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OnMobile Global (BOM:532944) ROE % : -7.49% (As of Sep. 2024)


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What is OnMobile Global ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. OnMobile Global's annualized net income for the quarter that ended in Sep. 2024 was ₹-474 Mil. OnMobile Global's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹6,325 Mil. Therefore, OnMobile Global's annualized ROE % for the quarter that ended in Sep. 2024 was -7.49%.

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

BOM:532944' s ROE % Range Over the Past 10 Years
Min: -4.68   Med: 2.36   Max: 7.56
Current: -4.68

During the past 13 years, OnMobile Global's highest ROE % was 7.56%. The lowest was -4.68%. And the median was 2.36%.

BOM:532944's ROE % is ranked worse than
76.97% of 356 companies
in the Telecommunication Services industry
Industry Median: 7.09 vs BOM:532944: -4.68

OnMobile Global ROE % Historical Data

The historical data trend for OnMobile Global'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.

OnMobile Global ROE % Chart

OnMobile Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 7.56 5.08 1.03 2.34

OnMobile Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.18 -1.54 -0.36 -9.42 -7.49

Competitive Comparison of OnMobile Global's ROE %

For the Telecom Services subindustry, OnMobile Global'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.


OnMobile Global's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, OnMobile Global's ROE % distribution charts can be found below:

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



OnMobile Global ROE % Calculation

OnMobile Global's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=152.37/( (6546.13+6496.67)/ 2 )
=152.37/6521.4
=2.34 %

OnMobile Global's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-473.68/( (0+6325.41)/ 1 )
=-473.68/6325.41
=-7.49 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


OnMobile Global  (BOM:532944) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-473.68/6325.41
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-473.68 / 5172.04)*(5172.04 / 8832.17)*(8832.17 / 6325.41)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.16 %*0.5856*1.3963
=ROA %*Equity Multiplier
=-5.36 %*1.3963
=-7.49 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-473.68/6325.41
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-473.68 / -433.96) * (-433.96 / -299.36) * (-299.36 / 5172.04) * (5172.04 / 8832.17) * (8832.17 / 6325.41)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0915 * 1.4496 * -5.79 % * 0.5856 * 1.3963
=-7.49 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


OnMobile Global ROE % Related Terms

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


OnMobile Global Business Description

Traded in Other Exchanges
Address
Veerasandra Village, Attibele Hobli, Tower No. 1, 94/1C and 94/2, Anekal Taluk, Electronic City Phase 1, Bangalore, KA, IND, 560 100
OnMobile Global Ltd is an Indian company that provides mobile technology and services. The company's products include Ringback Tones, Digital Content Store, and Infotainment. Digital Content Store offers to discover digital content like videos, games, music, and images. Infotainment offers music, contest, news, and sports to consumers over the mobile. The geographic operational locations of the company are India, Latin America and United States of America, Europe, Africa, and Rest of the World. The company derives maximum revenue from telecom value-added services from Europe.

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