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Jamf Holding (Jamf Holding) ROE % : -9.83% (As of Dec. 2023)


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What is Jamf Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jamf Holding's annualized net income for the quarter that ended in Dec. 2023 was $-69.6 Mil. Jamf Holding's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $708.5 Mil. Therefore, Jamf Holding's annualized ROE % for the quarter that ended in Dec. 2023 was -9.83%.

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

JAMF' s ROE % Range Over the Past 10 Years
Min: -19.63   Med: -8.26   Max: -3.66
Current: -15.58

During the past 6 years, Jamf Holding's highest ROE % was -3.66%. The lowest was -19.63%. And the median was -8.26%.

JAMF's ROE % is ranked worse than
73.4% of 2639 companies
in the Software industry
Industry Median: 3.1 vs JAMF: -15.58

Jamf Holding ROE % Historical Data

The historical data trend for Jamf Holding'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.

Jamf Holding ROE % Chart

Jamf Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -6.62 -3.66 -9.71 -19.63 -15.52

Jamf Holding 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 -12.48 -13.76 -20.48 -18.34 -9.83

Competitive Comparison of Jamf Holding's ROE %

For the Software - Application subindustry, Jamf Holding'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.


Jamf Holding's ROE % Distribution in the Software Industry

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

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



Jamf Holding ROE % Calculation

Jamf Holding'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 )
=-110.086/( (701.338+717.547)/ 2 )
=-110.086/709.4425
=-15.52 %

Jamf Holding'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 )
=-69.64/( (699.417+717.547)/ 2 )
=-69.64/708.482
=-9.83 %

* 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.


Jamf Holding  (NAS:JAMF) 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
=-69.64/708.482
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-69.64 / 602.58)*(602.58 / 1570.852)*(1570.852 / 708.482)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.56 %*0.3836*2.2172
=ROA %*Equity Multiplier
=-4.43 %*2.2172
=-9.83 %

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
=-69.64/708.482
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-69.64 / -65.112) * (-65.112 / -81.048) * (-81.048 / 602.58) * (602.58 / 1570.852) * (1570.852 / 708.482)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0695 * 0.8034 * -13.45 % * 0.3836 * 2.2172
=-9.83 %

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.


Jamf Holding ROE % Related Terms

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


Jamf Holding (Jamf Holding) Business Description

Traded in Other Exchanges
Address
100 Washington Avenue S, Suite 1100, Minneapolis, MN, USA, 55401
Jamf Holding Corp is the standard in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. The company helps organizations, including businesses, hospitals, schools and government agencies, connect, manage and protect Apple products, apps and corporate resources in the cloud without ever having to touch the devices. It sells its Software-as-a-Service, or SaaS, solutions via a subscription model, through a direct sales force, online and indirectly via its channel partners, including Apple. The company operates in The Americas; Europe, the Middle East, India, and Africa; and Asia Pacific.
Executives
Jason Wudi officer: Chief Technology Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Linh Lam officer: CIO C/O JAMF HOLDING CORP., 100 WASHINGTON AVE, S. SUITE 1100, MINNEAPOLIC MN 55401
Elizabeth Benz officer: CHIEF SALES OFFICER C/O JAMF HOLDING CORP., 100 WASHINGTON AVE S SUITE 1100, MINNEAPOLIS MN 55401
Beth Tschida officer: CTO C/O JAMF HOLDING CORP., 100 WASHINGTON AVE S SUITE 1100, MINNEAPOLIS MN 55401
Jeff Lendino officer: General Counsel 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Ian Goodkind officer: Chief Accounting Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Michelle Bucaria officer: CPO C/O TELADOC, INC., 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Dean Hager director, officer: Chief Exec Officer, Director C/O JAMF HOLDING CORP., 100 WASHINGTON AVE. S. SUITE 1100, MINNEAPOLIS MN 55401
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jill Putman officer: Chief Financial Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Samuel Gfall Johnson officer: Chief Customer Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
John Strosahl officer: Chief Operating Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Vista Equity Partners Fund Vi, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Vepf Vi Co Invest 1 Gp, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Etalvina Leite director 5477 VIA NICOLA, NEWBURY PARK CA 91320