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MDB (MongoDB) ROE % : -16.57% (As of Jul. 2024)


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What is MongoDB ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MongoDB's annualized net income for the quarter that ended in Jul. 2024 was $-218 Mil. MongoDB's average Total Stockholders Equity over the quarter that ended in Jul. 2024 was $1,316 Mil. Therefore, MongoDB's annualized ROE % for the quarter that ended in Jul. 2024 was -16.57%.

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

MDB' s ROE % Range Over the Past 10 Years
Min: -646.83   Med: -70.61   Max: -19.53
Current: -19.79

During the past 9 years, MongoDB's highest ROE % was -19.53%. The lowest was -646.83%. And the median was -70.61%.

MDB's ROE % is ranked worse than
78.32% of 2638 companies
in the Software industry
Industry Median: 4.28 vs MDB: -19.79

MongoDB ROE % Historical Data

The historical data trend for MongoDB'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.

MongoDB ROE % Chart

MongoDB Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Get a 7-Day Free Trial Premium Member Only -101.04 -646.83 -92.10 -49.12 -19.53

MongoDB Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -17.93 -12.65 -21.79 -27.57 -16.57

Competitive Comparison of MongoDB's ROE %

For the Software - Infrastructure subindustry, MongoDB'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.


MongoDB's ROE % Distribution in the Software Industry

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

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



MongoDB ROE % Calculation

MongoDB's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=-176.6/( (739.508+1068.989)/ 2 )
=-176.6/904.2485
=-19.53 %

MongoDB's annualized ROE % for the quarter that ended in Jul. 2024 is calculated as

ROE %=Net Income (Q: Jul. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Jul. 2024 ))/ count )
=-218.116/( (1269.256+1363.047)/ 2 )
=-218.116/1316.1515
=-16.57 %

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


MongoDB  (NAS:MDB) 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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=-218.116/1316.1515
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-218.116 / 1912.436)*(1912.436 / 3082.8295)*(3082.8295 / 1316.1515)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.41 %*0.6204*2.3423
=ROA %*Equity Multiplier
=-7.08 %*2.3423
=-16.57 %

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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=-218.116/1316.1515
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-218.116 / -202.528) * (-202.528 / -285.76) * (-285.76 / 1912.436) * (1912.436 / 3082.8295) * (3082.8295 / 1316.1515)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.077 * 0.7087 * -14.94 % * 0.6204 * 2.3423
=-16.57 %

Note: The net income data used here is four times the quarterly (Jul. 2024) net income data. The Revenue data used here is four times the quarterly (Jul. 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.


MongoDB ROE % Related Terms

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


MongoDB Business Description

Traded in Other Exchanges
Address
1633 Broadway, 38th Floor, New York, NY, USA, 10019
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Executives
Hope F Cochran director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Dwight A Merriman director C/O MONGODB, INC., 229 WEST 43RD STREET, 5TH FLOOR, NEW YORK NY 10036
Michael Lawrence Gordon officer: Chief Financial Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Cedric Pech officer: Chief Revenue Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Thomas Bull officer: Principal Accounting Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Dev Ittycheria director, officer: President & CEO C/O MONGO DB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Archana Agrawal director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
John Dennis Mcmahon director C/O BLADELOGIC, INC., 10 MAGUIRE STREET, BUILDING 3, LEXINGTON MA 02421
Roelof Botha director, 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Mark Porter director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Hazard Charles M Jr director, 10 percent owner 136 SUDBURY ROAD, WESTON MA 02493
Eliot Horowitz director, officer: Chief Technology Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Francisco Dsouza director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Kevin P Ryan director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Meagen Eisenberg officer: Chief Marketing Officer C/O MONGO DB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019

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