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GEN Restaurant Group (GEN Restaurant Group) ROE % : -1.34% (As of Dec. 2023)


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What is GEN Restaurant Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GEN Restaurant Group's annualized net income for the quarter that ended in Dec. 2023 was $-0.1 Mil. GEN Restaurant Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $7.5 Mil. Therefore, GEN Restaurant Group's annualized ROE % for the quarter that ended in Dec. 2023 was -1.34%.

The historical rank and industry rank for GEN Restaurant Group's ROE % or its related term are showing as below:

GENK' s ROE % Range Over the Past 10 Years
Min: 161.11   Med: 1838.68   Max: 3694.95
Current: 177.37

During the past 5 years, GEN Restaurant Group's highest ROE % was 3,694.95%. The lowest was 161.11%. And the median was 1,838.68%.

GENK's ROE % is ranked better than
94.55% of 330 companies
in the Restaurants industry
Industry Median: 8.345 vs GENK: 177.37

GEN Restaurant Group ROE % Historical Data

The historical data trend for GEN Restaurant Group'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.

GEN Restaurant Group ROE % Chart

GEN Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
161.11 - 2,585.38 1,091.98 3,694.95

GEN Restaurant Group Quarterly Data
Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - Negative Equity 448.98 28.16 -1.34

Competitive Comparison of GEN Restaurant Group's ROE %

For the Restaurants subindustry, GEN Restaurant Group'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.


GEN Restaurant Group's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, GEN Restaurant Group's ROE % distribution charts can be found below:

* The bar in red indicates where GEN Restaurant Group's ROE % falls into.



GEN Restaurant Group ROE % Calculation

GEN Restaurant Group'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 )
=8.406/( (-8.511+8.966)/ 2 )
=8.406/0.2275
=3,694.95 %

GEN Restaurant Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-0.1/( (5.941+8.966)/ 2 )
=-0.1/7.4535
=-1.34 %

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


GEN Restaurant Group  (NAS:GENK) 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
=-0.1/7.4535
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.1 / 180.432)*(180.432 / 179.749)*(179.749 / 7.4535)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.06 %*1.0038*24.1161
=ROA %*Equity Multiplier
=-0.06 %*24.1161
=-1.34 %

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
=-0.1/7.4535
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.1 / -1.38) * (-1.38 / 2.548) * (2.548 / 180.432) * (180.432 / 179.749) * (179.749 / 7.4535)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.0725 * -0.5416 * 1.41 % * 1.0038 * 24.1161
=-1.34 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


GEN Restaurant Group ROE % Related Terms

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


GEN Restaurant Group (GEN Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
11480 South Street, Suite 205, Cerritos, CA, USA, 90703
GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jonathan Gregory director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas Croal officer: Chief Financial Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jae Chang director, officer: Co-Chief Executive Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Michael Cowan director 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jose Manzanarez 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Don Kim 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Juhee Han 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Lauren Wang 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Ichibon Trading, Llc 10 percent owner 2711 VILLA PISA LN, LEAGUE CITY TX 77573-3293
Kim David Wook Jin director, 10 percent owner, officer: Co-Chief Executive Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703