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KOMOF (Komo Plant Based Foods) ROE % : 0.00% (As of Apr. 2024)


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What is Komo Plant Based Foods ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Komo Plant Based Foods's annualized net income for the quarter that ended in Apr. 2024 was $-0.10 Mil. Komo Plant Based Foods's average Total Stockholders Equity over the quarter that ended in Apr. 2024 was $-2.00 Mil. Therefore, Komo Plant Based Foods's annualized ROE % for the quarter that ended in Apr. 2024 was N/A%.

The historical rank and industry rank for Komo Plant Based Foods's ROE % or its related term are showing as below:

KOMOF's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.875
* Ranked among companies with meaningful ROE % only.

Komo Plant Based Foods ROE % Historical Data

The historical data trend for Komo Plant Based Foods'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.

Komo Plant Based Foods ROE % Chart

Komo Plant Based Foods Annual Data
Trend Dec18 Dec19 Jul20 Jul21 Jul22 Jul23
ROE %
Get a 7-Day Free Trial -122.67 -165.50 -5,270.41 - -

Komo Plant Based Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - - -

Competitive Comparison of Komo Plant Based Foods's ROE %

For the Packaged Foods subindustry, Komo Plant Based Foods'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.


Komo Plant Based Foods's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Komo Plant Based Foods's ROE % distribution charts can be found below:

* The bar in red indicates where Komo Plant Based Foods's ROE % falls into.



Komo Plant Based Foods ROE % Calculation

Komo Plant Based Foods's annualized ROE % for the fiscal year that ended in Jul. 2023 is calculated as

ROE %=Net Income (A: Jul. 2023 )/( (Total Stockholders Equity (A: Jul. 2022 )+Total Stockholders Equity (A: Jul. 2023 ))/ count )
=-1.107/( (-0.981+-1.9)/ 2 )
=-1.107/-1.4405
=N/A %

Komo Plant Based Foods's annualized ROE % for the quarter that ended in Apr. 2024 is calculated as

ROE %=Net Income (Q: Apr. 2024 )/( (Total Stockholders Equity (Q: Jan. 2024 )+Total Stockholders Equity (Q: Apr. 2024 ))/ count )
=-0.096/( (-2.01+-1.997)/ 2 )
=-0.096/-2.0035
=N/A %

* 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 (Apr. 2024) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Komo Plant Based Foods  (OTCPK:KOMOF) 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: Apr. 2024 )
=Net Income/Total Stockholders Equity
=-0.096/-2.0035
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.096 / 0)*(0 / 0.0045)*(0.0045 / -2.0035)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

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: Apr. 2024 )
=Net Income/Total Stockholders Equity
=-0.096/-2.0035
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.096 / -0.072) * (-0.072 / -0.04) * (-0.04 / 0) * (0 / 0.0045) * (0.0045 / -2.0035)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.3333 * 1.8 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Apr. 2024) net income data. The Revenue data used here is four times the quarterly (Apr. 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.


Komo Plant Based Foods ROE % Related Terms

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Komo Plant Based Foods Business Description

Traded in Other Exchanges
Address
1489 Marine Drive, Suite 127, Vancouver, BC, CAN, V7T 1B8
Komo Plant Based Foods Inc is a plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals. Its plant-based innovation, development team recreate vegan versions of traditionally cheesy, meaty classics. Komo's products are sold direct-to-consumer through its eCommerce site and distribution network of online and brick and mortar grocery, convenience and natural retailer channels. The Company's geographical revenue is generated in the western provinces of Canada.