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Sykes Enterprises (Sykes Enterprises) ROE % : 9.96% (As of Jun. 2021)


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What is Sykes Enterprises ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sykes Enterprises's annualized net income for the quarter that ended in Jun. 2021 was $93 Mil. Sykes Enterprises's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $931 Mil. Therefore, Sykes Enterprises's annualized ROE % for the quarter that ended in Jun. 2021 was 9.96%.

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

SYKE's ROE % is not ranked *
in the Software industry.
Industry Median: 3.145
* Ranked among companies with meaningful ROE % only.

Sykes Enterprises ROE % Historical Data

The historical data trend for Sykes Enterprises'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.

Sykes Enterprises ROE % Chart

Sykes Enterprises Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.89 4.24 6.03 7.53 6.38

Sykes Enterprises Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 10.42 -2.37 11.62 11.04 9.96

Competitive Comparison of Sykes Enterprises's ROE %

For the Information Technology Services subindustry, Sykes Enterprises'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.


Sykes Enterprises's ROE % Distribution in the Software Industry

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

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



Sykes Enterprises ROE % Calculation

Sykes Enterprises's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=56.432/( (874.475+893.654)/ 2 )
=56.432/884.0645
=6.38 %

Sykes Enterprises's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=92.72/( (916.463+944.643)/ 2 )
=92.72/930.553
=9.96 %

* 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 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 (Jun. 2021) net income data. ROE % is displayed in the 30-year financial page.


Sykes Enterprises  (NAS:SYKE) 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: Jun. 2021 )
=Net Income/Total Stockholders Equity
=92.72/930.553
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(92.72 / 1795.54)*(1795.54 / 1413.924)*(1413.924 / 930.553)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.16 %*1.2699*1.5194
=ROA %*Equity Multiplier
=6.55 %*1.5194
=9.96 %

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: Jun. 2021 )
=Net Income/Total Stockholders Equity
=92.72/930.553
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (92.72 / 118.136) * (118.136 / 120.428) * (120.428 / 1795.54) * (1795.54 / 1413.924) * (1413.924 / 930.553)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7849 * 0.981 * 6.71 % * 1.2699 * 1.5194
=9.96 %

Note: The net income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


Sykes Enterprises ROE % Related Terms

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


Sykes Enterprises (Sykes Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
400 North Ashley Drive, Suite 2800, Tampa, FL, USA, 33602
Sykes Enterprises Inc or Sykes is a provider of multichannel demand generation and global customer engagement services. Their end customers are in communications, financial services, technology, transportation and leisure, healthcare, retail and other industries. Sykes serves its clients through two geographic operating regions which are the Americas & EMEA. In Europe, it also provides fulfillment services, which includes order processing, payment processing, inventory control, product delivery and product returns handling.
Executives
John Chapman officer: EVP & CFO 400 N ASHLEY DRIVE TAMPA FL 33602
James T Holder officer: Executive VP & Secretary 3916 STATE STREET SUITE 300 SANTA BARBARA CA 93105
Lawrence Zingale officer: Executive Vice President 400 N. ASHLEY DRIVE, 2800, TAMPA FL 33602
William J Meurer director
David Pearson officer: Executive Vice President 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Charles E Sykes officer: CEO & President 400 N ASHLEY DRIVE TAMPA FL 33602
W. Mark Watson director 324 S. HYDE PARK AVENUE, STE 350, TAMPA FL 33606
Mark C Bozak director
James S Macleod director 250 E KILBOURN AVE, MILWAUKEE WI 53202
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Lorraine L Lutton director 400 N. ASHLEY DRIVE, SUITE 2800 TAMPA FL 33602
Muir William D Jr director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
William Rocktoff officer: VP & Corporate Controller 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Jenna Nelson officer: Executive Vice President 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602

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