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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) ROE % : 6.77% (As of Jun. 2023)


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What is CC Neuberger Principal Holdings III ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CC Neuberger Principal Holdings III's annualized net income for the quarter that ended in Jun. 2023 was $1.70 Mil. CC Neuberger Principal Holdings III's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $25.17 Mil. Therefore, CC Neuberger Principal Holdings III's annualized ROE % for the quarter that ended in Jun. 2023 was 6.77%.

The historical rank and industry rank for CC Neuberger Principal Holdings III's ROE % or its related term are showing as below:

PRPC.U' s ROE % Range Over the Past 10 Years
Min: -5.45   Med: 1.81   Max: 9.07
Current: 2.54

During the past 3 years, CC Neuberger Principal Holdings III's highest ROE % was 9.07%. The lowest was -5.45%. And the median was 1.81%.

PRPC.U's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.38 vs PRPC.U: 2.54

CC Neuberger Principal Holdings III ROE % Historical Data

The historical data trend for CC Neuberger Principal Holdings III'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.

CC Neuberger Principal Holdings III ROE % Chart

CC Neuberger Principal Holdings III Annual Data
Trend Dec20 Dec21 Dec22
ROE %
- -5.45 9.07

CC Neuberger Principal Holdings III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.63 3.88 6.13 -7.61 6.77

Competitive Comparison of CC Neuberger Principal Holdings III's ROE %

For the Shell Companies subindustry, CC Neuberger Principal Holdings III'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.


CC Neuberger Principal Holdings III's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CC Neuberger Principal Holdings III's ROE % distribution charts can be found below:

* The bar in red indicates where CC Neuberger Principal Holdings III's ROE % falls into.



CC Neuberger Principal Holdings III ROE % Calculation

CC Neuberger Principal Holdings III'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 )
=34.053/( (358.262+392.315)/ 2 )
=34.053/375.2885
=9.07 %

CC Neuberger Principal Holdings III's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=1.704/( (25.176+25.156)/ 2 )
=1.704/25.166
=6.77 %

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


CC Neuberger Principal Holdings III  (NYSE:PRPC.U) 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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1.704/25.166
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.704 / 0)*(0 / 48.3195)*(48.3195 / 25.166)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.92
=ROA %*Equity Multiplier
=N/A %*1.92
=6.77 %

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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1.704/25.166
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.704 / 1.704) * (1.704 / -1.36) * (-1.36 / 0) * (0 / 48.3195) * (48.3195 / 25.166)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -1.2529 * N/A % * 0 * 1.92
=6.77 %

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


CC Neuberger Principal Holdings III ROE % Related Terms

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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 58th Floor, New York, NY, USA, 10166
CC Neuberger Principal Holdings III is a blank check company.
Executives
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano officer: EVP, Corporate Development 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell director 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton officer: EVP, Corporate Development 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc director, 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

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