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AvePoint (AvePoint) ROE % : 8.32% (As of Dec. 2023)


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What is AvePoint ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AvePoint's annualized net income for the quarter that ended in Dec. 2023 was $17.1 Mil. AvePoint's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $205.4 Mil. Therefore, AvePoint's annualized ROE % for the quarter that ended in Dec. 2023 was 8.32%.

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

AVPT' s ROE % Range Over the Past 10 Years
Min: -99.24   Med: -21.85   Max: -9.88
Current: -10.07

During the past 5 years, AvePoint's highest ROE % was -9.88%. The lowest was -99.24%. And the median was -21.85%.

AVPT's ROE % is ranked worse than
69.22% of 2638 companies
in the Software industry
Industry Median: 3.09 vs AVPT: -10.07

AvePoint ROE % Historical Data

The historical data trend for AvePoint'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.

AvePoint ROE % Chart

AvePoint Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- -99.24 -26.33 -17.36 -9.88

AvePoint Quarterly Data
Dec19 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 -22.03 -16.12 -22.97 -8.19 8.32

Competitive Comparison of AvePoint's ROE %

For the Software - Infrastructure subindustry, AvePoint'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.


AvePoint's ROE % Distribution in the Software Industry

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

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



AvePoint ROE % Calculation

AvePoint'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 )
=-21.725/( (229.147+210.599)/ 2 )
=-21.725/219.873
=-9.88 %

AvePoint'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 )
=17.076/( (200.111+210.599)/ 2 )
=17.076/205.355
=8.32 %

* 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.


AvePoint  (NAS:AVPT) 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
=17.076/205.355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.076 / 298.496)*(298.496 / 420.3965)*(420.3965 / 205.355)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.72 %*0.71*2.0472
=ROA %*Equity Multiplier
=4.06 %*2.0472
=8.32 %

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
=17.076/205.355
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (17.076 / -3.236) * (-3.236 / 3.512) * (3.512 / 298.496) * (298.496 / 420.3965) * (420.3965 / 205.355)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -5.2769 * -0.9214 * 1.18 % * 0.71 * 2.0472
=8.32 %

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.


AvePoint ROE % Related Terms

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


AvePoint (AvePoint) Business Description

Traded in Other Exchanges
N/A
Address
525 Washington Boulevard, Suite 1400, Jersey City, NJ, USA, 07310
AvePoint Inc is a Microsoft 365 data management solutions provider, offering a full suite of SaaS solutions to migrate, manage and protect data. Its products include Cloud Products, Hybrid Products; and solutions include Data Protection, Operational Governance, Records & Information Management, Microsoft Teams, SharePoint Online, Exchange Online, OneDrive for Business, Project Online, Planner, Yammer, and Public Folders.
Executives
Brian Michael Brown director, officer: COO and General Counsel C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Sixth Street Partners Management Company, L.p. 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Alan Waxman 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 345 CALIFORNIA STREET, SUITE 2600, SAN FRANCISCO CA 94104
Janet Schijns director 901 E BYRD STREET, SUITE 900, LEGAL DEPARTMENT, RICHMOND VA 23219
Sophia Wu officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Tianyi Jiang director, officer: Chief Executive Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Xunkai Gong director, 10 percent owner, other: Executive Chairman C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
James Caci officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BLVD., SUITE 1400, JERSEY CITY NJ 07310
Zhijian Lu 10 percent owner C/O AVEPOINT, INC., 525 WASHINGTON BLVD, SUITE 1400, JERSEY CITY NJ 07310
Ho John Chi On director C/O JANCHOR PARTNERS, ONE EXCHANGE SQUARE, CENTRAL K3 1608
Jeff Teper director C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Andy Yong officer: Chief Investment Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Stephen Cuunjieng director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
David K Chao director 2420 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Peter W Bell director