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MeVis Medical Solutions AG (XTER:M3V) ROE % : 34.68% (As of Sep. 2023)


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What is MeVis Medical Solutions AG ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MeVis Medical Solutions AG's annualized net income for the quarter that ended in Sep. 2023 was €6.18 Mil. MeVis Medical Solutions AG's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €17.83 Mil. Therefore, MeVis Medical Solutions AG's annualized ROE % for the quarter that ended in Sep. 2023 was 34.68%.

The historical rank and industry rank for MeVis Medical Solutions AG's ROE % or its related term are showing as below:

XTER:M3V' s ROE % Range Over the Past 10 Years
Min: 13.09   Med: 26.55   Max: 45.28
Current: 27.6

During the past 13 years, MeVis Medical Solutions AG's highest ROE % was 45.28%. The lowest was 13.09%. And the median was 26.55%.

XTER:M3V's ROE % is ranked better than
91.8% of 610 companies
in the Healthcare Providers & Services industry
Industry Median: 4.32 vs XTER:M3V: 27.60

MeVis Medical Solutions AG ROE % Historical Data

The historical data trend for MeVis Medical Solutions AG'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.

MeVis Medical Solutions AG ROE % Chart

MeVis Medical Solutions AG Annual Data
Trend Dec13 Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.28 32.00 25.50 43.69 27.60

MeVis Medical Solutions AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 23.90 38.38 49.01 20.52 34.68

Competitive Comparison of MeVis Medical Solutions AG's ROE %

For the Health Information Services subindustry, MeVis Medical Solutions AG'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.


MeVis Medical Solutions AG's ROE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MeVis Medical Solutions AG's ROE % distribution charts can be found below:

* The bar in red indicates where MeVis Medical Solutions AG's ROE % falls into.



MeVis Medical Solutions AG ROE % Calculation

MeVis Medical Solutions AG's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=4.92/( (17.826+17.826)/ 2 )
=4.92/17.826
=27.60 %

MeVis Medical Solutions AG's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=6.182/( (17.826+17.826)/ 2 )
=6.182/17.826
=34.68 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


MeVis Medical Solutions AG  (XTER:M3V) 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. 2023 )
=Net Income/Total Stockholders Equity
=6.182/17.826
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.182 / 17.74)*(17.74 / 26.214)*(26.214 / 17.826)
=Net Margin %*Asset Turnover*Equity Multiplier
=34.85 %*0.6767*1.4705
=ROA %*Equity Multiplier
=23.58 %*1.4705
=34.68 %

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. 2023 )
=Net Income/Total Stockholders Equity
=6.182/17.826
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6.182 / 6.282) * (6.282 / 4.93) * (4.93 / 17.74) * (17.74 / 26.214) * (26.214 / 17.826)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9841 * 1.2742 * 27.79 % * 0.6767 * 1.4705
=34.68 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


MeVis Medical Solutions AG ROE % Related Terms

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MeVis Medical Solutions AG (XTER:M3V) Business Description

Traded in Other Exchanges
Address
Caroline-Herschel-Strasse 1, Bremen, DEU, 28359
MeVis Medical Solutions AG is a provider of medical software products. The company markets its products to equipment manufacturer of medical devices and providers of medical information technology platforms. Its segment includes Digital mammography and Other diagnostics. The Digital mammography segment develops and markets software products which assist in breast diagnostic imaging and intervention. Its Other diagnostics segment consists of digital radiology products. In addition, it also provides the general analysis of radiology images. The company's geographical area of operations includes the United States of America and Europe.

MeVis Medical Solutions AG (XTER:M3V) Headlines

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