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Craft Brew Alliance (Craft Brew Alliance) ROE % : 1.34% (As of Jun. 2020)


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What is Craft Brew Alliance ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Craft Brew Alliance's annualized net income for the quarter that ended in Jun. 2020 was $1.7 Mil. Craft Brew Alliance's average Total Stockholders Equity over the quarter that ended in Jun. 2020 was $126.4 Mil. Therefore, Craft Brew Alliance's annualized ROE % for the quarter that ended in Jun. 2020 was 1.34%.

The historical rank and industry rank for Craft Brew Alliance's ROE % or its related term are showing as below:

BREW' s ROE % Range Over the Past 10 Years
Min: -9.99   Med: 2.2   Max: 9.74
Current: -5.59

During the past 13 years, Craft Brew Alliance's highest ROE % was 9.74%. The lowest was -9.99%. And the median was 2.20%.

BREW's ROE % is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 7.035 vs BREW: -5.59

Craft Brew Alliance ROE % Historical Data

The historical data trend for Craft Brew Alliance'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.

Craft Brew Alliance ROE % Chart

Craft Brew Alliance Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 -0.27 7.60 3.10 -9.87

Craft Brew Alliance Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 7.98 -3.71 -21.62 1.90 1.34

Competitive Comparison of Craft Brew Alliance's ROE %

For the Beverages - Brewers subindustry, Craft Brew Alliance'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.


Craft Brew Alliance's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Craft Brew Alliance's ROE % distribution charts can be found below:

* The bar in red indicates where Craft Brew Alliance's ROE % falls into.



Craft Brew Alliance ROE % Calculation

Craft Brew Alliance's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-12.919/( (136.435+125.305)/ 2 )
=-12.919/130.87
=-9.87 %

Craft Brew Alliance's annualized ROE % for the quarter that ended in Jun. 2020 is calculated as

ROE %=Net Income (Q: Jun. 2020 )/( (Total Stockholders Equity (Q: Mar. 2020 )+Total Stockholders Equity (Q: Jun. 2020 ))/ count )
=1.696/( (126.006+126.703)/ 2 )
=1.696/126.3545
=1.34 %

* 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 (Jun. 2020) net income data. ROE % is displayed in the 30-year financial page.


Craft Brew Alliance  (NAS:BREW) 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: Jun. 2020 )
=Net Income/Total Stockholders Equity
=1.696/126.3545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.696 / 197.512)*(197.512 / 265.1075)*(265.1075 / 126.3545)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.86 %*0.745*2.0981
=ROA %*Equity Multiplier
=0.64 %*2.0981
=1.34 %

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: Jun. 2020 )
=Net Income/Total Stockholders Equity
=1.696/126.3545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.696 / 2.94) * (2.94 / 3.36) * (3.36 / 197.512) * (197.512 / 265.1075) * (265.1075 / 126.3545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5769 * 0.875 * 1.7 % * 0.745 * 2.0981
=1.34 %

Note: The net income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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.


Craft Brew Alliance ROE % Related Terms

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


Craft Brew Alliance (Craft Brew Alliance) Business Description

Traded in Other Exchanges
N/A
Address
929 North Russell Street, Portland, OR, USA, 97227-1733
Craft Brew Alliance Inc is a craft brewing company and a leader in brewing, and branding American craft beers. The company's brand portfolio consists of Redhook Brewery, Widmer Brothers Brewing, Kona Brewing Company, Omission Beer, Square Mile Cider Company, and Resignation Brewery. The crafts beers are brewed and packed in the location such as Portland, Oregon the Seattle suburb of Woodinville, Washington; Portsmouth, New Hampshire, and Kailua-Kona, Hawaii. Its segments are Beer Related operations and Brewpubs operations. The majority of the revenue is derived from brewing, and domestic and international sales, of craft beers and ciders.
Executives
Matthew Edgar Gilbertson director 125 WEST 24TH STREET NEW YORK NY 10011
Timothy P Boyle director 14375 NW SCIENCE PARK DRIVE, PORTLAND OR 97229
Christine Nicol Perich officer: Chief Financial & Strategy Off 1413 LINDEN LAKE ROAD FORT COLLINS CO 80524
Jacqueline S Woodward director 180 LINDEN ROAD PINEHURST NC 28374
Edwin A Smith officer: Principal Accounting Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
Nickolas A Mills director ONE BUSCH PLACE ST. LOUIS MO 63118
Derek Y Hahm officer: Chief Commercial Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
J Scott Mennen officer: Chief Operating Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
Kenneth C Kunze officer: Chief Marketing Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
Andrew J. Thomas officer: Chief Executive Officer 929 N. RUSSELL STREET PORTLAND OR 97227
Marc J Cramer director P.O. BOX 4525 PORTLAND OR 97208
Kevin R Kelly director 929 NORTH RUSSELL STREET PORTLAND OR 97227
David R Lord director 929 N RUSSELL STREET PORTLAND OR 97227
Paul D Davis director 4211 WILLIAMS AVENUE NORTH RENTON WA 98056
Vieira Joao Paulo Falcao director 125 WEST 24TH STREET NEW YORK NY 10011

Craft Brew Alliance (Craft Brew Alliance) Headlines