GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mastermind Inc (OTCPK:MMND) » Definitions » ROE %

Mastermind (Mastermind) ROE % : -71.05% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Mastermind ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mastermind's annualized net income for the quarter that ended in Dec. 2023 was $-2.01 Mil. Mastermind's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2.83 Mil. Therefore, Mastermind's annualized ROE % for the quarter that ended in Dec. 2023 was -71.05%.

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

MMND' s ROE % Range Over the Past 10 Years
Min: -53.44   Med: 21.35   Max: 105.54
Current: -3.55

During the past 13 years, Mastermind's highest ROE % was 105.54%. The lowest was -53.44%. And the median was 21.35%.

MMND's ROE % is ranked worse than
65.62% of 989 companies
in the Media - Diversified industry
Industry Median: 2.44 vs MMND: -3.55

Mastermind ROE % Historical Data

The historical data trend for Mastermind'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.

Mastermind ROE % Chart

Mastermind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -53.44 12.77 48.03 29.24 13.46

Mastermind Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.08 17.23 21.55 17.22 -71.05

Competitive Comparison of Mastermind's ROE %

For the Advertising Agencies subindustry, Mastermind'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.


Mastermind's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mastermind's ROE % distribution charts can be found below:

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



Mastermind ROE % Calculation

Mastermind's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=0.389/( (2.694+3.084)/ 2 )
=0.389/2.889
=13.46 %

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

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-2.012/( (3.084+2.58)/ 2 )
=-2.012/2.832
=-71.05 %

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


Mastermind  (OTCPK:MMND) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2.012/2.832
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.012 / 1.592)*(1.592 / 3.4915)*(3.4915 / 2.832)
=Net Margin %*Asset Turnover*Equity Multiplier
=-126.38 %*0.456*1.2329
=ROA %*Equity Multiplier
=-57.63 %*1.2329
=-71.05 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2.012/2.832
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.012 / -2.172) * (-2.172 / -2.24) * (-2.24 / 1.592) * (1.592 / 3.4915) * (3.4915 / 2.832)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9263 * 0.9696 * -140.7 % * 0.456 * 1.2329
=-71.05 %

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


Mastermind ROE % Related Terms

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


Mastermind (Mastermind) Business Description

Traded in Other Exchanges
N/A
Address
2221 Peachtree Road NE, Suite D-134, Atlanta, GA, USA, 30309
Mastermind Inc is an involvement marketing service agency that designs, creates, and develops branding and marketing campaigns for large corporate clients. This involvement is achieved through multi-dimensional marketing campaigns that employ social, digital, mobile, content, influencer marketing, gamification, and promotion to drive greater sales and ROI.
Executives
Ricardo Rios officer: Senior Vice President 3706 PACES PARK CIRCLE, VININGS GA 30080
Michael P Gelfond 10 percent owner, officer: Executive Vice President 1129 N. HIGHLAND AVENUE, ATLANTA GA 30306
Mastermind Marketing, Inc. 10 percent owner 1450 W. PEACHTREE STREET NW, ATLANTA GA 30309
Daniel A Dodson director, 10 percent owner, officer: Chief Executive Officer 1450 W. PEACHTREE STREET NW, ATLANTA GA 30309
Villanta Corp 10 percent owner 1129 N. HIGHLAND AVENUE, ATLANTA GA 30306
Henrik Rouf 10 percent owner 468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Henrik Oerbekker 10 percent owner 94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Bennett J. Yankowitz director, 10 percent owner, officer: President P.O. BOX 5778, BEVERLY HILLS CA 90024
Allan Kronborg director, 10 percent owner NELLER?DVEJ 65, 3200 HELSINGE, HULLEBAEK G7 3050
Sj Corporate Finance Aps 10 percent owner HVEDEVEJ 4, SMOERUM G7 2765
Robert K Bench director, officer: President 355 S 520 W, SUITE 100, LINDON UT 84042
David Hunt 10 percent owner 66 EXCHANGE PL, STE 201, SALT LAKE CITY UT 84111
Bradly Matthew Bingham director, officer: Chief Executive Officer 274 HYGEIA COURT, ENCINITAS CA 92024
Lee Joshua Eikov director, officer: Chief Executive Officer 560 LAVERS CIRCLE #146, DELRAY BEACH FL 33344

Mastermind (Mastermind) Headlines

From GuruFocus