FSCR (Federal Screw Works) ROE %: -9.62% (As of Dec. 2004)


What is Federal Screw Works ROE %?

Federal Screw Works FSCR -0.27% ROE % is -9.62% as of Dec. 2004.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Federal Screw Works's annualized net income for the quarter that ended in Dec. 2004 was $-5.46 Mil. Federal Screw Works's average Total Stockholders Equity over the quarter that ended in Dec. 2004 was $56.77 Mil. Therefore, Federal Screw Works's annualized ROE % for the quarter that ended in Dec. 2004 was -9.62%.

The historical rank and industry rank for Federal Screw Works's ROE % or its related term are showing as below:

FSCR's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 5.91
* Ranked among companies with meaningful ROE % only.

Federal Screw Works  (OTCPK:FSCR) 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. 2004 )
=Net Income/Total Stockholders Equity
=-5.464/56.769
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.464 / 81.82)*(81.82 / 107.144)*(107.144 / 56.769)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.68 %*0.7636*1.8874
=ROA %*Equity Multiplier
=-5.1 %*1.8874
=-9.62 %

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. 2004 )
=Net Income/Total Stockholders Equity
=-5.464/56.769
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5.464 / -8.152) * (-8.152 / -7.7) * (-7.7 / 81.82) * (81.82 / 107.144) * (107.144 / 56.769)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6703 * 1.0587 * -9.41 % * 0.7636 * 1.8874
=-9.62 %

Note: The net income data used here is four times the quarterly (Dec. 2004) net income data. The Revenue data used here is four times the quarterly (Dec. 2004) 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.


Federal Screw Works ROE % Related Terms


Federal Screw Works ROE % Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works ROE % Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.63 7.80 7.40 5.67 2.19

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 0.76 3.93 4.26 -6.85 -9.62

FSCR vs PAOS, PFIN: ROE % Comparison

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's ROE % distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's ROE % falls into.



Federal Screw Works ROE % Calculation

Federal Screw Works's annualized ROE % for the fiscal year that ended in Jun. 2004 is calculated as

ROE %=Net Income (A: Jun. 2004 )/( (Total Stockholders Equity (A: Jun. 2003 )+Total Stockholders Equity (A: Jun. 2004 ))/ count )
=1.249/( (55.115+59.168)/ 2 )
=1.249/57.1415
=2.19 %

Federal Screw Works's annualized ROE % for the quarter that ended in Dec. 2004 is calculated as

ROE %=Net Income (Q: Dec. 2004 )/( (Total Stockholders Equity (Q: Sep. 2004 )+Total Stockholders Equity (Q: Dec. 2004 ))/ count )
=-5.464/( (57.989+55.549)/ 2 )
=-5.464/56.769
=-9.62 %

* 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. 2004) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -9.62% mean?
Federal Screw Works (FSCR) has a ROE % of -9.62% as of Dec. 2004. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Federal Screw Works and its competitors.
Is Federal Screw Works' ROE % too high?
Federal Screw Works' current ROE % is -9.62%.
How does Federal Screw Works' ROE % compare to PAOS and PFIN?
Federal Screw Works' ROE % of -9.62% can be compared against companies in the Industrial Products industry. The industry median ROE % is 5.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Federal Screw Works and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Screw Works's current ROE % is -9.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current ROE % of -9.62%. The current ROE % is -9.62%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Federal Screw Works (FSCR), the current ROE % is -9.62% as of Dec. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.