GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saif Powertec Ltd (DHA:SAIFPOWER) » Definitions » ROE %

Saif Powertec (DHA:SAIFPOWER) ROE % : 4.23% (As of Dec. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Saif Powertec ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saif Powertec's annualized net income for the quarter that ended in Dec. 2022 was BDT283 Mil. Saif Powertec's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was BDT6,692 Mil. Therefore, Saif Powertec's annualized ROE % for the quarter that ended in Dec. 2022 was 4.23%.

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

DHA:SAIFPOWER's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 6.82
* Ranked among companies with meaningful ROE % only.

Saif Powertec ROE % Historical Data

The historical data trend for Saif Powertec'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.

Saif Powertec ROE % Chart

Saif Powertec Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
ROE %
Get a 7-Day Free Trial Premium Member Only 14.14 9.76 7.01 10.62 7.75

Saif Powertec Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.07 3.09 4.77 3.38 4.23

Competitive Comparison of Saif Powertec's ROE %

For the Specialty Industrial Machinery subindustry, Saif Powertec'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.


Saif Powertec's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saif Powertec's ROE % distribution charts can be found below:

* The bar in red indicates where Saif Powertec's ROE % falls into.



Saif Powertec ROE % Calculation

Saif Powertec's annualized ROE % for the fiscal year that ended in Jun. 2022 is calculated as

ROE %=Net Income (A: Jun. 2022 )/( (Total Stockholders Equity (A: Jun. 2021 )+Total Stockholders Equity (A: Jun. 2022 ))/ count )
=500.671/( (6124.243+6793.466)/ 2 )
=500.671/6458.8545
=7.75 %

Saif Powertec's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=283.3/( (6851.064+6532.554)/ 2 )
=283.3/6691.809
=4.23 %

* 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 four times the quarterly (Dec. 2022) net income data. ROE % is displayed in the 30-year financial page.


Saif Powertec  (DHA:SAIFPOWER) 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. 2022 )
=Net Income/Total Stockholders Equity
=283.3/6691.809
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(283.3 / 3984.268)*(3984.268 / 25306.4765)*(25306.4765 / 6691.809)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.11 %*0.1574*3.7817
=ROA %*Equity Multiplier
=1.12 %*3.7817
=4.23 %

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. 2022 )
=Net Income/Total Stockholders Equity
=283.3/6691.809
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (283.3 / 352.3) * (352.3 / 1086.04) * (1086.04 / 3984.268) * (3984.268 / 25306.4765) * (25306.4765 / 6691.809)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8041 * 0.3244 * 27.26 % * 0.1574 * 3.7817
=4.23 %

Note: The net income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Saif Powertec ROE % Related Terms

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


Saif Powertec (DHA:SAIFPOWER) Business Description

Traded in Other Exchanges
N/A
Address
72 Mohakhali C/A, 8th Floor, Rupayan Centre, Dhaka, BGD, 1212
Saif Powertec Ltd provides infrastructure support services in Bangladesh. It also imports, trades, assembles, and installs generators, sub-stations, and electrical equipment and gridlines; installs and erects power plants; acts as a berth/terminal operator for operation of Chittagong container terminal and New Mooring container terminal of Chittagong Port Authority; and produces batteries.

Saif Powertec (DHA:SAIFPOWER) Headlines

No Headlines