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Enterprise Diversified (Enterprise Diversified) ROE % : -17.52% (As of Mar. 2022)


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What is Enterprise Diversified ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Enterprise Diversified's annualized net income for the quarter that ended in Mar. 2022 was $-2.93 Mil. Enterprise Diversified's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was $16.74 Mil. Therefore, Enterprise Diversified's annualized ROE % for the quarter that ended in Mar. 2022 was -17.52%.

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

SYTE's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 4.06
* Ranked among companies with meaningful ROE % only.

Enterprise Diversified ROE % Historical Data

The historical data trend for Enterprise Diversified'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.

Enterprise Diversified ROE % Chart

Enterprise Diversified Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.10 -24.15 -40.52 26.58 18.12

Enterprise Diversified Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 52.24 49.65 -0.50 -28.98 -17.52

Competitive Comparison of Enterprise Diversified's ROE %

For the Asset Management subindustry, Enterprise Diversified'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.


Enterprise Diversified's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Enterprise Diversified's ROE % distribution charts can be found below:

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



Enterprise Diversified ROE % Calculation

Enterprise Diversified's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=2.822/( (14.043+17.106)/ 2 )
=2.822/15.5745
=18.12 %

Enterprise Diversified's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=-2.932/( (17.106+16.373)/ 2 )
=-2.932/16.7395
=-17.52 %

* 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. 2022) net income data. ROE % is displayed in the 30-year financial page.


Enterprise Diversified  (OTCPK:SYTE) 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. 2022 )
=Net Income/Total Stockholders Equity
=-2.932/16.7395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.932 / 1.028)*(1.028 / 17.7005)*(17.7005 / 16.7395)
=Net Margin %*Asset Turnover*Equity Multiplier
=-285.21 %*0.0581*1.0574
=ROA %*Equity Multiplier
=-16.57 %*1.0574
=-17.52 %

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. 2022 )
=Net Income/Total Stockholders Equity
=-2.932/16.7395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.932 / -2.932) * (-2.932 / -3.196) * (-3.196 / 1.028) * (1.028 / 17.7005) * (17.7005 / 16.7395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9174 * -310.89 % * 0.0581 * 1.0574
=-17.52 %

Note: The net income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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.


Enterprise Diversified ROE % Related Terms

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


Enterprise Diversified (Enterprise Diversified) Business Description

Traded in Other Exchanges
N/A
Address
1806 Summit Avenue, Suite 300, Richmond, VA, USA, 23230
Enterprise Diversified Inc is a us-based company engaged in various segments which consist of Asset Management Operations, Real Estate Operations, Internet Operations, and Other Operations. The company through its subsidiaries provides Internet access to customers throughout the United States and Canada, invests in and refurbishes, and sells real estate. It drives maximum revenues from the Asset management operations.
Executives
Thomas Ricks Braziel director 32 EAST 64TH STREET, 3NE NEW YORK NY 10065
Steven L Kiel director, 10 percent owner, officer: Executive Chairman 15 EAST 67TH STREET, 6TH FLOOR, NEW YORK NY 10065
Jeffrey Moore director 1904 DEAUVILLE DR LEXINGTON KY 40504
Alea Ann Kleinhammer officer: Chief Financial Officer 1706 CARTER STREET, RICHMOND VA 23220
G Michael Bridge officer: Chief Executive Officer 14400 N 87TH ST, SCOTTSDALE AZ 85260
Christopher Todd Payne director 97 ELMORE ROAD ROCHESTER NY 14618
Jeremy Kenneth Deal director 227 RAINBOW DRIVE LIVINGSTON TX 77399
Gold Jeremy director 22287 MULHOLLAND HIGHWAY, SUITE 180 CALABASAS CA 91302
Keith Douglas Smith director 16 PERRIWINKLE WAY WEBSTER NY 14580
Arquitos Capital Partners, Lp director, officer: Chief Executive Officer 15 E. 67TH STREET NEW YORK NY 10065
Alesia Value Fund Llc other: Managing Member 22287 MULHOLLAND HWY STE 180 CALABASAS CA 91302
Jonathan Dash 10 percent owner 9701 WILSHIRE BLVD. #1110 BEVERLY HILLS CA 90212
Dash Acquisitions Llc 10 percent owner 9701 WILSHIRE BOULEVARD SUITE 1110 BEVERLY HILLS CA 90212
Erhartic Frank R Jr director, 10 percent owner, officer: President, Chief Exec. Officer 7109 TIMBERLAKE RD LYNCHBURG VA 24502
Daniel Allen Judd officer: Chief Financial Officer 7109 TIMBERLAKE ROAD LYNCHBURG VA 24502