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Dot Hill Systems (Dot Hill Systems) ROE % : 3.85% (As of Jun. 2015)


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What is Dot Hill Systems ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dot Hill Systems's annualized net income for the quarter that ended in Jun. 2015 was $2.7 Mil. Dot Hill Systems's average Total Stockholders Equity over the quarter that ended in Jun. 2015 was $71.2 Mil. Therefore, Dot Hill Systems's annualized ROE % for the quarter that ended in Jun. 2015 was 3.85%.

The historical rank and industry rank for Dot Hill Systems's ROE % or its related term are showing as below:

HILL's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.53
* Ranked among companies with meaningful ROE % only.

Dot Hill Systems ROE % Historical Data

The historical data trend for Dot Hill Systems'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.

Dot Hill Systems ROE % Chart

Dot Hill Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.27 -38.95 -34.18 11.72 14.62

Dot Hill Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -0.62 0.31 59.13 23.83 3.85

Competitive Comparison of Dot Hill Systems's ROE %

For the Computer Hardware subindustry, Dot Hill Systems'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.


Dot Hill Systems's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dot Hill Systems's ROE % distribution charts can be found below:

* The bar in red indicates where Dot Hill Systems's ROE % falls into.



Dot Hill Systems ROE % Calculation

Dot Hill Systems's annualized ROE % for the fiscal year that ended in Dec. 2014 is calculated as

ROE %=Net Income (A: Dec. 2014 )/( (Total Stockholders Equity (A: Dec. 2013 )+Total Stockholders Equity (A: Dec. 2014 ))/ count )
=8.055/( (47.647+62.53)/ 2 )
=8.055/55.0885
=14.62 %

Dot Hill Systems's annualized ROE % for the quarter that ended in Jun. 2015 is calculated as

ROE %=Net Income (Q: Jun. 2015 )/( (Total Stockholders Equity (Q: Mar. 2015 )+Total Stockholders Equity (Q: Jun. 2015 ))/ count )
=2.74/( (67.446+75.039)/ 2 )
=2.74/71.2425
=3.85 %

* 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 (Jun. 2015) net income data. ROE % is displayed in the 30-year financial page.


Dot Hill Systems  (NAS:HILL) 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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=2.74/71.2425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.74 / 246.156)*(246.156 / 120.991)*(120.991 / 71.2425)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.11 %*2.0345*1.6983
=ROA %*Equity Multiplier
=2.26 %*1.6983
=3.85 %

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: Jun. 2015 )
=Net Income/Total Stockholders Equity
=2.74/71.2425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.74 / 3.04) * (3.04 / 3.092) * (3.092 / 246.156) * (246.156 / 120.991) * (120.991 / 71.2425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9013 * 0.9832 * 1.26 % * 2.0345 * 1.6983
=3.85 %

Note: The net income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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.


Dot Hill Systems ROE % Related Terms

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


Dot Hill Systems (Dot Hill Systems) Business Description

Traded in Other Exchanges
N/A
Address
Dot Hill Systems Corp was formed in 1999 by the combination of Box Hill Systems Corp., or Box Hill, and Artecon, Inc., or Artecon. It reincorporated in Delaware in 2001. It designs, manufactures and markets a range of software and hardware storage systems for the entry and mid-range storage markets. The Company sells its products through server-based original equipment manufacturers (OEMs), such as Hewlett-Packard, or HP, Dell Inc. or Dell, Lenovo Group Limited or Lenovo, Advanced Micro Devices, Inc. or AMD, and Stratus Technologies or Stratus; as well as into vertical markets through embedded solutions OEM's, such as Teradata Corporation or Teradata, CGG Veritas or CGG, Motorola, Inc. or Motorola, Tektronix Inc. or Tektronix, Samsung Electronics or Samsung, Concurrent Computer Corporation or Concurrent, Autodesk Inc. or Autodesk, Harris Broadcast Communications and Nokia Siemens Network or Nokia Siemens, which primarily include media and entertainment, telecommunications, high performance computing, digital image archive, big data and oil and gas. The Company's products, from small capacity direct attached to complete multi-hundred terabyte, or TB, storage area networks, or SANs, provide end-users with a cost-effective means of addressing increasing storage demands at compelling price-performance points. The Company's current product family based on its AssuredSAN architecture provides high performance and large disk array capacities for a broad variety of environments, employing Fibre Channel, Internet Small Computer Systems Interface, or iSCSI and Serial Attached SCSI, or SAS, interconnects to switches and/or hosts. In addition, its Assured family of data protection software products provides additional layers of data protection options to complement its line of storage disk arrays. The Company's current mainstream 2000 and 3000 series of entry-level storage products and Just a Bunch of Disks, or JBOD, arrays are targeted primarily at mainstream enterprise and small-to-medium business, or SMB, applications. The Company's AssuredSAN products have been distinguished by certification as Network Equipment Building System, or NEBS, Level 3 (a telecommunications standard for equipment used in central offices) and are MIL-STD-810F (a military standard created by the U.S.government) compliant based on their ruggedness and reliability. In February 2010, it launched the latest AssuredSAN 3000 series of storage arrays that provide high speed interface options including 8 gigabyte, or GB, Fibre Channel, 1GB and 10GB iSCSI over Ethernet and 6GB SAS connectivity. The Company's AssuredUVS product line, formerly known as the intelligent storage networking system, or iSN TM, is based on the technology it acquired in January 2010 from Cloverleaf Communications, Inc., or Cloverleaf, a privately held software company focused on heterogeneous storage virtualization and unified storage technologies. AssuredSnap is its DMS software that introduces p
Executives
Charles F Christ director
Barry Rudolph director 1351 S SUNSET STREET, LONGMONT CO 80501
Ernest J Sampias director 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Dana Kammersgard director, officer: President & CEO 6305 EL CAMINO REAL, CARLSBAD CA 92009
Richard Jr Mejia director 2200 FARADAY AVENUE, SUITE 100, CARLSBAD CA 92008
Kimberly Alexy director 500 MCCARTHY BLVD., MILPITAS CA 95035
Philip Davis officer: Ex. VP WW Field Operations 6305 EL CAMINO REAL, CARLSBAD CA 92009
Chong Sup Park director 22071 DORSEY WAY, SARATOGA CA 95070

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