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DWS Multi-marketome Trust (DWS Multi-marketome Trust) ROE % : -1.45% (As of May. 2018)


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What is DWS Multi-marketome Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DWS Multi-marketome Trust's annualized net income for the quarter that ended in May. 2018 was $-2.98 Mil. DWS Multi-marketome Trust's average Total Stockholders Equity over the quarter that ended in May. 2018 was $205.28 Mil. Therefore, DWS Multi-marketome Trust's annualized ROE % for the quarter that ended in May. 2018 was -1.45%.

The historical rank and industry rank for DWS Multi-marketome Trust's ROE % or its related term are showing as below:

KMM's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 4.5
* Ranked among companies with meaningful ROE % only.

DWS Multi-marketome Trust ROE % Historical Data

The historical data trend for DWS Multi-marketome Trust'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.

DWS Multi-marketome Trust ROE % Chart

DWS Multi-marketome Trust Annual Data
Trend Nov17
ROE %
7.27

DWS Multi-marketome Trust Semi-Annual Data
Nov17 May18
ROE % - -1.45

Competitive Comparison of DWS Multi-marketome Trust's ROE %

For the Asset Management subindustry, DWS Multi-marketome Trust'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.


DWS Multi-marketome Trust's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Multi-marketome Trust's ROE % distribution charts can be found below:

* The bar in red indicates where DWS Multi-marketome Trust's ROE % falls into.



DWS Multi-marketome Trust ROE % Calculation

DWS Multi-marketome Trust's annualized ROE % for the fiscal year that ended in Nov. 2017 is calculated as

ROE %=Net Income (A: Nov. 2017 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: Nov. 2017 ))/ count )
=/( (+)/ )
=/
= %

DWS Multi-marketome Trust's annualized ROE % for the quarter that ended in May. 2018 is calculated as

ROE %=Net Income (Q: May. 2018 )/( (Total Stockholders Equity (Q: Nov. 2017 )+Total Stockholders Equity (Q: May. 2018 ))/ count )
=-2.98/( (208.349+202.213)/ 2 )
=-2.98/205.281
=-1.45 %

* 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 two times the semi-annual (May. 2018) net income data. ROE % is displayed in the 30-year financial page.


DWS Multi-marketome Trust  (NYSE:KMM) 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: May. 2018 )
=Net Income/Total Stockholders Equity
=-2.98/205.281
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.98 / 0.616)*(0.616 / 255.494)*(255.494 / 205.281)
=Net Margin %*Asset Turnover*Equity Multiplier
=-483.77 %*0.0024*1.2446
=ROA %*Equity Multiplier
=-1.16 %*1.2446
=-1.45 %

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: May. 2018 )
=Net Income/Total Stockholders Equity
=-2.98/205.281
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.98 / -2.98) * (-2.98 / 0.616) * (0.616 / 255.494) * (255.494 / 205.281)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * -483.77 % * 0.0024 * 1.2446
=-1.45 %

Note: The net income data used here is two times the semi-annual (May. 2018) net income data. The Revenue data used here is two times the semi-annual (May. 2018) 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.


DWS Multi-marketome Trust ROE % Related Terms

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


DWS Multi-marketome Trust (DWS Multi-marketome Trust) Business Description

Traded in Other Exchanges
N/A
Address
DWS Multi-market Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide high current income consistent with prudent total return asset management.
Executives
Michelle S. Goveia other: Chief Compliance Officer of IA C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Sheila Cadogan officer: Assistant Treasurer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Wahgo Chang other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Fiona Bassett other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
John Cassedy other: EVP of Investmemt Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Paul Blodgett other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gregory Staples other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Patrick Robert Mccarthy other: Section 16 reporting officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Scott D Hogan officer: Chief Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Erik Mogavero officer: Chief Compliance Officer of IA C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Thomas Roberts Bouchard other: Portfolio Manager C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Gregory Richter other: Section 16 Reporting Person C/O DEUTSCHE BANK, 5022 GATE PARKWAY, SUITE 400, JACKSONVILLE FL 32256
Kenneth C Froewiss director
Wayne Salit officer: AML Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Brian Costello other: Director & COO of Inv. Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005

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