GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Urban-gro Inc (NAS:UGRO) » Definitions » ROE %

Urban-gro (Urban-gro) ROE % : -44.33% (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Urban-gro ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Urban-gro's annualized net income for the quarter that ended in Mar. 2024 was $-8.57 Mil. Urban-gro's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $19.33 Mil. Therefore, Urban-gro's annualized ROE % for the quarter that ended in Mar. 2024 was -44.33%.

The historical rank and industry rank for Urban-gro's ROE % or its related term are showing as below:

UGRO' s ROE % Range Over the Past 10 Years
Min: -68.18   Med: -36.86   Max: -4.3
Current: -65.43

During the past 6 years, Urban-gro's highest ROE % was -4.30%. The lowest was -68.18%. And the median was -36.86%.

UGRO's ROE % is ranked worse than
95.1% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 8.635 vs UGRO: -65.43

Urban-gro ROE % Historical Data

The historical data trend for Urban-gro'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.

Urban-gro ROE % Chart

Urban-gro Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial - - -4.30 -36.86 -68.18

Urban-gro 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 -63.33 -76.41 -52.94 -85.46 -44.33

Competitive Comparison of Urban-gro's ROE %

For the Farm & Heavy Construction Machinery subindustry, Urban-gro'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.


Urban-gro's ROE % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Urban-gro's ROE % distribution charts can be found below:

* The bar in red indicates where Urban-gro's ROE % falls into.



Urban-gro ROE % Calculation

Urban-gro'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 )
=-18.681/( (34.732+20.071)/ 2 )
=-18.681/27.4015
=-68.18 %

Urban-gro'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 )
=-8.568/( (20.071+18.586)/ 2 )
=-8.568/19.3285
=-44.33 %

* 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.


Urban-gro  (NAS:UGRO) 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
=-8.568/19.3285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.568 / 62.172)*(62.172 / 60.2545)*(60.2545 / 19.3285)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.78 %*1.0318*3.1174
=ROA %*Equity Multiplier
=-14.22 %*3.1174
=-44.33 %

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
=-8.568/19.3285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8.568 / -8.76) * (-8.76 / -8.256) * (-8.256 / 62.172) * (62.172 / 60.2545) * (60.2545 / 19.3285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9781 * 1.061 * -13.28 % * 1.0318 * 3.1174
=-44.33 %

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.


Urban-gro ROE % Related Terms

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


Urban-gro (Urban-gro) Business Description

Traded in Other Exchanges
Address
1751 Panorama Point, Unit G, Lafayette, CO, USA, 80026
Urban-gro Inc is a integrated professional services and construction design-build firm . we offer fully integrated architectural, engineering and cultivation systems integration company for commercial cannabis and food-focused Controlled Environment Agriculture (CEA) facilities. With experience in hundreds of CEA facilities spanning millions of square feet across the globe, the firm engineer, design, and integrate complex environmental equipment systems into high-performance facilities. Once operational, urban-gro's gro-care Managed Services Platform leverages the company's expertise to reduce downtime, provide continuity, and drive facility optimization.
Executives
Lewis Wilks director 555 SEVENTEENTH STREET, 7TH FLOOR, DENVER CO 80202
Bradley John Nattrass director, officer: Chief Executive Officer 5115 FOXGLOVE TRAIL, BROOMFIELD CO 80023
Jason T Archer officer: Chief Operating Officer 883 CARBONATE LANE, ERIE CO 80516
Jim Dennedy director, officer: President and COO 5269 W. 62ND AVENUE, ARVADA CO 80003
Sonia Lo director 1751 PANORAMA POINT, UNIT G, LAFAYETTE CO 80026
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
David Hsu director 1751 PANORAMA POINT, SUITE G, LAFAYETTE CO 80026
James Robert Lowe director 5132 QUITMAN STREET, DENVER CO 80212
Richard Alan Akright officer: Interim CFO 6549 S. BLACKHAWK WAY, AURORA CO 80016
Lance Galey director 3940 CHIPPEWA DR, BOULDER CO 80303
James H. Dennedy director 61 ROYAL BIRKDALE, SPRINGBORO OH 45066
George R Pullar director 1750 PANORAMA POINT, UNIT 6, LAYFETTE CO 80026
Gutierrez Arias De La Parra Octavio director, officer: Secretary 2537 PROSPECT COURT, BROOMFIELD CO 80023