MAGIC SOFTWARE ENTERPRISES LTD. (RMTHF) Return on equity 2012–2018
MAGIC SOFTWARE ENTERPRISES LTD. (RMTHF) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
8.2%FY2018 · since FY2012: 13.7% → 8.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | 8.2% | +0.8 pp |
| FY2017 | 7.3% | +0.1 pp |
| FY2016 | 7.2% | -1.3 pp |
| FY2015 | 8.5% | +0.1 pp |
| FY2014 | 8.4% | -4.0 pp |
| FY2013 | 12.4% | -1.3 pp |
| FY2012 | 13.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice