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Momentive Global (Momentive Global) ROE % : -33.33% (As of Mar. 2023)


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What is Momentive Global ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Momentive Global's annualized net income for the quarter that ended in Mar. 2023 was $-95.3 Mil. Momentive Global's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was $285.8 Mil. Therefore, Momentive Global's annualized ROE % for the quarter that ended in Mar. 2023 was -33.33%.

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

MNTV's ROE % is not ranked *
in the Software industry.
Industry Median: 3.15
* Ranked among companies with meaningful ROE % only.

Momentive Global ROE % Historical Data

The historical data trend for Momentive Global'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.

Momentive Global ROE % Chart

Momentive Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial -119.29 -28.33 -28.25 -35.17 -28.04

Momentive Global Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -45.07 -39.16 -30.42 -5.31 -33.33

Competitive Comparison of Momentive Global's ROE %

For the Software - Application subindustry, Momentive Global'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.


Momentive Global's ROE % Distribution in the Software Industry

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

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



Momentive Global ROE % Calculation

Momentive Global'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 )
=-89.891/( (354.474+286.76)/ 2 )
=-89.891/320.617
=-28.04 %

Momentive Global's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=-95.26/( (286.76+284.859)/ 2 )
=-95.26/285.8095
=-33.33 %

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


Momentive Global  (NAS:MNTV) 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. 2023 )
=Net Income/Total Stockholders Equity
=-95.26/285.8095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-95.26 / 475.284)*(475.284 / 806.1755)*(806.1755 / 285.8095)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.04 %*0.5896*2.8207
=ROA %*Equity Multiplier
=-11.82 %*2.8207
=-33.33 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-95.26/285.8095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-95.26 / -93.456) * (-93.456 / -56.228) * (-56.228 / 475.284) * (475.284 / 806.1755) * (806.1755 / 285.8095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0193 * 1.6621 * -11.83 % * 0.5896 * 2.8207
=-33.33 %

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


Momentive Global ROE % Related Terms

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


Momentive Global (Momentive Global) Business Description

Traded in Other Exchanges
N/A
Address
One Curiosity Way, San Mateo, CA, USA, 94403
Momentive Global Inc, formerly SVMK Inc is a United States based company. It is engaged in providing survey software products and purpose-built solutions that enable organizations to engage with their key constituents, including their customers, employees and the markets they serve. It offers a cloud-based SaaS platform that helps individuals and organizations design and distribute surveys. Products offered by the company enable individuals and organizations of all sizes to collect and analyze People Powered Data.
Executives
Legion Partners Holdings, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Sagar Gupta director C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Raymond T. White director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, L.p. Ii director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, L.p. I director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners Asset Management, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Christopher S Kiper director 12121 WILSHIRE BLVD, SUITE 1240, LOS ANGELES CA 90025
Legion Partners Special Opportunities, L.p. Xvii director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Clarence Ewell officer: Chief Customer Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Alexander J Lurie director, officer: Chief Executive Officer 235 SECOND STREET, SAN FRANCISCO CA 94105
Rebecca Cantieri officer: Chief People Officer C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Lora D Blum officer: Sr VP, Gen Counsel & Secretary C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Priyanka Carr officer: Chief Operating Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Cherie Buntyn officer: Chief Accounting Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403