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Giglio Group SpA (MIL:GG) ROE % : Negative Equity% (As of Sep. 2023)


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What is Giglio Group SpA ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Giglio Group SpA's annualized net income for the quarter that ended in Sep. 2023 was €0.56 Mil. Giglio Group SpA's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €-3.67 Mil. Therefore, Giglio Group SpA's annualized ROE % for the quarter that ended in Sep. 2023 was Negative Equity%.

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

During the past 9 years, Giglio Group SpA's highest ROE % was 18.37%. The lowest was -467.03%. And the median was -18.97%.

MIL:GG's ROE % is not ranked *
in the Interactive Media industry.
Industry Median: -0.34
* Ranked among companies with meaningful ROE % only.

Giglio Group SpA ROE % Historical Data

The historical data trend for Giglio Group SpA'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.

Giglio Group SpA ROE % Chart

Giglio Group SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only -65.85 -467.03 - - -

Giglio Group SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - Negative Equity Negative Equity

Competitive Comparison of Giglio Group SpA's ROE %

For the Internet Content & Information subindustry, Giglio Group SpA'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.


Giglio Group SpA's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Giglio Group SpA's ROE % distribution charts can be found below:

* The bar in red indicates where Giglio Group SpA's ROE % falls into.



Giglio Group SpA ROE % Calculation

Giglio Group SpA's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-2.11/( (-2.296+-4.317)/ 2 )
=-2.11/-3.3065
=N/A %

Giglio Group SpA's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=0.56/( (-3.746+-3.59)/ 2 )
=0.56/-3.668
=Negative Equity %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Giglio Group SpA  (MIL:GG) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0.56/-3.668
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.56 / 28.86)*(28.86 / 37.8735)*(37.8735 / -3.668)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.94 %*0.762*N/A
=ROA %*Equity Multiplier
=1.48 %*N/A
=Negative Equity %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0.56/-3.668
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.56 / 0.5) * (0.5 / 1.556) * (1.556 / 28.86) * (28.86 / 37.8735) * (37.8735 / -3.668)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.12 * 0.3213 * 5.39 % * 0.762 * N/A
=Negative Equity %

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


Giglio Group SpA ROE % Related Terms

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


Giglio Group SpA (MIL:GG) Business Description

Traded in Other Exchanges
Address
Piazza Diaz 6, Milan, ITA, 20123
Giglio Group SpA is engaged in the e-commerce of high-end fashion products, in the design products' sector and in the food segment.. It offers tailor-made B2B and B2C services to the Luxury Fashion industry as well as other industries, mainly with "Made in Italy" brands. It operates through the below segments: B2B e-commerce, B2C e-commerce and Corporate. It generates majority revenue from the B2B e-commerce.