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Haci Omerbanci Holding AS (IST:SAHOL) ROE % : -47.22% (As of Dec. 2023)


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What is Haci Omerbanci Holding AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Haci Omerbanci Holding AS's annualized net income for the quarter that ended in Dec. 2023 was ₺-84,989 Mil. Haci Omerbanci Holding AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₺179,993 Mil. Therefore, Haci Omerbanci Holding AS's annualized ROE % for the quarter that ended in Dec. 2023 was -47.22%.

The historical rank and industry rank for Haci Omerbanci Holding AS's ROE % or its related term are showing as below:

IST:SAHOL' s ROE % Range Over the Past 10 Years
Min: 9.6   Med: 12.74   Max: 51.79
Current: 11.33

During the past 13 years, Haci Omerbanci Holding AS's highest ROE % was 51.79%. The lowest was 9.60%. And the median was 12.74%.

IST:SAHOL's ROE % is ranked better than
59.7% of 1459 companies
in the Banks industry
Industry Median: 9.88 vs IST:SAHOL: 11.33

Haci Omerbanci Holding AS ROE % Historical Data

The historical data trend for Haci Omerbanci Holding AS'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.

Haci Omerbanci Holding AS ROE % Chart

Haci Omerbanci Holding AS 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 12.09 13.38 26.91 51.79 9.60

Haci Omerbanci Holding AS 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 53.55 23.99 48.42 53.74 -47.22

Competitive Comparison of Haci Omerbanci Holding AS's ROE %

For the Banks - Regional subindustry, Haci Omerbanci Holding AS'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.


Haci Omerbanci Holding AS's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Haci Omerbanci Holding AS's ROE % distribution charts can be found below:

* The bar in red indicates where Haci Omerbanci Holding AS's ROE % falls into.



Haci Omerbanci Holding AS ROE % Calculation

Haci Omerbanci Holding AS'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 )
=15427.32/( (100832.151+220692.266)/ 2 )
=15427.32/160762.2085
=9.60 %

Haci Omerbanci Holding AS'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 )
=-84988.604/( (139294.243+220692.266)/ 2 )
=-84988.604/179993.2545
=-47.22 %

* 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.


Haci Omerbanci Holding AS  (IST:SAHOL) 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
=-84988.604/179993.2545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-84988.604 / 509333.836)*(509333.836 / 2032270.3215)*(2032270.3215 / 179993.2545)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.69 %*0.2506*11.2908
=ROA %*Equity Multiplier
=-4.18 %*11.2908
=-47.22 %

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
=-84988.604/179993.2545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-84988.604 / -165471.776) * (-165471.776 / 509333.836) * (509333.836 / 2032270.3215) * (2032270.3215 / 179993.2545)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.5136 * -32.49 % * 0.2506 * 11.2908
=-47.22 %

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.


Haci Omerbanci Holding AS ROE % Related Terms

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Haci Omerbanci Holding AS (IST:SAHOL) Business Description

Traded in Other Exchanges
N/A
Address
Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Haci Omer Sabanci Holding AS is the parent company of the Sabanci Group, a diversified conglomerate operating almost entirely in Turkey, but with notable exposure to other countries in the European Union. The Sabanci Group companies operate in the financial services, energy, consumer discretionary, materials, and industrials sectors. Of these, financial services constitute the majority of revenue and the overwhelming majority of its assets on the balance sheet. Banking is the biggest contributor to its financial segment, specifically through the group's large financial stake in Akbank. Sabanci's portfolio management strategy is to focus on sectors where it is possible to create competitive advantage and to use equities in fast-growing, highly profitable, and sustainable businesses.

Haci Omerbanci Holding AS (IST:SAHOL) Headlines

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