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Yudiz Solutions (NSE:YUDIZ) ROE % : 70.96% (As of Mar. 2023)


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What is Yudiz Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yudiz Solutions's annualized net income for the quarter that ended in Mar. 2023 was ₹65.9 Mil. Yudiz Solutions's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was ₹92.9 Mil. Therefore, Yudiz Solutions's annualized ROE % for the quarter that ended in Mar. 2023 was 70.96%.

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

NSE:YUDIZ' s ROE % Range Over the Past 10 Years
Min: -1.26   Med: 14.18   Max: 32.66
Current: 32.66

During the past 4 years, Yudiz Solutions's highest ROE % was 32.66%. The lowest was -1.26%. And the median was 14.18%.

NSE:YUDIZ's ROE % is ranked better than
91.86% of 2640 companies
in the Software industry
Industry Median: 3.24 vs NSE:YUDIZ: 32.66

Yudiz Solutions ROE % Historical Data

The historical data trend for Yudiz Solutions'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.

Yudiz Solutions ROE % Chart

Yudiz Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23
ROE %
-1.26 16.13 12.23 31.30

Yudiz Solutions Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
ROE % - - - -15.15 70.96

Competitive Comparison of Yudiz Solutions's ROE %

For the Information Technology Services subindustry, Yudiz Solutions'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.


Yudiz Solutions's ROE % Distribution in the Software Industry

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

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



Yudiz Solutions ROE % Calculation

Yudiz Solutions's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=27.517/( (66.903+108.921)/ 2 )
=27.517/87.912
=31.30 %

Yudiz Solutions's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=65.93/( (76.91+108.921)/ 2 )
=65.93/92.9155
=70.96 %

* 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 two times the semi-annual (Mar. 2023) net income data. ROE % is displayed in the 30-year financial page.


Yudiz Solutions  (NSE:YUDIZ) 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. 2023 )
=Net Income/Total Stockholders Equity
=65.93/92.9155
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(65.93 / 328.034)*(328.034 / 150.549)*(150.549 / 92.9155)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.1 %*2.1789*1.6203
=ROA %*Equity Multiplier
=43.8 %*1.6203
=70.96 %

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. 2023 )
=Net Income/Total Stockholders Equity
=65.93/92.9155
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (65.93 / 89.262) * (89.262 / 95.328) * (95.328 / 328.034) * (328.034 / 150.549) * (150.549 / 92.9155)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7386 * 0.9364 * 29.06 % * 2.1789 * 1.6203
=70.96 %

Note: The net income data used here is two times the semi-annual (Mar. 2023) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Yudiz Solutions ROE % Related Terms

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


Yudiz Solutions (NSE:YUDIZ) Business Description

Traded in Other Exchanges
N/A
Address
Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054
Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

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