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DIBS (1stdibs.com) ROE % : -20.89% (As of Sep. 2024)


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What is 1stdibs.com ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 1stdibs.com's annualized net income for the quarter that ended in Sep. 2024 was $-22.73 Mil. 1stdibs.com's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $108.81 Mil. Therefore, 1stdibs.com's annualized ROE % for the quarter that ended in Sep. 2024 was -20.89%.

The historical rank and industry rank for 1stdibs.com's ROE % or its related term are showing as below:

DIBS' s ROE % Range Over the Past 10 Years
Min: -16.08   Med: -15.42   Max: -13.21
Current: -13.21

During the past 5 years, 1stdibs.com's highest ROE % was -13.21%. The lowest was -16.08%. And the median was -15.42%.

DIBS's ROE % is ranked worse than
83.77% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 5.565 vs DIBS: -13.21

1stdibs.com ROE % Historical Data

The historical data trend for 1stdibs.com'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.

1stdibs.com ROE % Chart

1stdibs.com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- - - -14.76 -16.08

1stdibs.com 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 -9.64 -8.69 -9.96 -14.70 -20.89

Competitive Comparison of 1stdibs.com's ROE %

For the Internet Retail subindustry, 1stdibs.com'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.


1stdibs.com's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 1stdibs.com's ROE % distribution charts can be found below:

* The bar in red indicates where 1stdibs.com's ROE % falls into.



1stdibs.com ROE % Calculation

1stdibs.com'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 )
=-22.699/( (148.022+134.288)/ 2 )
=-22.699/141.155
=-16.08 %

1stdibs.com'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 )
=-22.732/( (110.386+107.234)/ 2 )
=-22.732/108.81
=-20.89 %

* 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.


1stdibs.com  (NAS:DIBS) 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
=-22.732/108.81
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-22.732 / 84.76)*(84.76 / 156.001)*(156.001 / 108.81)
=Net Margin %*Asset Turnover*Equity Multiplier
=-26.82 %*0.5433*1.4337
=ROA %*Equity Multiplier
=-14.57 %*1.4337
=-20.89 %

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
=-22.732/108.81
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-22.732 / -22.716) * (-22.716 / -29.568) * (-29.568 / 84.76) * (84.76 / 156.001) * (156.001 / 108.81)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0007 * 0.7683 * -34.88 % * 0.5433 * 1.4337
=-20.89 %

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.


1stdibs.com ROE % Related Terms

Thank you for viewing the detailed overview of 1stdibs.com's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


1stdibs.com Business Description

Traded in Other Exchanges
N/A
Address
300 Park Avenue South, 10th Floor, New York, NY, USA, 10010
1stdibs.com Inc is an online marketplace for connecting design lovers with the sellers and makers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. The company's single reportable and operating segment contains two reporting units; 1stDibs, which consists of the company's online marketplace that enables commerce between sellers and buyers; and Design Manager, which is the company's separate online platform that is used to sell a software solution to interior designers. It generates revenue primarily from fees from seller marketplace services as well as other services, including advertisements and software services.
Executives
Matthew Rubinger officer: Chief Commercial Officer 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Thomas J Etergino officer: Chief Financial Officer 6033 SCHUMACHER PARK DRIVE, WEST CHESTER OH 45069
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Nancy Hood officer: Chief Marketing Officer C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
David S Rosenblatt director, officer: Chief Executive Officer C/O DOUBLECLICK INC.,, 111 EIGHTH AVENUE, NEW YORK NY 10011
Alison K. Lipman officer: Chief People Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Melanie F Goins officer: General Counsel and Secretary 136 HYDE STREET, NEWTON HIGHLANDS MA 02461
Carol Lattouf officer: SVP Operations 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Ross A. Paul officer: Chief Technology Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Ryan Beauchamp officer: Chief Product Officer 51 ASTOR PLACE, 3RD FL, NEW YORK NY 10003
Xiaodi T. Zhang officer: Chief Product Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Sarah Liebel officer: Chief Revenue Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Tu Nguyen officer: Chief Financial Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Andrew George Robb director 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Lori A Hickok director