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Smart Employee Benefits (Smart Employee Benefits) ROE % : 0.00% (As of Aug. 2022)


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What is Smart Employee Benefits ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Smart Employee Benefits's annualized net income for the quarter that ended in Aug. 2022 was $-7.02 Mil. Smart Employee Benefits's average Total Stockholders Equity over the quarter that ended in Aug. 2022 was $-16.20 Mil. Therefore, Smart Employee Benefits's annualized ROE % for the quarter that ended in Aug. 2022 was N/A%.

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

SEBFF's ROE % is not ranked *
in the Software industry.
Industry Median: 3.23
* Ranked among companies with meaningful ROE % only.

Smart Employee Benefits ROE % Historical Data

The historical data trend for Smart Employee Benefits'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.

Smart Employee Benefits ROE % Chart

Smart Employee Benefits Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -272.59 - - - -

Smart Employee Benefits Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 - - - - -

Competitive Comparison of Smart Employee Benefits's ROE %

For the Information Technology Services subindustry, Smart Employee Benefits'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.


Smart Employee Benefits's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Smart Employee Benefits's ROE % distribution charts can be found below:

* The bar in red indicates where Smart Employee Benefits's ROE % falls into.



Smart Employee Benefits ROE % Calculation

Smart Employee Benefits's annualized ROE % for the fiscal year that ended in Nov. 2021 is calculated as

ROE %=Net Income (A: Nov. 2021 )/( (Total Stockholders Equity (A: Nov. 2020 )+Total Stockholders Equity (A: Nov. 2021 ))/ count )
=-4.254/( (-9.83+-13.349)/ 2 )
=-4.254/-11.5895
=N/A %

Smart Employee Benefits's annualized ROE % for the quarter that ended in Aug. 2022 is calculated as

ROE %=Net Income (Q: Aug. 2022 )/( (Total Stockholders Equity (Q: May. 2022 )+Total Stockholders Equity (Q: Aug. 2022 ))/ count )
=-7.016/( (-15.456+-16.937)/ 2 )
=-7.016/-16.1965
=N/A %

* 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 (Aug. 2022) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Smart Employee Benefits  (OTCPK:SEBFF) 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: Aug. 2022 )
=Net Income/Total Stockholders Equity
=-7.016/-16.1965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.016 / 49.516)*(49.516 / 29.2775)*(29.2775 / -16.1965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.17 %*1.6913*N/A
=ROA %*Equity Multiplier
=-23.97 %*N/A
=N/A %

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: Aug. 2022 )
=Net Income/Total Stockholders Equity
=-7.016/-16.1965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.016 / -7.192) * (-7.192 / -1.048) * (-1.048 / 49.516) * (49.516 / 29.2775) * (29.2775 / -16.1965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9755 * 6.8626 * -2.12 % * 1.6913 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Aug. 2022) net income data. The Revenue data used here is four times the quarterly (Aug. 2022) 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.


Smart Employee Benefits ROE % Related Terms

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Smart Employee Benefits (Smart Employee Benefits) Business Description

Traded in Other Exchanges
N/A
Address
5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7
Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.

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