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hopTo (HPTO) ROE % : 18.64% (As of Sep. 2023)


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What is hopTo ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. hopTo's annualized net income for the quarter that ended in Sep. 2023 was $0.76 Mil. hopTo's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $4.08 Mil. Therefore, hopTo's annualized ROE % for the quarter that ended in Sep. 2023 was 18.64%.

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

HPTO' s ROE % Range Over the Past 10 Years
Min: 3.06   Med: 55.39   Max: Negative Equity
Current: 5.67

During the past 13 years, hopTo's highest ROE % was Negative Equity%. The lowest was 3.06%. And the median was 55.39%.

HPTO's ROE % is ranked better than
54.74% of 2636 companies
in the Software industry
Industry Median: 3.42 vs HPTO: 5.67

hopTo ROE % Historical Data

The historical data trend for hopTo'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.

hopTo ROE % Chart

hopTo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Equity 55.39 30.56 3.06

hopTo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -14.35 13.96 3.42 -13.34 18.64

Competitive Comparison of hopTo's ROE %

For the Software - Application subindustry, hopTo'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.


hopTo's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, hopTo's ROE % distribution charts can be found below:

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



hopTo ROE % Calculation

hopTo's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=0.123/( (3.969+4.082)/ 2 )
=0.123/4.0255
=3.06 %

hopTo's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=0.76/( (3.982+4.171)/ 2 )
=0.76/4.0765
=18.64 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


hopTo  (OTCPK:HPTO) 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. 2023 )
=Net Income/Total Stockholders Equity
=0.76/4.0765
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.76 / 4.28)*(4.28 / 6.2815)*(6.2815 / 4.0765)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.76 %*0.6814*1.5409
=ROA %*Equity Multiplier
=12.1 %*1.5409
=18.64 %

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. 2023 )
=Net Income/Total Stockholders Equity
=0.76/4.0765
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.76 / 0.76) * (0.76 / 0.492) * (0.492 / 4.28) * (4.28 / 6.2815) * (6.2815 / 4.0765)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.5447 * 11.5 % * 0.6814 * 1.5409
=18.64 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


hopTo ROE % Related Terms

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


hopTo (HPTO) Business Description

Traded in Other Exchanges
N/A
Address
189 North Main Street, Suite 102, Concord, NH, USA, 03301
hopTo Inc is a developer of application software that includes application virtualization and cloud computing software for multiple computer operating systems. The company's products are sold under the brand name GO-Global, which is sold to small to medium-sized companies, departments within large corporations, governmental and educational institutions, independent software vendors (ISVs), and value-added resellers (VARs). Its GO-Global includes different product families that GO-Global for Windows, UNIX, and Client. Its geographical segments are the United States, Brazil, Japan, and Other countries.
Executives
Jonathon R Skeels director 620 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Richard Chernicoff director C/O TESSERA TECHNOLOGIES, INC., 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Thomas C Stewart director 6 LOUDON STREET, SUITE 200, CONCORD NH 03301
Jean-louis Casabonne officer: CFO 1919 S. BASCOM AVENUE, SUITE 600, CAMPBELL CA 95008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael A Brochu director 16548 SE 59TH PL, BELLEVUE WA 98006
John Cronin director GRAPHON CORPORATION, 5400 SOQUEL AVENUE, SUITE A2, SANTA CRUZ CA 95062
Sam M Auriemma director
Eldad Eilam officer: Chief Technology Officer C/O GRAPHON CORPORATION, 5400 SOQUEL AVENUE, SUITE A2, SANTA CRUZ CA 95062
Jeremy Verba director C/O HOPTO INC., 1919 S BASCOM AVE., SUITE 600, CAMPBELL CA 95008
Ashfaq A Munshi director 2 MACARTHUR PLACE, SANTA ANA CA 92707
Robert Dixon officer: Interim CFO and Secretary C/O GRAPHON CORPORATION, 1901 S. BASCOM AVE., STE. 660, CAMPBELL CA 95008
Christoph Berlin officer: Chief Operating Officer 1901 S. BASCOM AVENUE, SUITE 660, CAMPBELL CA 95008
Steven A Ledger director 24 TAMALPAIS AVE, MILL VALLEY CA 94941
Howard S Jonas 10 percent owner

hopTo (HPTO) Headlines

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