Descartes Systems Group Overview
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+ Follow11.45%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Descartes Systems Group posts a ROE of 11.45%. That is below the Technology sector average of 40.55%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Technology stocks, a ROE near 40.55% is typical. Descartes Systems Group's 11.45% is lower that level. That is roughly 71.8% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Descartes Systems Group's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 11.45%; use YoY and peer views to separate noise from signal.
Context for DSGX's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 40.55%), and (3) consistency with growth and profitability. This page covers the first two; Descartes Systems Group's other metric pages and overview cover the third.
Judging Descartes Systems Group against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in ROE easier to interpret. Start with 11.45% here, then scan peer and history charts to see if the gap is persistent.
