53.2715 / 37.1825)
=Net Margin %*Asset Turnover*Equity Multiplier
=-154.18 %*0.3275*1.4327
=ROA %*Equity Multiplier
=-50.49 %*1.4327
=-72.34 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-26.896/37.1825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-26.896 / -28.612) * (-28.612 / -28.92) * (-28.92 / 17.444) * (17.444 / 53.2715) * (53.2715 / 37.1825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.94 * 0.9893 * -165.79 % * 0.3275 * 1.4327
=-72.34 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Genasys ROE % Related Terms

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


Genasys (Genasys) Business Description

Traded in Other Exchanges
N/A
Address
16262 West Bernardo Drive, San Diego, CA, USA, 92127
Genasys Inc is a provider of critical communications solutions designed to help keep people safe. The company is engaged in the design, development, and commercialization of directed and multidirectional sound technologies, voice broadcast products and location-based mass messaging solutions for emergency warning and workforce management. Its operating segment includes Hardware and Software. The company generates maximum revenue from the Hardware segment. Geographically, it derives a majority of revenue from the Americas region and also has its presence in the Asia Pacific and Europe, Middle East and Africa.
Executives
Scott L Anchin director 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Osgood Richard Hoe Iii director 20 HUNTER RANCH ROAD, NAPA CA 94558
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Laura Clague director 370 PARK RANCH PLACE, ESCONDIDO CA 92025
Richard Danforth officer: CEO 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Caltha Seymour director C/O GENASYS INC., 16262 WEST BERNARDO DRIVE, SAN DIEGO CA 92127
Susan Lee Schmeiser director C/O GENASYS INC., 16262 WEST BERNARDO DRIVE, SAN DIEGO CA 92127
John G Coburn director 10505 GUNSTON ROAD, HORTON VA 22079
Daniel H Mccollum director 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Dennis D Klahn officer: CFO/Secretary 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Thomas R Brown director 15378 AVENUE OF SCIENCE SUITE 100, SAN DIEGO CA 92128
Dennis James Wend director 1315 SOUTH WATER STREET, MARINE CITY MI 48039
Katherine H Mcdermott officer: Chief Accounting Officer 5660 EASTGATE DRIVE, SAN DIEGO CA 92121
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Vandeweghe George William Jr director 3733 WARNER STREET, SAN DIEGO CA 92106