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Bemis Co (Bemis Co) ROE % : 19.61% (As of Mar. 2019)


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What is Bemis Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bemis Co's annualized net income for the quarter that ended in Mar. 2019 was $242 Mil. Bemis Co's average Total Stockholders Equity over the quarter that ended in Mar. 2019 was $1,232 Mil. Therefore, Bemis Co's annualized ROE % for the quarter that ended in Mar. 2019 was 19.61%.

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

BMS's ROE % is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.13
* Ranked among companies with meaningful ROE % only.

Bemis Co ROE % Historical Data

The historical data trend for Bemis Co'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.

Bemis Co ROE % Chart

Bemis Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.26 18.13 19.15 7.64 18.68

Bemis Co Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 15.61 15.52 19.53 24.60 19.61

Competitive Comparison of Bemis Co's ROE %

For the Packaging & Containers subindustry, Bemis Co'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.


Bemis Co's ROE % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bemis Co's ROE % distribution charts can be found below:

* The bar in red indicates where Bemis Co's ROE % falls into.



Bemis Co ROE % Calculation

Bemis Co's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=225.7/( (1201.2+1215.9)/ 2 )
=225.7/1208.55
=18.68 %

Bemis Co's annualized ROE % for the quarter that ended in Mar. 2019 is calculated as

ROE %=Net Income (Q: Mar. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Mar. 2019 ))/ count )
=241.6/( (1215.9+1248.2)/ 2 )
=241.6/1232.05
=19.61 %

* 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. 2019) net income data. ROE % is displayed in the 30-year financial page.


Bemis Co  (NYSE:BMS) 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. 2019 )
=Net Income/Total Stockholders Equity
=241.6/1232.05
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(241.6 / 4005.6)*(4005.6 / 3609.4)*(3609.4 / 1232.05)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.03 %*1.1098*2.9296
=ROA %*Equity Multiplier
=6.69 %*2.9296
=19.61 %

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. 2019 )
=Net Income/Total Stockholders Equity
=241.6/1232.05
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (241.6 / 321.6) * (321.6 / 416) * (416 / 4005.6) * (4005.6 / 3609.4) * (3609.4 / 1232.05)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7512 * 0.7731 * 10.39 % * 1.1098 * 2.9296
=19.61 %

Note: The net income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Bemis Co ROE % Related Terms

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


Bemis Co (Bemis Co) Business Description

Traded in Other Exchanges
N/A
Address
2301 Industrial Drive, Neenah, WI, USA, 54957-0669
Bemis manufactures flexible packaging, primarily for the food industry, but also for the medical and consumer product industries. In coming years, we expect the company to look to make bolt-on acquisitions and invest in higher-end packaging technologies.
Executives
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
William E Jackson officer: Senior Vice President ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Adele M. Gulfo director ONE NEENAH CENTER, 4TH FLOOR, P.O. BOX 669, NEENAH WI 54957
William F. Austen director, officer: President & CEO 222 SOUTH 9TH STREET, SUITE 2300, MINNEAPOLIS MN 55402-4099
Robert H Yanker director 3505 RIVERLY ROAD, ATLANTA GA 30327
Michael B Clauer officer: Senior Vice President
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Philip G Weaver director COOPER TIRE & RUBBER CO, 701 LIMA AVE, FINDLAY OH 45840
Arun Nayar director 9 MARSHAL LANE, WESTON CT 06883
Louis Fred Stephan officer: President Bemis North America 2301 INDUSTRIAL DRIVE, NEENAH WI 54956
David T Szczupak director WHIRLPOOL CORPORATION, 2000 M63N, BENTON HARBOR MI 49022
Sheri H. Edison officer: Chief Legal Officer 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Timothy Manganello director, other: Chairman of the Board 3850 HAMLIN RD., AUBURN HILLS MI 48326
David S Haffner director
Guillermo Novo director AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195

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