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Doman Building Materials Group (Doman Building Materials Group) ROE % : 7.18% (As of Dec. 2023)


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What is Doman Building Materials Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Doman Building Materials Group's annualized net income for the quarter that ended in Dec. 2023 was $31 Mil. Doman Building Materials Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $437 Mil. Therefore, Doman Building Materials Group's annualized ROE % for the quarter that ended in Dec. 2023 was 7.18%.

The historical rank and industry rank for Doman Building Materials Group's ROE % or its related term are showing as below:

CWXZF' s ROE % Range Over the Past 10 Years
Min: 4.98   Med: 12.53   Max: 25.41
Current: 13.1

During the past 13 years, Doman Building Materials Group's highest ROE % was 25.41%. The lowest was 4.98%. And the median was 12.53%.

CWXZF's ROE % is ranked better than
62.24% of 143 companies
in the Industrial Distribution industry
Industry Median: 10.43 vs CWXZF: 13.10

Doman Building Materials Group ROE % Historical Data

The historical data trend for Doman Building Materials Group'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.

Doman Building Materials Group ROE % Chart

Doman Building Materials Group 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 5.03 18.06 25.42 14.36 13.26

Doman Building Materials Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.98 10.43 20.69 14.33 7.18

Competitive Comparison of Doman Building Materials Group's ROE %

For the Industrial Distribution subindustry, Doman Building Materials Group'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.


Doman Building Materials Group's ROE % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Doman Building Materials Group's ROE % distribution charts can be found below:

* The bar in red indicates where Doman Building Materials Group's ROE % falls into.



Doman Building Materials Group ROE % Calculation

Doman Building Materials Group'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 )
=56.489/( (418.467+433.318)/ 2 )
=56.489/425.8925
=13.26 %

Doman Building Materials Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=31.38/( (441.225+433.318)/ 2 )
=31.38/437.2715
=7.18 %

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


Doman Building Materials Group  (OTCPK:CWXZF) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=31.38/437.2715
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(31.38 / 1572.412)*(1572.412 / 1059.283)*(1059.283 / 437.2715)
=Net Margin %*Asset Turnover*Equity Multiplier
=2 %*1.4844*2.4225
=ROA %*Equity Multiplier
=2.97 %*2.4225
=7.18 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=31.38/437.2715
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (31.38 / 20.928) * (20.928 / 48.812) * (48.812 / 1572.412) * (1572.412 / 1059.283) * (1059.283 / 437.2715)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.4994 * 0.4287 * 3.1 % * 1.4844 * 2.4225
=7.18 %

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


Doman Building Materials Group ROE % Related Terms

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


Doman Building Materials Group (Doman Building Materials Group) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1600, PO Box 39, Vancouver, BC, CAN, V6E 4A6
Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp. Its operating segments are Building Materials and Other. Geographically the group has a business presence in Canada and the U.S.

Doman Building Materials Group (Doman Building Materials Group) Headlines

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