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Matterport (Matterport) ROE % : -32.88% (As of Dec. 2023)


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What is Matterport ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Matterport's annualized net income for the quarter that ended in Dec. 2023 was $-175.8 Mil. Matterport's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $534.7 Mil. Therefore, Matterport's annualized ROE % for the quarter that ended in Dec. 2023 was -32.88%.

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

MTTR' s ROE % Range Over the Past 10 Years
Min: -458.5   Med: -35.77   Max: -26.13
Current: -35.87

During the past 4 years, Matterport's highest ROE % was -26.13%. The lowest was -458.50%. And the median was -35.77%.

MTTR's ROE % is ranked worse than
82.18% of 2638 companies
in the Software industry
Industry Median: 3.06 vs MTTR: -35.87

Matterport ROE % Historical Data

The historical data trend for Matterport'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.

Matterport ROE % Chart

Matterport Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- -458.50 -26.13 -35.77

Matterport Quarterly Data
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 -40.58 -37.33 -40.33 -32.80 -32.88

Competitive Comparison of Matterport's ROE %

For the Software - Application subindustry, Matterport'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.


Matterport's ROE % Distribution in the Software Industry

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

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



Matterport ROE % Calculation

Matterport'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 )
=-199.077/( (583.911+529.284)/ 2 )
=-199.077/556.5975
=-35.77 %

Matterport'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 )
=-175.78/( (540.056+529.284)/ 2 )
=-175.78/534.67
=-32.88 %

* 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.


Matterport  (NAS:MTTR) 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
=-175.78/534.67
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-175.78 / 158.18)*(158.18 / 583.1805)*(583.1805 / 534.67)
=Net Margin %*Asset Turnover*Equity Multiplier
=-111.13 %*0.2712*1.0907
=ROA %*Equity Multiplier
=-30.14 %*1.0907
=-32.88 %

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
=-175.78/534.67
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-175.78 / -175.832) * (-175.832 / -196.56) * (-196.56 / 158.18) * (158.18 / 583.1805) * (583.1805 / 534.67)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9997 * 0.8945 * -124.26 % * 0.2712 * 1.0907
=-32.88 %

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.


Matterport ROE % Related Terms

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


Matterport (Matterport) Business Description

Traded in Other Exchanges
Address
352 East Java Drive, Sunnyvale, CA, USA, 94089
Matterport Inc is a spatial data company focused on digitizing and indexing the built world. Its all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin which can be used to design, build, operate, promote, and understand any space.
Executives
James Daniel Fay officer: Chief Financial Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Raymond J Pittman director, officer: See Remarks C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Peter Presunka officer: Chief Accounting Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Jay Remley officer: Chief Revenue Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Japjit Tulsi officer: Chief Technology Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Jason Krikorian director C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Peter Hebert director, 10 percent owner C/O LUX VENTURES, 295 MADISON AVE, 24TH FLOOR, NEW YORK NY 10017
Matthew Zinn officer: Chief Legal Officer 2160 GOLD STREET, ALVISO CA 95002
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Lux Ventures Iii Special Founders Fund, L.p. 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Michael B Gustafson director 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Brandt Walter Kucharski officer: Chief Accounting Officer 111 W WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602
Lux Ventures Cayman Iii, L.p. 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Opportunities, L.p. 10 percent owner C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010