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Mandiant (Mandiant) ROE % : -20.20% (As of Jun. 2022)


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What is Mandiant ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mandiant's annualized net income for the quarter that ended in Jun. 2022 was $-362.0 Mil. Mandiant's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $1,792.2 Mil. Therefore, Mandiant's annualized ROE % for the quarter that ended in Jun. 2022 was -20.20%.

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

MNDT' s ROE % Range Over the Past 10 Years
Min: -51.49   Med: -38.08   Max: 58.21
Current: 54.62

During the past 12 years, Mandiant's highest ROE % was 58.21%. The lowest was -51.49%. And the median was -38.08%.

MNDT's ROE % is not ranked
in the Software industry.
Industry Median: 3.06 vs MNDT: 54.62

Mandiant ROE % Historical Data

The historical data trend for Mandiant'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.

Mandiant ROE % Chart

Mandiant Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.71 -37.91 -38.08 -22.59 59.40

Mandiant Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -23.78 -26.43 297.25 -19.56 -20.20

Competitive Comparison of Mandiant's ROE %

For the Software - Infrastructure subindustry, Mandiant'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.


Mandiant's ROE % Distribution in the Software Industry

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

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



Mandiant ROE % Calculation

Mandiant's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=916.141/( (1133.955+1950.644)/ 2 )
=916.141/1542.2995
=59.40 %

Mandiant's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=-361.964/( (1813.552+1770.899)/ 2 )
=-361.964/1792.2255
=-20.20 %

* 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 (Jun. 2022) net income data. ROE % is displayed in the 30-year financial page.


Mandiant  (NAS:MNDT) 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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-361.964/1792.2255
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-361.964 / 551.68)*(551.68 / 3293.8245)*(3293.8245 / 1792.2255)
=Net Margin %*Asset Turnover*Equity Multiplier
=-65.61 %*0.1675*1.8378
=ROA %*Equity Multiplier
=-10.99 %*1.8378
=-20.20 %

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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-361.964/1792.2255
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-361.964 / -359.664) * (-359.664 / -350.26) * (-350.26 / 551.68) * (551.68 / 3293.8245) * (3293.8245 / 1792.2255)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0064 * 1.0268 * -63.49 % * 0.1675 * 1.8378
=-20.20 %

Note: The net income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Mandiant ROE % Related Terms

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


Mandiant (Mandiant) Business Description

Traded in Other Exchanges
N/A
Address
11951 Freedom Drive, 6th Floor, Reston, VA, USA, 20190
Mandiant (formally FireEye,) is a pure-play cybersecurity firm that focuses on incident response, threat intelligence, automated response, and managed security. Mandiant's security experts can be used on demand or customers can outsource their security to Mandiant. The California-based company sells security solutions worldwide, and sold its FireEye products division in October 2021.
Executives
William T Robbins officer: EVP, WW Sales NUANCE COMMUNICATIONS INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Frank Verdecanna officer: Interim CFO C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
James Medina officer: SVP, Finance, CC & CAO 1875 LAWRENCE STREET SUITE 1100 DENVER CO 80202
John P. Watters officer: President & COO 601 MCCARTHY BLVD. MILPITAS CA 95035
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kevin R. Mandia officer: SVP & Chief Operating Officer 1440 MCCARTHY BLVD MILPITAS CA 95035
Alexa King officer: SVP and General Counsel C/O FIREEYE, INC. 1440 MCCARTHY BOULEVARD MILPITAS CA 95035
Viral Patel director C/O THE BLACKSTONE GROUP INC. 345 PARK AVENUE NEW YORK NY 10154
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Peter Bailey officer: EVP & COO ONE MEMORIAL DRIVE BOSTON MA 02142
Travis M. Reese officer: President C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035
Adrian Mcdermott director C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Robert E Switz director 13625 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
David G Dewalt director, officer: Chief Executive Officer