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Model Performance Acquisition (Model Performance Acquisition) ROE % : -4.03% (As of Sep. 2022)


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What is Model Performance Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Model Performance Acquisition's annualized net income for the quarter that ended in Sep. 2022 was $-1.48 Mil. Model Performance Acquisition's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was $36.83 Mil. Therefore, Model Performance Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 was -4.03%.

The historical rank and industry rank for Model Performance Acquisition's ROE % or its related term are showing as below:

MPAC's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.77
* Ranked among companies with meaningful ROE % only.

Model Performance Acquisition ROE % Historical Data

The historical data trend for Model Performance Acquisition'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.

Model Performance Acquisition ROE % Chart

Model Performance Acquisition Annual Data
Trend Dec21
ROE %
-1.56

Model Performance Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROE % Get a 7-Day Free Trial -1.38 -4.34 -1.11 -3.21 -4.03

Competitive Comparison of Model Performance Acquisition's ROE %

For the Shell Companies subindustry, Model Performance Acquisition'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.


Model Performance Acquisition's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Model Performance Acquisition's ROE % distribution charts can be found below:

* The bar in red indicates where Model Performance Acquisition's ROE % falls into.



Model Performance Acquisition ROE % Calculation

Model Performance Acquisition's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
= %

Model Performance Acquisition's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=-1.484/( (55.182+18.468)/ 2 )
=-1.484/36.825
=-4.03 %

* 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 (Sep. 2022) net income data. ROE % is displayed in the 30-year financial page.


Model Performance Acquisition  (NAS:MPAC) 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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-1.484/36.825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.484 / 0)*(0 / 42.101)*(42.101 / 36.825)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1433
=ROA %*Equity Multiplier
=N/A %*1.1433
=-4.03 %

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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-1.484/36.825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.484 / -1.484) * (-1.484 / -2.532) * (-2.532 / 0) * (0 / 42.101) * (42.101 / 36.825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.5861 * N/A % * 0 * 1.1433
=-4.03 %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Model Performance Acquisition ROE % Related Terms

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Model Performance Acquisition (Model Performance Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2 Queens Road Central, 58 Floor, Unit 5801, Cheung Kong Center, Hong Kong, HKG
Website
Model Performance Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.