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Dassault Systemes SE (Dassault Systemes SE) Return-on-Tangible-Equity : 316.25% (As of Mar. 2024)


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What is Dassault Systemes SE Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Dassault Systemes SE's annualized net income for the quarter that ended in Mar. 2024 was $1,242 Mil. Dassault Systemes SE's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $393 Mil. Therefore, Dassault Systemes SE's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 316.25%.

The historical rank and industry rank for Dassault Systemes SE's Return-on-Tangible-Equity or its related term are showing as below:

DASTF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 43.7   Med: 52.15   Max: 77.67
Current: Negative Tangible Equity

During the past 13 years, Dassault Systemes SE's highest Return-on-Tangible-Equity was 77.67%. The lowest was 43.70%. And the median was 52.15%.

DASTF's Return-on-Tangible-Equity is ranked better than
99.87% of 2382 companies
in the Software industry
Industry Median: 7.695 vs DASTF: Negative Tangible Equity

Dassault Systemes SE Return-on-Tangible-Equity Historical Data

The historical data trend for Dassault Systemes SE's Return-on-Tangible-Equity 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.

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Dassault Systemes SE Return-on-Tangible-Equity Chart

Dassault Systemes SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Dassault Systemes SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 316.25

Competitive Comparison of Dassault Systemes SE's Return-on-Tangible-Equity

For the Software - Application subindustry, Dassault Systemes SE's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Dassault Systemes SE's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Dassault Systemes SE's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dassault Systemes SE's Return-on-Tangible-Equity falls into.



Dassault Systemes SE Return-on-Tangible-Equity Calculation

Dassault Systemes SE's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1146.02/( (-1019.915+203.926 )/ 2 )
=1146.02/-407.9945
=Negative Tangible Equity %

Dassault Systemes SE's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1242.172/( (203.926+581.63)/ 2 )
=1242.172/392.778
=316.25 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Dassault Systemes SE  (OTCPK:DASTF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Dassault Systemes SE Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Dassault Systemes SE's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Dassault Systemes SE (Dassault Systemes SE) Business Description

Address
10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Tesla throughout the production process. The company's top line largely depends on the transportation and mobility, industrial equipment, and aerospace and defense industries.