GURUFOCUS.COM » STOCK LIST » Technology » Software » Substrate Artificial Inteligence SA (AQSE:SAI.B) » Definitions » ROE %

Substrate Artificial Inteligence (AQSE:SAI.B) ROE % : -121.11% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Substrate Artificial Inteligence ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Substrate Artificial Inteligence's annualized net income for the quarter that ended in Dec. 2023 was £-21.03 Mil. Substrate Artificial Inteligence's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was £17.37 Mil. Therefore, Substrate Artificial Inteligence's annualized ROE % for the quarter that ended in Dec. 2023 was -121.11%.

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

AQSE:SAI.B' s ROE % Range Over the Past 10 Years
Min: -67.6   Med: -42.52   Max: -0.08
Current: -44.75

During the past 3 years, Substrate Artificial Inteligence's highest ROE % was -0.08%. The lowest was -67.60%. And the median was -42.52%.

AQSE:SAI.B's ROE % is ranked worse than
84.57% of 2637 companies
in the Software industry
Industry Median: 3.42 vs AQSE:SAI.B: -44.75

Substrate Artificial Inteligence ROE % Historical Data

The historical data trend for Substrate Artificial Inteligence'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.

Substrate Artificial Inteligence ROE % Chart

Substrate Artificial Inteligence Annual Data
Trend Dec21 Dec22 Dec23
ROE %
-0.08 -68.54 -42.34

Substrate Artificial Inteligence Quarterly Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial 3.52 -265.90 -10.28 -58.66 -121.11

Competitive Comparison of Substrate Artificial Inteligence's ROE %

For the Software - Infrastructure subindustry, Substrate Artificial Inteligence'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.


Substrate Artificial Inteligence's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Substrate Artificial Inteligence's ROE % distribution charts can be found below:

* The bar in red indicates where Substrate Artificial Inteligence's ROE % falls into.



Substrate Artificial Inteligence ROE % Calculation

Substrate Artificial Inteligence's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-7.523/( (15.787+19.75)/ 2 )
=-7.523/17.7685
=-42.34 %

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

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-21.032/( (14.981+19.75)/ 2 )
=-21.032/17.3655
=-121.11 %

* 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.


Substrate Artificial Inteligence  (AQSE:SAI.B) 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
=-21.032/17.3655
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-21.032 / 23.472)*(23.472 / 28.659)*(28.659 / 17.3655)
=Net Margin %*Asset Turnover*Equity Multiplier
=-89.6 %*0.819*1.6503
=ROA %*Equity Multiplier
=-73.38 %*1.6503
=-121.11 %

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
=-21.032/17.3655
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-21.032 / -19.792) * (-19.792 / -9.992) * (-9.992 / 23.472) * (23.472 / 28.659) * (28.659 / 17.3655)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0627 * 1.9808 * -42.57 % * 0.819 * 1.6503
=-121.11 %

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.


Substrate Artificial Inteligence ROE % Related Terms

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


Substrate Artificial Inteligence (AQSE:SAI.B) Business Description

Traded in Other Exchanges
Address
C/ Maria de Molina, 41, Office 506, Madrid, ESP, 28006
Substrate Artificial Inteligence SA is an Artificial Intelligence company in Spain. Its software is applied in agritech, energy, industry, fintech, human resources, or health sectors. Its technology is easy to implement and allows it to address all the problems faced by companies in the digitization and streamlining of their processes, optimizing decision-making and generating great cost savings.

Substrate Artificial Inteligence (AQSE:SAI.B) Headlines

No Headlines