Cohu Inc (COHU)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 28,156 | 51,812 | 72,779 | 90,963 | 96,847 | 96,108 | 94,959 | 161,287 | 167,325 | 161,297 | 130,918 | 31,082 | -13,801 | -45,928 | -49,750 | -64,333 | -69,700 | -109,188 | -93,917 | -62,946 |
| Total stockholders’ equity | US$ in thousands | 950,170 | 946,236 | 953,393 | 938,779 | 928,841 | 881,811 | 894,452 | 886,897 | 882,502 | 871,979 | 850,231 | 749,474 | 512,288 | 474,609 | 466,758 | 464,884 | 483,072 | 491,753 | 514,805 | 528,670 |
| ROE | 2.96% | 5.48% | 7.63% | 9.69% | 10.43% | 10.90% | 10.62% | 18.19% | 18.96% | 18.50% | 15.40% | 4.15% | -2.69% | -9.68% | -10.66% | -13.84% | -14.43% | -22.20% | -18.24% | -11.91% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $28,156K ÷ $950,170K
= 2.96%
The return on equity (ROE) for Cohu Inc has exhibited fluctuations over the periods indicated. The ROE ranged from -22.20% on Dec 31, 2018, to a peak of 18.96% on Mar 31, 2022. Notably, the ROE improved from negative values in early 2020 to positive values in the latter part of 2020 and beyond. This suggests that Cohu Inc has made progress in efficiently utilizing its equity to generate profits for shareholders. However, there are periods where the ROE dipped into negative territory, indicating challenges in generating profits relative to shareholders' equity. Overall, the trend demonstrates variability in the company's ability to generate returns on equity, with some periods showing stronger performance than others.
Peer comparison
Dec 31, 2023