GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lazydays Holdings Inc (NAS:GORV) » Definitions » ROE %

Lazydays Holdings (Lazydays Holdings) ROE % : -43.43% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Lazydays Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lazydays Holdings's annualized net income for the quarter that ended in Mar. 2024 was $-88 Mil. Lazydays Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $202 Mil. Therefore, Lazydays Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -43.43%.

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

GORV' s ROE % Range Over the Past 10 Years
Min: -47.98   Med: 5.45   Max: 40.85
Current: -47.98

During the past 8 years, Lazydays Holdings's highest ROE % was 40.85%. The lowest was -47.98%. And the median was 5.45%.

GORV's ROE % is ranked worse than
94.83% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 7.36 vs GORV: -47.98

Lazydays Holdings ROE % Historical Data

The historical data trend for Lazydays Holdings'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.

Lazydays Holdings ROE % Chart

Lazydays Holdings Annual Data
Trend Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 5.45 10.60 40.85 24.01 -43.65

Lazydays Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.36 4.38 -6.90 -161.74 -43.43

Competitive Comparison of Lazydays Holdings's ROE %

For the Auto & Truck Dealerships subindustry, Lazydays Holdings'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.


Lazydays Holdings's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lazydays Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Lazydays Holdings's ROE % falls into.



Lazydays Holdings ROE % Calculation

Lazydays Holdings'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 )
=-110.266/( (291.995+213.19)/ 2 )
=-110.266/252.5925
=-43.65 %

Lazydays Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-87.92/( (213.19+191.719)/ 2 )
=-87.92/202.4545
=-43.43 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Lazydays Holdings  (NAS:GORV) 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. 2024 )
=Net Income/Total Stockholders Equity
=-87.92/202.4545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-87.92 / 1082.344)*(1082.344 / 879.7445)*(879.7445 / 202.4545)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.12 %*1.2303*4.3454
=ROA %*Equity Multiplier
=-9.99 %*4.3454
=-43.43 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-87.92/202.4545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-87.92 / -115.12) * (-115.12 / -66.324) * (-66.324 / 1082.344) * (1082.344 / 879.7445) * (879.7445 / 202.4545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7637 * 1.7357 * -6.13 % * 1.2303 * 4.3454
=-43.43 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Lazydays Holdings ROE % Related Terms

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


Lazydays Holdings (Lazydays Holdings) Business Description

Traded in Other Exchanges
Address
4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610
Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generate revenue providing a full spectrum of RV products: New and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.
Executives
John F North director, officer: Chief Executive Officer 150 N. BARTLETT STREET, MEDFORD OR 97501
Kelly Porter officer: Chief Financial Officer 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Susan Scarola director 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Suzanne Tager director 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
David Kanen 10 percent owner, other: See Explanation of Responses 6429 NW 65TH WAY, PARKLAND FL 33067
Nicholas J Tomashot officer: Chief Financial Officer C/O LAZYDAYS HOLDINGS, INC., 6130 LAZY DAYS BOULEVARD, SEFFNER FL 33584
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Philotimo Fund, Lp other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Focused Growth & Income Fund other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Principal Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025

Lazydays Holdings (Lazydays Holdings) Headlines

From GuruFocus

LAZYDAYS ANNOUNCES ACQUISITION OF CENTURY RV

By PRNewswire 08-08-2023

LAZYDAYS WELCOMES TWO NEW BOARD MEMBERS

By PRNewswire 09-01-2023

LAZYDAYS OPENS NEW DEALERSHIP IN COUNCIL BLUFFS, IOWA

By PRNewswire PRNewswire 04-28-2023

LAZYDAYS ENTERS NEVADA WITH ACQUISITION OF FINDLAY RV

By PRNewswire PRNewswire 02-16-2023

LAZYDAYS ANNOUNCES OUTCOME OF WARRANT EXPIRY

By PRNewswire PRNewswire 03-24-2023

LAZYDAYS SCHEDULES RELEASE OF FOURTH QUARTER RESULTS

By PRNewswire PRNewswire 01-24-2023