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Cambium Networks (Cambium Networks) ROE % : -200.25% (As of Dec. 2023)


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What is Cambium Networks ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cambium Networks's annualized net income for the quarter that ended in Dec. 2023 was $-211.4 Mil. Cambium Networks's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $105.6 Mil. Therefore, Cambium Networks's annualized ROE % for the quarter that ended in Dec. 2023 was -200.25%.

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

CMBM' s ROE % Range Over the Past 10 Years
Min: -181.85   Med: 25.83   Max: Negative Equity
Current: -58.38

During the past 8 years, Cambium Networks's highest ROE % was Negative Equity%. The lowest was -181.85%. And the median was 25.83%.

CMBM's ROE % is ranked worse than
95.28% of 2413 companies
in the Hardware industry
Industry Median: 4.57 vs CMBM: -58.38

Cambium Networks ROE % Historical Data

The historical data trend for Cambium Networks'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.

Cambium Networks ROE % Chart

Cambium Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -181.85 35.96 42.64 15.69 -68.42

Cambium Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.10 11.48 -6.89 -73.73 -200.25

Competitive Comparison of Cambium Networks's ROE %

For the Communication Equipment subindustry, Cambium Networks'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.


Cambium Networks's ROE % Distribution in the Hardware Industry

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

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



Cambium Networks ROE % Calculation

Cambium Networks's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-77.42/( (145.373+80.934)/ 2 )
=-77.42/113.1535
=-68.42 %

Cambium Networks's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-211.416/( (130.223+80.934)/ 2 )
=-211.416/105.5785
=-200.25 %

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


Cambium Networks  (NAS:CMBM) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-211.416/105.5785
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-211.416 / 160.824)*(160.824 / 231.8695)*(231.8695 / 105.5785)
=Net Margin %*Asset Turnover*Equity Multiplier
=-131.46 %*0.6936*2.1962
=ROA %*Equity Multiplier
=-91.18 %*2.1962
=-200.25 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-211.416/105.5785
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-211.416 / -169.324) * (-169.324 / -166.464) * (-166.464 / 160.824) * (160.824 / 231.8695) * (231.8695 / 105.5785)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2486 * 1.0172 * -103.51 % * 0.6936 * 2.1962
=-200.25 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Cambium Networks ROE % Related Terms

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


Cambium Networks (Cambium Networks) Business Description

Traded in Other Exchanges
Address
C/o Cambium Networks, Inc, 3800 Golf Road, Suite 360, Rolling Meadows, IL, USA, 60008
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises, and government agencies. The company's scalable, reliable and high-performance solutions create a purpose-built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, the company sells through a range of distributors overseas.
Executives
Vikram Verma director 810 WEST MAUDE AVENUE, SUNNYVALE CA 94085
Kevin J Lynch director 201 POST STREET, SUITE 1000, SAN FRANCISCO CA 94108
Archana Nirwan officer: Chief Human Resources Officer 5470 CAMINITO EXQUISITO, SAN DIEGO CA 92130
John Monroy Becerril officer: Controller & Chief Acct Off'r C/O CAMBIUM NETWORKS, INC., 3800 GOLF ROAD, SUITE 360, ROLLING MEADOWS IL 60008
Andrew P Bronstein officer: CFO 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Felt Bruce C. Jr. director C/O SUCCESSFACTORS, INC., 1500 FASHION ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Neal M Kurk other: Relative of CEO/Director RR 1, WEARE NH 03281
Kurk Morgan C S director, officer: President and CEO C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Sally Rau officer: General Counsel PO BOX 59366, SCHAUMBURG IL 60159
Vibhu Vivek officer: Senior VP, Products 136 MILL CREEK ROAD, FREMONT CA 94539
Ronald G Ryan officer: Senior VP, Gbl Channel Mgmt 3355 RYAN TRAIL, MCKINNEY TX 75071
Scott Imhoff officer: Senior VP, Product Mgmt 653 BENT RIDGE LANE, BARRINGTON IL 60010
Graaf Raymond De officer: Senior VP, Operations C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Alexander R Slusky director, 10 percent owner 456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Robert S Amen director, 10 percent owner C/O CAMBIUM NETWORKS CORPORATION, 38 GOLF ROAD, SUITE 360, ROLLING MEADOWS IL 60008