ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Omnia Holdings's annualized net income for the quarter that ended in Sep. 2023 was R968 Mil. Omnia Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was R10,277 Mil. Therefore, Omnia Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was 9.42%.
The historical rank and industry rank for Omnia Holdings's ROE % or its related term are showing as below:
JSE:OMN'
s ROE % Range Over the Past 10 Years
Min: -5.67 Med: 10.17 Max: 18.32
Current: 10.83
During the past 13 years, Omnia Holdings's highest ROE % was 18.32%. The lowest was -5.67%. And the median was 10.17%.
JSE:OMN's ROE % is ranked better than 68.28% of 517
companies
in the Conglomerates industry
Industry Median: 6.02
vs JSE:OMN: 10.83
Omnia Holdings ROE % Historical Data
The historical data trend for Omnia 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.
For the Conglomerates subindustry, Omnia 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.
Omnia Holdings's ROE % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Omnia Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Omnia Holdings's ROE % falls into.
Omnia Holdings ROE % Calculation
Omnia Holdings's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as
* 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 (Sep. 2023) net income data.
ROE % is displayed in the 30-year financial page.
Omnia Holdings (JSE:OMN) 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:
Note:
The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
Omnia Holdings ROE % Related Terms
Thank you for viewing the detailed overview of Omnia Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Omnia Holdings Ltd is a holding company that, through its subsidiaries, manufactures and sells a variety of chemicals and chemical-based products. The firm's three segments are based on the end customer. The mining segment sells explosives and mining accessories to the mining, quarrying, and construction industries. The agriculture segment which generates the majority of revenue sells fertilizers and nutrients to the agricultural industry. The chemicals segment sells chemicals used to treat drinking water as well as chemicals used to produce renewable energy materials and animal nutrition products. The vast majority of revenue comes from Africa.
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