GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Addvalue Technologies Ltd (SGX:A31) » Definitions » ROE %

Addvalue Technologies (SGX:A31) ROE % : 1.65% (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Addvalue Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Addvalue Technologies's annualized net income for the quarter that ended in Sep. 2024 was S$0.13 Mil. Addvalue Technologies's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was S$8.14 Mil. Therefore, Addvalue Technologies's annualized ROE % for the quarter that ended in Sep. 2024 was 1.65%.

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

SGX:A31' s ROE % Range Over the Past 10 Years
Min: -156.17   Med: -54.96   Max: 28.36
Current: 16.61

During the past 13 years, Addvalue Technologies's highest ROE % was 28.36%. The lowest was -156.17%. And the median was -54.96%.

SGX:A31's ROE % is ranked better than
87.78% of 2390 companies
in the Hardware industry
Industry Median: 4.34 vs SGX:A31: 16.61

Addvalue Technologies ROE % Historical Data

The historical data trend for Addvalue Technologies'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.

Addvalue Technologies ROE % Chart

Addvalue Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.36 -76.27 -156.17 -72.16 4.65

Addvalue Technologies Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -38.87 -55.70 -23.39 32.07 1.65

Competitive Comparison of Addvalue Technologies's ROE %

For the Communication Equipment subindustry, Addvalue Technologies'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.


Addvalue Technologies's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Addvalue Technologies's ROE % distribution charts can be found below:

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



Addvalue Technologies ROE % Calculation

Addvalue Technologies's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=0.373/( (7.816+8.223)/ 2 )
=0.373/8.0195
=4.65 %

Addvalue Technologies's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=0.134/( (8.223+8.066)/ 2 )
=0.134/8.1445
=1.65 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Addvalue Technologies  (SGX:A31) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0.134/8.1445
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.134 / 14.77)*(14.77 / 29.3)*(29.3 / 8.1445)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.91 %*0.5041*3.5975
=ROA %*Equity Multiplier
=0.46 %*3.5975
=1.65 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0.134/8.1445
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.134 / 0.134) * (0.134 / 0.884) * (0.884 / 14.77) * (14.77 / 29.3) * (29.3 / 8.1445)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.1516 * 5.99 % * 0.5041 * 3.5975
=1.65 %

Note: The net income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 2024) 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.


Addvalue Technologies ROE % Related Terms

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


Addvalue Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 01-11, 202 Bedok South Avenue 1, Singapore, SGP, 469332
Addvalue Technologies Ltd manufactures digital, wireless, and broadband communications technology products. It provides satellite-based communication terminals and solutions for a variety of voice and internet protocol-based data applications. The company is engaged in single business divisions: the Sale of finished products and components and Design service income. It has classified its business in various geographic segments Europe, the Middle East, and Africa; North America, and the Asia Pacific. The Asia Pacific segment generates the maximum revenue for the company. Its Asia Pacific segment includes sales made to customers based in Singapore, Malaysia, Korea, China, Philippines,Australia, Japan and other countries within the region.

Addvalue Technologies Headlines

No Headlines