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Dorsett Hospitality International (FRA:KHT) ROE % : 1.62% (As of Mar. 2015)


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What is Dorsett Hospitality International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dorsett Hospitality International's annualized net income for the quarter that ended in Mar. 2015 was €7.0 Mil. Dorsett Hospitality International's average Total Stockholders Equity over the quarter that ended in Mar. 2015 was €430.8 Mil. Therefore, Dorsett Hospitality International's annualized ROE % for the quarter that ended in Mar. 2015 was 1.62%.

The historical rank and industry rank for Dorsett Hospitality International's ROE % or its related term are showing as below:

FRA:KHT' s ROE % Range Over the Past 10 Years
Min: 2.35   Med: 13.74   Max: 19.16
Current: 2.35

During the past 5 years, Dorsett Hospitality International's highest ROE % was 19.16%. The lowest was 2.35%. And the median was 13.74%.

FRA:KHT's ROE % is not ranked
in the Travel & Leisure industry.
Industry Median: 5.975 vs FRA:KHT: 2.35

Dorsett Hospitality International ROE % Historical Data

The historical data trend for Dorsett Hospitality International'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.

Dorsett Hospitality International ROE % Chart

Dorsett Hospitality International Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15
ROE %
7.19 19.72 18.14 9.20 2.67

Dorsett Hospitality International Semi-Annual Data
Sep09 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.37 16.77 2.25 3.29 1.62

Competitive Comparison of Dorsett Hospitality International's ROE %

For the Lodging subindustry, Dorsett Hospitality International'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.


Dorsett Hospitality International's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dorsett Hospitality International's ROE % distribution charts can be found below:

* The bar in red indicates where Dorsett Hospitality International's ROE % falls into.



Dorsett Hospitality International ROE % Calculation

Dorsett Hospitality International's annualized ROE % for the fiscal year that ended in Mar. 2015 is calculated as

ROE %=Net Income (A: Mar. 2015 )/( (Total Stockholders Equity (A: Mar. 2014 )+Total Stockholders Equity (A: Mar. 2015 ))/ count )
=11.237/( (385.891+455.975)/ 2 )
=11.237/420.933
=2.67 %

Dorsett Hospitality International's annualized ROE % for the quarter that ended in Mar. 2015 is calculated as

ROE %=Net Income (Q: Mar. 2015 )/( (Total Stockholders Equity (Q: Sep. 2014 )+Total Stockholders Equity (Q: Mar. 2015 ))/ count )
=6.996/( (405.686+455.975)/ 2 )
=6.996/430.8305
=1.62 %

* 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 (Mar. 2015) net income data. ROE % is displayed in the 30-year financial page.


Dorsett Hospitality International  (FRA:KHT) 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: Mar. 2015 )
=Net Income/Total Stockholders Equity
=6.996/430.8305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.996 / 176.124)*(176.124 / 1094.2665)*(1094.2665 / 430.8305)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.97 %*0.161*2.5399
=ROA %*Equity Multiplier
=0.64 %*2.5399
=1.62 %

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: Mar. 2015 )
=Net Income/Total Stockholders Equity
=6.996/430.8305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6.996 / 14.648) * (14.648 / 36.3) * (36.3 / 176.124) * (176.124 / 1094.2665) * (1094.2665 / 430.8305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4776 * 0.4035 * 20.61 % * 0.161 * 2.5399
=1.62 %

Note: The net income data used here is two times the semi-annual (Mar. 2015) net income data. The Revenue data used here is two times the semi-annual (Mar. 2015) 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.


Dorsett Hospitality International ROE % Related Terms

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Dorsett Hospitality International (FRA:KHT) Business Description

Traded in Other Exchanges
N/A
Address
Dorsett Hospitality International Ltd owns, operates & manages chain of hotels under brand Dorsett Hotels, D.Collection hotels and Silka Hotels in Hong Kong, Shanghai, Chengdu, Singapore, Malaysia, Johor and London with 23 hotels in operation.

Dorsett Hospitality International (FRA:KHT) Headlines

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