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CXApp (CXAI) ROE % : 10.05% (As of Sep. 2023)


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What is CXApp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CXApp's annualized net income for the quarter that ended in Sep. 2023 was $5.76 Mil. CXApp's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $57.38 Mil. Therefore, CXApp's annualized ROE % for the quarter that ended in Sep. 2023 was 10.05%.

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

CXAI' s ROE % Range Over the Past 10 Years
Min: 3.64   Med: 5.06   Max: 45.53
Current: 45.53

During the past 3 years, CXApp's highest ROE % was 45.53%. The lowest was 3.64%. And the median was 5.06%.

CXAI's ROE % is ranked better than
94.93% of 2641 companies
in the Software industry
Industry Median: 3.33 vs CXAI: 45.53

CXApp ROE % Historical Data

The historical data trend for CXApp'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.

CXApp ROE % Chart

CXApp Annual Data
Trend Dec20 Dec21 Dec22
ROE %
- 3.64 6.47

CXApp Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -671.11 3,578.79 -53.29 -82.26 10.05

Competitive Comparison of CXApp's ROE %

For the Software - Application subindustry, CXApp'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.


CXApp's ROE % Distribution in the Software Industry

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

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



CXApp ROE % Calculation

CXApp's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=8.347/( (257.666+0.199)/ 2 )
=8.347/128.9325
=6.47 %

CXApp's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=5.764/( (50.88+63.882)/ 2 )
=5.764/57.381
=10.05 %

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


CXApp  (NAS:CXAI) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=5.764/57.381
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.764 / 7.08)*(7.08 / 72.9445)*(72.9445 / 57.381)
=Net Margin %*Asset Turnover*Equity Multiplier
=81.41 %*0.0971*1.2712
=ROA %*Equity Multiplier
=7.9 %*1.2712
=10.05 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=5.764/57.381
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.764 / 4.096) * (4.096 / -16.796) * (-16.796 / 7.08) * (7.08 / 72.9445) * (72.9445 / 57.381)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.4072 * -0.2439 * -237.23 % * 0.0971 * 1.2712
=10.05 %

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


CXApp ROE % Related Terms

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


CXApp (CXAI) Business Description

Traded in Other Exchanges
N/A
Address
Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306
CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from-anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.
Executives
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Khurram P Sheikh director, 10 percent owner, officer: CEO and CFO 1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Leon Papkoff officer: Chief Product Officer C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Shanti Priya director C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
George Mathai director C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Michael D Angel officer: Chief Financial Officer 935 STEWART DR, SUNNYVALE CA 94085
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc other: See Footnote 2 399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd. 10 percent owner MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Allen Salmasi director C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Eric Zimits officer: Secretary and CCDO C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306

CXApp (CXAI) Headlines

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