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PMV Consumer Acquisition (PMV Consumer Acquisition) ROE % : -52.88% (As of Mar. 2024)


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What is PMV Consumer Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PMV Consumer Acquisition's annualized net income for the quarter that ended in Mar. 2024 was $-0.31 Mil. PMV Consumer Acquisition's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $0.58 Mil. Therefore, PMV Consumer Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was -52.88%.

The historical rank and industry rank for PMV Consumer Acquisition's ROE % or its related term are showing as below:

PMVCD' s ROE % Range Over the Past 10 Years
Min: -16   Med: 3.18   Max: 10.68
Current: -14.79

During the past 4 years, PMV Consumer Acquisition's highest ROE % was 10.68%. The lowest was -16.00%. And the median was 3.18%.

PMVCD's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.43 vs PMVCD: -14.79

PMV Consumer Acquisition ROE % Historical Data

The historical data trend for PMV Consumer Acquisition'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.

PMV Consumer Acquisition ROE % Chart

PMV Consumer Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- 3.18 10.68 -16.00

PMV Consumer Acquisition Quarterly Data
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 -58.24 -26.89 -48.24 69.29 -52.88

Competitive Comparison of PMV Consumer Acquisition's ROE %

For the Shell Companies subindustry, PMV Consumer Acquisition'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.


PMV Consumer Acquisition's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, PMV Consumer Acquisition's ROE % distribution charts can be found below:

* The bar in red indicates where PMV Consumer Acquisition's ROE % falls into.



PMV Consumer Acquisition ROE % Calculation

PMV Consumer Acquisition'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 )
=-0.108/( (0.729+0.621)/ 2 )
=-0.108/0.675
=-16.00 %

PMV Consumer Acquisition'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 )
=-0.308/( (0.621+0.544)/ 2 )
=-0.308/0.5825
=-52.88 %

* 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.


PMV Consumer Acquisition  (OTCPK:PMVCD) 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
=-0.308/0.5825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.308 / 0)*(0 / 1.1955)*(1.1955 / 0.5825)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*2.0524
=ROA %*Equity Multiplier
=N/A %*2.0524
=-52.88 %

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
=-0.308/0.5825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.308 / -0.188) * (-0.188 / -0.24) * (-0.24 / 0) * (0 / 1.1955) * (1.1955 / 0.5825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.6383 * 0.7833 * N/A % * 0 * 2.0524
=-52.88 %

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.


PMV Consumer Acquisition ROE % Related Terms

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


PMV Consumer Acquisition (PMV Consumer Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
249 Royal Palm Way, Suite No. 503, Palm Beach, FL, USA, 33480
Website
PMV Consumer Acquisition Corp is a special purpose acquisition company.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Nathan G Miller officer: Chief Financial Officer 347 LUKES WOOD RD, NEW CANAAN CT 06840
Lapenta Robert V Jr officer: Co-Chief Executive Officer C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
Marc Gabelli director, officer: Co-CEO & Chairman of the Board 401 THEODORE FREMD AVE, RYE NY 10580
Timothy Foufas officer: Co-President and Secretary 2525 SHADER ROAD, ORLANDO FL 32804
Douglas R Jamieson director, officer: Non-Executive Co-Chairman C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Clarence A Davis director ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Susan Virginia Watson director C/O INTERPUBLIC GROUP OF COMPANIES, 1271 AVE OF AMERICAS 44TH FLOOR, NEW YORK NY 10019
Peter Kasper Jakobsen director, officer: Chairman and CEO 2400 WEST LLOYD EXPRESSWAY, EVANSVILLE IL 47721
Pmv Consumer Acquisition Holding Company, Llc 10 percent owner 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Joseph A. Gabelli officer: President 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Daniel E. Zucchi director 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
John N. Givissis officer: SVP, CAO and Treasurer 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480