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Crest Nicholson Holdings (LSE:CRST) ROE % : -0.74% (As of Oct. 2023)


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What is Crest Nicholson Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Crest Nicholson Holdings's annualized net income for the quarter that ended in Oct. 2023 was £-6.4 Mil. Crest Nicholson Holdings's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was £866.5 Mil. Therefore, Crest Nicholson Holdings's annualized ROE % for the quarter that ended in Oct. 2023 was -0.74%.

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

LSE:CRST' s ROE % Range Over the Past 10 Years
Min: -1.27   Med: 12.86   Max: 23.23
Current: 2.05

During the past 13 years, Crest Nicholson Holdings's highest ROE % was 23.23%. The lowest was -1.27%. And the median was 12.86%.

LSE:CRST's ROE % is ranked worse than
76% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 8.085 vs LSE:CRST: 2.05

Crest Nicholson Holdings ROE % Historical Data

The historical data trend for Crest Nicholson 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.

Crest Nicholson Holdings ROE % Chart

Crest Nicholson Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 -1.27 8.21 2.96 2.06

Crest Nicholson Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 9.47 -9.66 15.87 4.80 -0.74

Competitive Comparison of Crest Nicholson Holdings's ROE %

For the Residential Construction subindustry, Crest Nicholson 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.


Crest Nicholson Holdings's ROE % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Crest Nicholson Holdings's ROE % distribution charts can be found below:

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



Crest Nicholson Holdings ROE % Calculation

Crest Nicholson Holdings's annualized ROE % for the fiscal year that ended in Oct. 2023 is calculated as

ROE %=Net Income (A: Oct. 2023 )/( (Total Stockholders Equity (A: Oct. 2022 )+Total Stockholders Equity (A: Oct. 2023 ))/ count )
=17.9/( (883.1+856.3)/ 2 )
=17.9/869.7
=2.06 %

Crest Nicholson Holdings's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Apr. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=-6.4/( (876.6+856.3)/ 2 )
=-6.4/866.45
=-0.74 %

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


Crest Nicholson Holdings  (LSE:CRST) 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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-6.4/866.45
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.4 / 749.6)*(749.6 / 1496.3)*(1496.3 / 866.45)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.85 %*0.501*1.7269
=ROA %*Equity Multiplier
=-0.43 %*1.7269
=-0.74 %

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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-6.4/866.45
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.4 / -10.6) * (-10.6 / -0.8) * (-0.8 / 749.6) * (749.6 / 1496.3) * (1496.3 / 866.45)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6038 * 13.25 * -0.11 % * 0.501 * 1.7269
=-0.74 %

Note: The net income data used here is two times the semi-annual (Oct. 2023) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.


Crest Nicholson Holdings ROE % Related Terms

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Crest Nicholson Holdings (LSE:CRST) Business Description

Traded in Other Exchanges
Address
500 Dashwood Lang Road, Bourne Business Park,, Addlestone, Surrey, GBR, KT15 2HJ
Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson completes approximately 3,000 homes annually with an average selling price around EUR 300,000. It is known for its particular expertise in homebuilding in the surrounding regions of London such as Surrey, Kent, Bristol, and Sussex. The company also participates in land development and planning to support its future projects.

Crest Nicholson Holdings (LSE:CRST) Headlines

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