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Sevcon (Sevcon) ROE % : -66.01% (As of Jun. 2017)


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What is Sevcon ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sevcon's annualized net income for the quarter that ended in Jun. 2017 was $-11.56 Mil. Sevcon's average Total Stockholders Equity over the quarter that ended in Jun. 2017 was $17.52 Mil. Therefore, Sevcon's annualized ROE % for the quarter that ended in Jun. 2017 was -66.01%.

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

SEVAP.PFD' s ROE % Range Over the Past 10 Years
Min: -57.15   Med: 7.4   Max: 17.11
Current: -57.15

During the past 13 years, Sevcon's highest ROE % was 17.11%. The lowest was -57.15%. And the median was 7.40%.

SEVAP.PFD's ROE % is not ranked
in the Semiconductors industry.
Industry Median: 4.355 vs SEVAP.PFD: -57.15

Sevcon ROE % Historical Data

The historical data trend for Sevcon'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.

Sevcon ROE % Chart

Sevcon Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.11 -15.64 7.91 9.83 -31.04

Sevcon Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -31.55 -59.22 -46.24 -44.94 -66.01

Competitive Comparison of Sevcon's ROE %

For the Semiconductors subindustry, Sevcon'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.


Sevcon's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sevcon's ROE % distribution charts can be found below:

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



Sevcon ROE % Calculation

Sevcon's annualized ROE % for the fiscal year that ended in Sep. 2016 is calculated as

ROE %=Net Income (A: Sep. 2016 )/( (Total Stockholders Equity (A: Sep. 2015 )+Total Stockholders Equity (A: Sep. 2016 ))/ count )
=-5.813/( (15.712+21.739)/ 2 )
=-5.813/18.7255
=-31.04 %

Sevcon's annualized ROE % for the quarter that ended in Jun. 2017 is calculated as

ROE %=Net Income (Q: Jun. 2017 )/( (Total Stockholders Equity (Q: Mar. 2017 )+Total Stockholders Equity (Q: Jun. 2017 ))/ count )
=-11.564/( (18.645+16.391)/ 2 )
=-11.564/17.518
=-66.01 %

* 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 (Jun. 2017) net income data. ROE % is displayed in the 30-year financial page.


Sevcon  (OTCPK:SEVAP.PFD) 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: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-11.564/17.518
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.564 / 74.224)*(74.224 / 67.283)*(67.283 / 17.518)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15.58 %*1.1032*3.8408
=ROA %*Equity Multiplier
=-17.19 %*3.8408
=-66.01 %

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: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-11.564/17.518
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.564 / -12.696) * (-12.696 / -13.152) * (-13.152 / 74.224) * (74.224 / 67.283) * (67.283 / 17.518)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9108 * 0.9653 * -17.72 % * 1.1032 * 3.8408
=-66.01 %

Note: The net income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


Sevcon ROE % Related Terms

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


Sevcon (Sevcon) Business Description

Traded in Other Exchanges
N/A
Address
Sevcon Inc through its wholly-owned subsidiaries is engaged in designing and selling, under the Sevcon name, motor controls for zero emission electric and hybrid vehicles.
Executives
Bassi Holding S.r.l. 10 percent owner VIA MENSA 3/2, S. MARIA IN FABRIAGO, LUGO (RA) L6 48022
Andrea Bassi 10 percent owner, officer: General Manager, Bassi S.r.l VIA MENSA, 3/2 S MARIA IN FABRIAGO, LUGO RA L6 48022
David Sidlow officer: Managing Director, Sevcon Ltd KINGSWAY SOUTH, GATESHEAD, TYNE AND WEAR X0 NE11 0QA
Meson Constructive Capital Lp 10 percent owner 12 ARANA CIRCLE, SAUSALITO CA 94965
Matthew Goldfarb director C/O DIEBOLD NIXDORF, INCORPORATED, 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Ryan J. Morris director 531 E. STATE ST., ITHACA NY 14850
Glenn Angiolillo director C/O NYMAGIC INC, 919 THIRD AVENUE, 10TH FLOOR, NEW YORK NY 10022
Walter Milton Schenker director 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054
Frederick A Wang director 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772
William J Ketelhut director C/O ENERGY CONVERSION DEVICES INC, 2956 WATERVIEW DR, ROCHESTER HILLS MI 48309
Paul Neil Farquhar officer: Vice President and Treasurer 3 DUXBURY PARK, FATFIELD, WASHINGTON X0 NE38 8BJ
Marvin G Schorr director NINE HAMPSHIRE STREET, MANSFIELD MA 02048-9171
Bernard F Start director
Paul B Rosenberg director
Paul O Stump director C/O TECH/OPS SEVCON, INC., 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772