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Braze (BRZE) ROE % : -25.63% (As of Jan. 2024)


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What is Braze ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Braze's annualized net income for the quarter that ended in Jan. 2024 was $-113.1 Mil. Braze's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $441.2 Mil. Therefore, Braze's annualized ROE % for the quarter that ended in Jan. 2024 was -25.63%.

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

BRZE' s ROE % Range Over the Past 10 Years
Min: -39.04   Med: -29.35   Max: -29.04
Current: -29.31

During the past 5 years, Braze's highest ROE % was -29.04%. The lowest was -39.04%. And the median was -29.35%.

BRZE's ROE % is ranked worse than
79.95% of 2639 companies
in the Software industry
Industry Median: 3.17 vs BRZE: -29.31

Braze ROE % Historical Data

The historical data trend for Braze'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.

Braze ROE % Chart

Braze Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
- - -39.04 -29.35 -29.04

Braze Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -29.81 -34.94 -28.96 -27.99 -25.63

Competitive Comparison of Braze's ROE %

For the Software - Application subindustry, Braze'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.


Braze's ROE % Distribution in the Software Industry

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

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



Braze ROE % Calculation

Braze'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 )
=-129.166/( (445.303+444.233)/ 2 )
=-129.166/444.768
=-29.04 %

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

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=-113.108/( (438.238+444.233)/ 2 )
=-113.108/441.2355
=-25.63 %

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


Braze  (NAS:BRZE) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-113.108/441.2355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-113.108 / 523.828)*(523.828 / 789.928)*(789.928 / 441.2355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-21.59 %*0.6631*1.7903
=ROA %*Equity Multiplier
=-14.32 %*1.7903
=-25.63 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-113.108/441.2355
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-113.108 / -111.756) * (-111.756 / -129.172) * (-129.172 / 523.828) * (523.828 / 789.928) * (789.928 / 441.2355)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0121 * 0.8652 * -24.66 % * 0.6631 * 1.7903
=-25.63 %

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


Braze ROE % Related Terms

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


Braze (BRZE) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, Floor 18, New York, NY, USA, 10001
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.
Executives
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Pankaj Malik officer: Chief Accounting Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Myles Kleeger officer: Pres & Chief Customer Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Jonathan Hyman officer: Chief Technology Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Chelsea R. Stoner 10 percent owner C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Susan Wiseman officer: General Counsel C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Russell L Fleischer 10 percent owner 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Battery Partners Xi Side Fund, Llc 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Michael Maurice Brown 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Isabelle Winkles officer: Chief Financial Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
William Magnuson director, officer: Chief Executive Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Scott R Tobin 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Dharmesh Thakker 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Jesse Feldman 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Fernando Machado director 5707 BLUE LAGOON DRIVE, MIAMI FL 33126