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Iveda Solutions (Iveda Solutions) ROE % : -83.96% (As of Mar. 2024)


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What is Iveda Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Iveda Solutions's annualized net income for the quarter that ended in Mar. 2024 was $-4.43 Mil. Iveda Solutions's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $5.28 Mil. Therefore, Iveda Solutions's annualized ROE % for the quarter that ended in Mar. 2024 was -83.96%.

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

IVDAW' s ROE % Range Over the Past 10 Years
Min: -798.83   Med: -257.07   Max: -48.38
Current: -57.26

During the past 12 years, Iveda Solutions's highest ROE % was -48.38%. The lowest was -798.83%. And the median was -257.07%.

IVDAW's ROE % is ranked worse than
95.3% of 1042 companies
in the Business Services industry
Industry Median: 8.335 vs IVDAW: -57.26

Iveda Solutions ROE % Historical Data

The historical data trend for Iveda Solutions'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.

Iveda Solutions ROE % Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -98.48 -48.38

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -27.65 -38.13 -46.64 -70.43 -83.96

Competitive Comparison of Iveda Solutions's ROE %

For the Security & Protection Services subindustry, Iveda Solutions'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.


Iveda Solutions's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's ROE % distribution charts can be found below:

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



Iveda Solutions ROE % Calculation

Iveda Solutions'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 )
=-3.235/( (7.57+5.803)/ 2 )
=-3.235/6.6865
=-48.38 %

Iveda Solutions's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-4.432/( (5.803+4.755)/ 2 )
=-4.432/5.279
=-83.96 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Iveda Solutions  (NAS:IVDAW) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-4.432/5.279
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.432 / 1.388)*(1.388 / 6.9315)*(6.9315 / 5.279)
=Net Margin %*Asset Turnover*Equity Multiplier
=-319.31 %*0.2002*1.313
=ROA %*Equity Multiplier
=-63.93 %*1.313
=-83.96 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-4.432/5.279
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.432 / -4.348) * (-4.348 / -4.644) * (-4.644 / 1.388) * (1.388 / 6.9315) * (6.9315 / 5.279)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0193 * 0.9363 * -334.58 % * 0.2002 * 1.313
=-83.96 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Iveda Solutions ROE % Related Terms

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


Iveda Solutions (Iveda Solutions) Business Description

Traded in Other Exchanges
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).