GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seplat Energy PLC (OTCPK:SEPLF) » Definitions » ROE %

Seplat Energy (Seplat Energy) ROE % : 0.24% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Seplat Energy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Seplat Energy's annualized net income for the quarter that ended in Mar. 2024 was $4.2 Mil. Seplat Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $1,767.4 Mil. Therefore, Seplat Energy's annualized ROE % for the quarter that ended in Mar. 2024 was 0.24%.

The historical rank and industry rank for Seplat Energy's ROE % or its related term are showing as below:

SEPLF' s ROE % Range Over the Past 10 Years
Min: -12.43   Med: 6.49   Max: 23.56
Current: 1.47

During the past 13 years, Seplat Energy's highest ROE % was 23.56%. The lowest was -12.43%. And the median was 6.49%.

SEPLF's ROE % is ranked worse than
63.91% of 1014 companies
in the Oil & Gas industry
Industry Median: 6.7 vs SEPLF: 1.47

Seplat Energy ROE % Historical Data

The historical data trend for Seplat Energy'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.

Seplat Energy ROE % Chart

Seplat Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.16 -4.24 8.18 3.52 4.69

Seplat Energy Quarterly Data
Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only 12.88 -3.26 -0.69 9.70 0.24

Competitive Comparison of Seplat Energy's ROE %

For the Oil & Gas E&P subindustry, Seplat Energy'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.


Seplat Energy's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Seplat Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Seplat Energy's ROE % falls into.



Seplat Energy ROE % Calculation

Seplat Energy'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 )
=83.13/( (1776.388+1768.79)/ 2 )
=83.13/1772.589
=4.69 %

Seplat Energy'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 )
=4.18/( (1768.79+1766.082)/ 2 )
=4.18/1767.436
=0.24 %

* 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.


Seplat Energy  (OTCPK:SEPLF) 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
=4.18/1767.436
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.18 / 719.28)*(719.28 / 3332.2555)*(3332.2555 / 1767.436)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.58 %*0.2159*1.8854
=ROA %*Equity Multiplier
=0.13 %*1.8854
=0.24 %

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
=4.18/1767.436
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.18 / 277.152) * (277.152 / 306.48) * (306.48 / 719.28) * (719.28 / 3332.2555) * (3332.2555 / 1767.436)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.0151 * 0.9043 * 42.61 % * 0.2159 * 1.8854
=0.24 %

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.


Seplat Energy ROE % Related Terms

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


Seplat Energy (Seplat Energy) Business Description

Traded in Other Exchanges
Address
16A Temple Road (Olu Holloway), Ikoyi, Lagos, NGA
Seplat Energy PLC formerly SEPLAT Petroleum Development Company PLC is a Nigerian independent upstream oil and gas company which focuses on production and development opportunities in Nigeria. The company has two reportable segments namely Oil and Gas. Geographically, it derives a majority of revenue from Switzerland. The company's exploration assets include OMLs 4, 38 and 41 which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.