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Electronics for Imaging (Electronics for Imaging) ROE %

: -10.34% (As of Mar. 2019)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Electronics for Imaging's annualized net income for the quarter that ended in Mar. 2019 was $-74.7 Mil. Electronics for Imaging's average Total Stockholders Equity over the quarter that ended in Mar. 2019 was $721.8 Mil. Therefore, Electronics for Imaging's annualized ROE % for the quarter that ended in Mar. 2019 was -10.34%.

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

EFII's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.76
* Ranked among companies with meaningful ROE % only.

Electronics for Imaging ROE % Historical Data

The historical data trend for Electronics for Imaging'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.

Electronics for Imaging Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 3.99 5.45 -1.91 -0.13

Electronics for Imaging Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -1.84 1.95 1.01 -1.65 -10.34

Competitive Comparison

For the Computer Hardware subindustry, Electronics for Imaging'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.


Electronics for Imaging ROE % Distribution

For the Hardware industry and Technology sector, Electronics for Imaging's ROE % distribution charts can be found below:

* The bar in red indicates where Electronics for Imaging's ROE % falls into.



Electronics for Imaging ROE % Calculation

Electronics for Imaging's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-0.971/( (781.311+726.108)/ 2 )
=-0.971/753.7095
=-0.13 %

Electronics for Imaging's annualized ROE % for the quarter that ended in Mar. 2019 is calculated as

ROE %=Net Income (Q: Mar. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Mar. 2019 ))/ count )
=-74.652/( (726.108+717.49)/ 2 )
=-74.652/721.799
=-10.34 %

* 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. 2019) net income data. ROE % is displayed in the 30-year financial page.


Electronics for Imaging  (NAS:EFII) 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. 2019 )
=Net Income/Total Stockholders Equity
=-74.652/721.799
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-74.652 / 894.86)*(894.86 / 1512.154)*(1512.154 / 721.799)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.34 %*0.5918*2.095
=ROA %*Equity Multiplier
=-4.94 %*2.095
=-10.34 %

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. 2019 )
=Net Income/Total Stockholders Equity
=-74.652/721.799
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-74.652 / -74.044) * (-74.044 / -42.996) * (-42.996 / 894.86) * (894.86 / 1512.154) * (1512.154 / 721.799)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0082 * 1.7221 * -4.8 % * 0.5918 * 2.095
=-10.34 %

Note: The net income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Electronics for Imaging ROE % Related Terms

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Electronics for Imaging (Electronics for Imaging) Business Description

Traded in Other Exchanges
N/A
Address
6750 Dumbarton Circle, Fremont, CA, USA, 94555
Electronics for Imaging provides digital printing services to printer manufacturers, commercial photo labs, sign shops, and billboard graphics providers. The firm operates in three segments: industrial inkjet, which provides eponymous printers to markets undergoing conversion of production from analog to digital; productivity software, which provides products to manage and streamline printing operations; and Fiery, which provides digital front ends to transform printers into networked devices for commercial and industrial use. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Europe, Middle East, and Africa, and Asia-Pacific.
Executives
Dan Maydan director
Eric F Brown director C/O POLYCOM, INC., 4750 WILLOW ROAD, PLEASANTON CA 94588
Thomas Georgens director 495 EAST JAVA DRIVE, SUNNYVALE X1 94089
Janice Chaffin director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Muir William D Jr director, officer: CHIEF EXECUTIVE OFFICER 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Richard A Kashnow director 313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025
Guy Gecht director
Vincent Pilette officer: Chief Financial Officer 303 VELOCITY WAY, FOSTER CITY CA 94404
John Ritchie officer: Chief Financial Officer 303 VELOCITY WAY, FOSTER CITY X1 94404
James S Greene director
Blum Strategic Gp Iv, L.l.c. 10 percent owner 909 MONTOGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Saddlepoint Partners Gp, L.l.c. 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Strategic Gp Iii, L.l.c. 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Capital Partners Lp 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Richard C Blum & Associates Inc 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133