GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Energy Focus Inc (NAS:EFOI) » Definitions » ROE %

EFOI (Energy Focus) ROE % : -37.57% (As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Energy Focus ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Energy Focus's annualized net income for the quarter that ended in Sep. 2024 was $-1.26 Mil. Energy Focus's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $3.36 Mil. Therefore, Energy Focus's annualized ROE % for the quarter that ended in Sep. 2024 was -37.57%.

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

EFOI' s ROE % Range Over the Past 10 Years
Min: -358.65   Med: -95.03   Max: 31.87
Current: -63.24

During the past 13 years, Energy Focus's highest ROE % was 31.87%. The lowest was -358.65%. And the median was -95.03%.

EFOI's ROE % is ranked worse than
96.46% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.245 vs EFOI: -63.24

Energy Focus ROE % Historical Data

The historical data trend for Energy Focus'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.

Energy Focus ROE % Chart

Energy Focus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -97.99 -144.96 -150.73 -358.65 -333.57

Energy Focus 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 -108.02 -97.83 -53.28 -65.69 -37.57

Competitive Comparison of Energy Focus's ROE %

For the Furnishings, Fixtures & Appliances subindustry, Energy Focus'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.


Energy Focus's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Energy Focus's ROE % distribution charts can be found below:

* The bar in red indicates where Energy Focus's ROE % falls into.



Energy Focus ROE % Calculation

Energy Focus'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 )
=-4.293/( (-0.477+3.051)/ 2 )
=-4.293/1.287
=-333.57 %

Energy Focus'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 )
=-1.264/( (3.522+3.207)/ 2 )
=-1.264/3.3645
=-37.57 %

* 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.


Energy Focus  (NAS:EFOI) 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
=-1.264/3.3645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.264 / 4.784)*(4.784 / 6.757)*(6.757 / 3.3645)
=Net Margin %*Asset Turnover*Equity Multiplier
=-26.42 %*0.708*2.0083
=ROA %*Equity Multiplier
=-18.71 %*2.0083
=-37.57 %

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
=-1.264/3.3645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.264 / -1.264) * (-1.264 / -1.592) * (-1.592 / 4.784) * (4.784 / 6.757) * (6.757 / 3.3645)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.794 * -33.28 % * 0.708 * 2.0083
=-37.57 %

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.


Energy Focus ROE % Related Terms

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


Energy Focus Business Description

Traded in Other Exchanges
Address
32000 Aurora Road, Suite B, Solon, OH, USA, 44139
Energy Focus Inc engages in the design, development, manufacturing, marketing, and sale of energy-efficient lighting systems and controls. It serves the military maritime market and general commercial markets. Its product offerings include Military maritime LED lighting products such as military intelligible, globe lights, berth lights, and military fixtures and Commercial products such as LED fixtures and panels, LED down-lights, LED dock lights, wall-packs, and LED retrofit kits. Geographically, it operates in the United States and other countries. Its products include commercial products and MMM products. It generates a majority of its sales from Military maritime products in the United States.
Executives
Shou-jang Lee director 32000 AURORA RD., SUITE B, SOLON OH 44139
Randy Harrison Gianas officer: VP Operations & Engineering 32000 AURORA RD., SUITE B, SOLON OH 44139
Lesley A. Matt officer: Chief Executive Officer 32000 AURORA RD., SUITE B, SOLON OH 44139
Warren James Raymond Iii officer: SVP, GC & Corp. Secretary TUCKER ELLIS LLP, 925 EUCLID AVE., SUITE 1150, CLEVELAND OH 44115
Wen-jeng Chang director 32000 AURORA RD., SUITE B, SOLON OH 44139
Chiao Chieh Huang director, 10 percent owner 32000 AURORA RD., SUITE B, SOLON OH 44139
Gina Huang director, 10 percent owner C/O ENERGY FOCUS, INC., 32000 AURORA ROAD, SOLON OH 44139
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Clifford R. Griffin officer: SVP, Corp. Controller & CAO 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Jeffery Robert Parker director ENERGY FOCUS, INC., 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Brian J Lagarto director 32000 AURORA RD., SUITE B, SOLON OH 44139
Gregory S Galluccio officer: Sr. VP, Product Mgmt & Engin. 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Philip Politziner director C/O JENSYN ACQUISTION CORP, 800 WEST MAIN STREET, SUITE 204, FREEHOLD NJ 07728
Stephen Socolof director C/O EVERSPIN TECHNOLOGIES, INC., 1347 N. ALMA SCHOOL ROAD, SUITE 220, CHANDLER AZ 85224
James Tu director, officer: Executive Chairman & CEO ENERGY FOCUS, INC., 32000 AURORA ROAD, SOLON OH 44139

Energy Focus Headlines

From GuruFocus

Q4 2019 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Q2 2021 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Q4 2021 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Q1 2023 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Q1 2022 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Energy Focus, Inc. - Special Call Transcript

By GuruFocus Research 02-06-2024

Q1 2021 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Q3 2020 Energy Focus Inc Earnings Call Transcript

By GuruFocus Research 02-06-2024

Energy Focus Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 02-06-2024