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INVE (Identiv) ROE % : 310.01% (As of Sep. 2024)


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What is Identiv ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Identiv's annualized net income for the quarter that ended in Sep. 2024 was $343.8 Mil. Identiv's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $110.9 Mil. Therefore, Identiv's annualized ROE % for the quarter that ended in Sep. 2024 was 310.01%.

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

INVE' s ROE % Range Over the Past 10 Years
Min: -148.38   Med: -15.46   Max: 83.4
Current: 83.4

During the past 13 years, Identiv's highest ROE % was 83.40%. The lowest was -148.38%. And the median was -15.46%.

INVE's ROE % is ranked better than
98.51% of 1677 companies
in the Construction industry
Industry Median: 6.53 vs INVE: 83.40

Identiv ROE % Historical Data

The historical data trend for Identiv'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.

Identiv ROE % Chart

Identiv 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 -3.32 -14.66 2.98 -0.52 -7.33

Identiv 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 -0.12 -8.61 -25.25 -36.77 310.01

Competitive Comparison of Identiv's ROE %

For the Building Products & Equipment subindustry, Identiv'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.


Identiv's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Identiv's ROE % distribution charts can be found below:

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



Identiv ROE % Calculation

Identiv'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 )
=-5.489/( (75.394+74.272)/ 2 )
=-5.489/74.833
=-7.33 %

Identiv'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 )
=343.796/( (65.057+156.74)/ 2 )
=343.796/110.8985
=310.01 %

* 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.


Identiv  (NAS:INVE) 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
=343.796/110.8985
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(343.796 / 26.128)*(26.128 / 137.3945)*(137.3945 / 110.8985)
=Net Margin %*Asset Turnover*Equity Multiplier
=1315.81 %*0.1902*1.2389
=ROA %*Equity Multiplier
=250.27 %*1.2389
=310.01 %

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
=343.796/110.8985
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (343.796 / -35.876) * (-35.876 / -38.212) * (-38.212 / 26.128) * (26.128 / 137.3945) * (137.3945 / 110.8985)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -9.5829 * 0.9389 * -146.25 % * 0.1902 * 1.2389
=310.01 %

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.


Identiv ROE % Related Terms

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


Identiv Business Description

Traded in Other Exchanges
Address
2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538
Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East, and Asia-Pacific. The company derives the majority of revenue from the Identity segment.
Executives
Steven Humphreys director, officer: CEO 6623 DUMBARTON CIRCLE, FREMONT CA 94555
Gary Kremen director 1900-B CARNEGIE AVENUE, SANTA ANA CA 92705
Richard Kuntz director MEDTRONIC, INC., 710 MEDTRONIC PWKY MS LC 310, MINNEAPOLIS MN 55432
Laura Angelini director C/O IDENTIV, INC.,, 2201 WALNUT AVE., SUITE 100, FREMONT CA 94538
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Justin Scarpulla officer: Chief Financial Officer 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
James E Ousley director BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Edward Kirnbauer officer: See Remarks
Nina B. Shapiro director 2201 WALNUT AVENUE, SUITE 100, FREMONT CA 94538
Robin R. Braun director C/O IDENTIV, INC.,, FREMONT CA 94538
Arnhold & S. Bleichroeder Holdings, Inc. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
First Eagle Investment Management, Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Sandra Wallach officer: CFO C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven T Finney officer: Interim CFO 2201 WALNUT AVENUE, SUITE 310, FREMONT CA 94538