ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. La SIA SpA's annualized net income for the quarter that ended in Jun. 2024 was €0.22 Mil. La SIA SpA's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was €11.05 Mil. Therefore, La SIA SpA's annualized ROE % for the quarter that ended in Jun. 2024 was 1.99%.
The historical rank and industry rank for La SIA SpA's ROE % or its related term are showing as below:
FRA:XB9'
s ROE % Range Over the Past 10 Years
Min: 1 Med: 51.22 Max: 51.4
Current: 1
During the past 3 years, La SIA SpA's highest ROE % was 51.40%. The lowest was 1.00%. And the median was 51.22%.
FRA:XB9's ROE % is ranked worse than 59.09% of 2606
companies
in the Software industry
Industry Median: 4.5
vs FRA:XB9: 1.00
La SIA SpA ROE % Historical Data
The historical data trend for La SIA SpA'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.
La SIA SpA ROE % Chart
La SIA SpA Annual Data
Trend
Dec21
Dec22
Dec23
ROE %
51.22
51.40
24.09
La SIA SpA Semi-Annual Data
Dec21
Dec22
Jun23
Dec23
Jun24
ROE %
-
-
-
-
1.99
Competitive Comparison of La SIA SpA's ROE %
For the Software - Infrastructure subindustry, La SIA SpA'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.
La SIA SpA's ROE % Distribution in the Software Industry
For the Software industry and Technology sector, La SIA SpA's ROE % distribution charts can be found below:
* The bar in red indicates where La SIA SpA's ROE % falls into.
La SIA SpA ROE % Calculation
La SIA SpA's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as
* 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 two times the semi-annual (Jun. 2024) net income data.
ROE % is displayed in the 30-year financial page.
La SIA SpA (FRA:XB9) 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:
Note:
The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.
La SIA SpA ROE % Related Terms
Thank you for viewing the detailed overview of La SIA SpA's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
La SIA SpA is an Italian payment institution part of the Nexi group. It is the Principal Member of the main national and international payment circuits which are Bancomat, VISA, Mastercard, Union Pay and JCB. The company offers the citizens the possibility of paying postal bills through distribution channels which are both physical and virtual which is managed by banks or by the large organised distribution network. It also offers the development, marketing (sale and/or rental) and management/maintenance of IT products and services relating to payment instruments and, more generally, to connection to electronic circuits.
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