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Del Frisco′s Restaurant Group (Del Frisco′s Restaurant Group) ROE % : -12.69% (As of Jun. 2019)


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What is Del Frisco′s Restaurant Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Del Frisco′s Restaurant Group's annualized net income for the quarter that ended in Jun. 2019 was $-25.6 Mil. Del Frisco′s Restaurant Group's average Total Stockholders Equity over the quarter that ended in Jun. 2019 was $201.6 Mil. Therefore, Del Frisco′s Restaurant Group's annualized ROE % for the quarter that ended in Jun. 2019 was -12.69%.

The historical rank and industry rank for Del Frisco′s Restaurant Group's ROE % or its related term are showing as below:

DFRG's ROE % is not ranked *
in the Restaurants industry.
Industry Median: 8.76
* Ranked among companies with meaningful ROE % only.

Del Frisco′s Restaurant Group ROE % Historical Data

The historical data trend for Del Frisco′s Restaurant 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.

Del Frisco′s Restaurant Group ROE % Chart

Del Frisco′s Restaurant Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only 8.14 7.29 7.50 -5.26 -37.90

Del Frisco′s Restaurant Group Quarterly Data
Jun13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Dec15 Mar16 Jun16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -3.28 -130.29 -14.83 -35.08 -12.69

Competitive Comparison of Del Frisco′s Restaurant Group's ROE %

For the Restaurants subindustry, Del Frisco′s Restaurant 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.


Del Frisco′s Restaurant Group's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Del Frisco′s Restaurant Group's ROE % distribution charts can be found below:

* The bar in red indicates where Del Frisco′s Restaurant Group's ROE % falls into.



Del Frisco′s Restaurant Group ROE % Calculation

Del Frisco′s Restaurant Group'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 )
=-76.303/( (189.087+213.582)/ 2 )
=-76.303/201.3345
=-37.90 %

Del Frisco′s Restaurant Group's annualized ROE % for the quarter that ended in Jun. 2019 is calculated as

ROE %=Net Income (Q: Jun. 2019 )/( (Total Stockholders Equity (Q: Mar. 2019 )+Total Stockholders Equity (Q: Jun. 2019 ))/ count )
=-25.592/( (204.316+198.916)/ 2 )
=-25.592/201.616
=-12.69 %

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


Del Frisco′s Restaurant Group  (NAS:DFRG) 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. 2019 )
=Net Income/Total Stockholders Equity
=-25.592/201.616
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.592 / 526.748)*(526.748 / 883.6975)*(883.6975 / 201.616)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.86 %*0.5961*4.3831
=ROA %*Equity Multiplier
=-2.9 %*4.3831
=-12.69 %

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. 2019 )
=Net Income/Total Stockholders Equity
=-25.592/201.616
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-25.592 / -36.196) * (-36.196 / -6.876) * (-6.876 / 526.748) * (526.748 / 883.6975) * (883.6975 / 201.616)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.707 * 5.2641 * -1.31 % * 0.5961 * 4.3831
=-12.69 %

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


Del Frisco′s Restaurant Group ROE % Related Terms

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Del Frisco′s Restaurant Group (Del Frisco′s Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
2900 Ranch Trail, Irving, TX, USA, 75063
Del Frisco's Restaurant Group Inc owns and operates roughly 50 restaurants under three different names: Del Frisco's Double Eagle Steak House, a fine-dining restaurant that accounts for approximately half of the company's total sales; Sullivan's Steakhouse, a similar concept to Del Frisco's Steak House that offers a lower price point; and Del Frisco's Grille, an upscale casual restaurant with a broader menu that includes less expensive items. The company operates exclusively in the United States. The company purchases beef and seafood at the national level for all of its restaurants; other products are sourced locally by each restaurant's chef.
Executives
Ian Russell Carter director HILTON HOTELS CORPORATION, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Armistice Capital, Llc 10 percent owner 510 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Armistice Capital Master Fund Ltd. 10 percent owner C/O ARMISTICE CAPITAL, LLC, 510 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Steven Boyd 10 percent owner 510 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
David B Barr director 1319 GARRICK WAY, MARIETTA 2Q 30068
Coleman Brandon Charles Iii officer: President, Grille 920 S. KIMBALL AVE., SUITE 100, SOUTHLAKE TX 76092
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Jeff Frank Carcara officer: CEO, Emerging Brands 2900 RANCH TRAIL, IRVING TX 75063
Pennison Thomas J Jr officer: Chief Financial Officer 930 S. KIMBALL AVE., SUITE 100, SOUTHLAKE TX 76092
Fidelity National Financial, Inc. 10 percent owner 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John P Grayken 10 percent owner 2711 NORTH HASKELL AVENUE SUITE 1700 DALLAS TX 75204
Samuel D Loughlin director, other: Chairman of the Board 12018 SUNRISE VALLEY DRIVE SUITE 600 RESTON VA 20191

Del Frisco′s Restaurant Group (Del Frisco′s Restaurant Group) Headlines

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