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Marley Spoon SE (ASX:MMM) ROE % : 0.00% (As of Dec. 2023)


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What is Marley Spoon SE ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marley Spoon SE's annualized net income for the quarter that ended in Dec. 2023 was A$-70.5 Mil. Marley Spoon SE's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was A$-60.4 Mil. Therefore, Marley Spoon SE's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

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

ASX:MMM's ROE % is not ranked *
in the Restaurants industry.
Industry Median: 7.89
* Ranked among companies with meaningful ROE % only.

Marley Spoon SE ROE % Historical Data

The historical data trend for Marley Spoon SE'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.

Marley Spoon SE ROE % Chart

Marley Spoon SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
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Marley Spoon SE Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Marley Spoon SE's ROE %

For the Restaurants subindustry, Marley Spoon SE'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.


Marley Spoon SE's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marley Spoon SE's ROE % distribution charts can be found below:

* The bar in red indicates where Marley Spoon SE's ROE % falls into.



Marley Spoon SE ROE % Calculation

Marley Spoon SE'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 )
=-72.167/( (-65.203+-76.696)/ 2 )
=-72.167/-70.9495
=N/A %

Marley Spoon SE's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-70.5/( (-44.167+-76.696)/ 2 )
=-70.5/-60.4315
=N/A %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Marley Spoon SE  (ASX:MMM) 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
=-70.5/-60.4315
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.5 / 492.26)*(492.26 / 186.169)*(186.169 / -60.4315)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.32 %*2.6442*N/A
=ROA %*Equity Multiplier
=-37.86 %*N/A
=N/A %

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
=-70.5/-60.4315
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-70.5 / -71.318) * (-71.318 / -76.528) * (-76.528 / 492.26) * (492.26 / 186.169) * (186.169 / -60.4315)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9885 * 0.9319 * -15.55 % * 2.6442 * N/A
=N/A %

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


Marley Spoon SE ROE % Related Terms

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


Marley Spoon SE (ASX:MMM) Business Description

Traded in Other Exchanges
Address
Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999
Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.

Marley Spoon SE (ASX:MMM) Headlines