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QuantumScape (QuantumScape) ROE % : -37.18% (As of Mar. 2024)


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What is QuantumScape ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. QuantumScape's annualized net income for the quarter that ended in Mar. 2024 was $-482.59 Mil. QuantumScape's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $1,298.14 Mil. Therefore, QuantumScape's annualized ROE % for the quarter that ended in Mar. 2024 was -37.18%.

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

QS' s ROE % Range Over the Past 10 Years
Min: -672.09   Med: -33.52   Max: -4.69
Current: -35.73

During the past 5 years, QuantumScape's highest ROE % was -4.69%. The lowest was -672.09%. And the median was -33.52%.

QS's ROE % is ranked worse than
92.67% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 7.425 vs QS: -35.73

QuantumScape ROE % Historical Data

The historical data trend for QuantumScape'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.

QuantumScape ROE % Chart

QuantumScape Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
-34.49 -672.09 -4.69 -28.17 -33.52

QuantumScape Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -32.51 -38.11 -34.03 -32.98 -37.18

Competitive Comparison of QuantumScape's ROE %

For the Auto Parts subindustry, QuantumScape'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.


QuantumScape's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, QuantumScape's ROE % distribution charts can be found below:

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



QuantumScape ROE % Calculation

QuantumScape'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 )
=-445.145/( (1317.84+1338.407)/ 2 )
=-445.145/1328.1235
=-33.52 %

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

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-482.592/( (1338.407+1257.872)/ 2 )
=-482.592/1298.1395
=-37.18 %

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


QuantumScape  (NYSE:QS) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-482.592/1298.1395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-482.592 / 0)*(0 / 1482.978)*(1482.978 / 1298.1395)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1424
=ROA %*Equity Multiplier
=N/A %*1.1424
=-37.18 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-482.592/1298.1395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-482.592 / -482.512) * (-482.512 / -527.604) * (-527.604 / 0) * (0 / 1482.978) * (1482.978 / 1298.1395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0002 * 0.9145 * N/A % * 0 * 1.1424
=-37.18 %

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


QuantumScape ROE % Related Terms

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


QuantumScape (QuantumScape) Business Description

Traded in Other Exchanges
Address
1730 Technology Drive, San Jose, CA, USA, 95110
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Executives
Jurgen Leohold director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Mohit Singh officer: Chief Development Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Kevin Hettrich officer: Chief Financial Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Jeffrey B Straubel director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Mccarthy Michael O Iii officer: Chief Legal Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Srinivasan Sivaram officer: President C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Timothy Holme officer: Chief Technology Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Jagdeep Singh director, 10 percent owner, officer: Chief Executive Officer, other: Chairman C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Fritz Prinz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Susan Huppertz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134