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Dhofar Generating CoOG (MUS:DGEN) ROE % : 0.38% (As of Dec. 2023)


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What is Dhofar Generating CoOG ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dhofar Generating CoOG's annualized net income for the quarter that ended in Dec. 2023 was ر.ع0.20 Mil. Dhofar Generating CoOG's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ر.ع54.18 Mil. Therefore, Dhofar Generating CoOG's annualized ROE % for the quarter that ended in Dec. 2023 was 0.38%.

The historical rank and industry rank for Dhofar Generating CoOG's ROE % or its related term are showing as below:

MUS:DGEN' s ROE % Range Over the Past 10 Years
Min: -1   Med: 3.07   Max: 7.09
Current: 3.07

During the past 7 years, Dhofar Generating CoOG's highest ROE % was 7.09%. The lowest was -1.00%. And the median was 3.07%.

MUS:DGEN's ROE % is ranked worse than
62.3% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.06 vs MUS:DGEN: 3.07

Dhofar Generating CoOG ROE % Historical Data

The historical data trend for Dhofar Generating CoOG'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.

Dhofar Generating CoOG ROE % Chart

Dhofar Generating CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 1.55 3.97 7.09 4.08 3.07

Dhofar Generating CoOG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.09 -15.03 24.47 2.47 0.38

Competitive Comparison of Dhofar Generating CoOG's ROE %

For the Utilities - Independent Power Producers subindustry, Dhofar Generating CoOG'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.


Dhofar Generating CoOG's ROE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dhofar Generating CoOG's ROE % distribution charts can be found below:

* The bar in red indicates where Dhofar Generating CoOG's ROE % falls into.



Dhofar Generating CoOG ROE % Calculation

Dhofar Generating CoOG'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 )
=1.623/( (52.445+53.434)/ 2 )
=1.623/52.9395
=3.07 %

Dhofar Generating CoOG'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 )
=0.204/( (54.933+53.434)/ 2 )
=0.204/54.1835
=0.38 %

* 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.


Dhofar Generating CoOG  (MUS:DGEN) 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
=0.204/54.1835
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.204 / 48.836)*(48.836 / 199.119)*(199.119 / 54.1835)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.42 %*0.2453*3.6749
=ROA %*Equity Multiplier
=0.1 %*3.6749
=0.38 %

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
=0.204/54.1835
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.204 / 0.548) * (0.548 / 7.32) * (7.32 / 48.836) * (48.836 / 199.119) * (199.119 / 54.1835)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3723 * 0.0749 * 14.99 % * 0.2453 * 3.6749
=0.38 %

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.


Dhofar Generating CoOG ROE % Related Terms

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Dhofar Generating CoOG (MUS:DGEN) Business Description

Traded in Other Exchanges
N/A
Address
PO 1571, PC 211, Salalah, OMN
Dhofar Generating Co SAOG owns and operates the Salalah II IPP project. The principal activities of the Company are to develop, finance, design, construct, operate, maintain, insure power generating station and other relevant infrastructure. The project comprises two power generation plants located at Raysut in the Dhofar Governorate of the Sultanate of Oman.

Dhofar Generating CoOG (MUS:DGEN) Headlines

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