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FDS Networks Group (SGX:F07) ROE % : -215.22% (As of Jun. 2013)


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What is FDS Networks Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FDS Networks Group's annualized net income for the quarter that ended in Jun. 2013 was S$-2.59 Mil. FDS Networks Group's average Total Stockholders Equity over the quarter that ended in Jun. 2013 was S$1.20 Mil. Therefore, FDS Networks Group's annualized ROE % for the quarter that ended in Jun. 2013 was -215.22%.

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

SGX:F07's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.64
* Ranked among companies with meaningful ROE % only.

FDS Networks Group ROE % Historical Data

The historical data trend for FDS Networks Group'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.

FDS Networks Group ROE % Chart

FDS Networks Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
ROE %
Get a 7-Day Free Trial -36.78 19.67 6.97 -7.15 -59.59

FDS Networks Group Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
ROE % Get a 7-Day Free Trial -1.85 -12.54 -41.22 -231.14 -215.22

Competitive Comparison of FDS Networks Group's ROE %

For the Communication Equipment subindustry, FDS Networks Group'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.


FDS Networks Group's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FDS Networks Group's ROE % distribution charts can be found below:

* The bar in red indicates where FDS Networks Group's ROE % falls into.



FDS Networks Group ROE % Calculation

FDS Networks Group's annualized ROE % for the fiscal year that ended in Dec. 2012 is calculated as

ROE %=Net Income (A: Dec. 2012 )/( (Total Stockholders Equity (A: Dec. 2011 )+Total Stockholders Equity (A: Dec. 2012 ))/ count )
=-2.26/( (7.094+0.491)/ 2 )
=-2.26/3.7925
=-59.59 %

FDS Networks Group's annualized ROE % for the quarter that ended in Jun. 2013 is calculated as

ROE %=Net Income (Q: Jun. 2013 )/( (Total Stockholders Equity (Q: Dec. 2012 )+Total Stockholders Equity (Q: Jun. 2013 ))/ count )
=-2.588/( (0.491+1.914)/ 2 )
=-2.588/1.2025
=-215.22 %

* 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 (Jun. 2013) net income data. ROE % is displayed in the 30-year financial page.


FDS Networks Group  (SGX:F07) 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. 2013 )
=Net Income/Total Stockholders Equity
=-2.588/1.2025
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.588 / 0)*(0 / 2.936)*(2.936 / 1.2025)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*2.4416
=ROA %*Equity Multiplier
=N/A %*2.4416
=-215.22 %

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. 2013 )
=Net Income/Total Stockholders Equity
=-2.588/1.2025
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.588 / -2.588) * (-2.588 / -2.588) * (-2.588 / 0) * (0 / 2.936) * (2.936 / 1.2025)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * N/A % * 0 * 2.4416
=-215.22 %

Note: The net income data used here is two times the semi-annual (Jun. 2013) net income data. The Revenue data used here is two times the semi-annual (Jun. 2013) 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.


FDS Networks Group ROE % Related Terms

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FDS Networks Group (SGX:F07) Business Description

Traded in Other Exchanges
N/A
Address
FDS Networks Group Ltd., is incorporated in Bermuda. The Company is an investment holding company. The Company operates in four segments namely Network system integration, Distribution of networking products, Provision of technical services, and Asset management. The Network system integration segment designs and implements integrated telecommunication and/or data communication networks. Distribution of networking products segment is involved in the distribution of networking and communications hardware products covers cables, adapters, modems, multiplexers, routers, switches, frame relay products and security encryption products. Provision of technical services segment relates to after-sales technical support and services pursuant to agreed maintenance contracts. Asset management segment relates to activities on investments in quoted equities instruments.

FDS Networks Group (SGX:F07) Headlines

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