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Bluegreen Vacations Holding (Bluegreen Vacations Holding) ROE % : 39.21% (As of Sep. 2023)


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What is Bluegreen Vacations Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bluegreen Vacations Holding's annualized net income for the quarter that ended in Sep. 2023 was $82.6 Mil. Bluegreen Vacations Holding's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $210.7 Mil. Therefore, Bluegreen Vacations Holding's annualized ROE % for the quarter that ended in Sep. 2023 was 39.21%.

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

BVH' s ROE % Range Over the Past 10 Years
Min: -21.83   Med: 8.94   Max: 38.9
Current: 30.36

During the past 13 years, Bluegreen Vacations Holding's highest ROE % was 38.90%. The lowest was -21.83%. And the median was 8.94%.

BVH's ROE % is not ranked
in the Travel & Leisure industry.
Industry Median: 5.96 vs BVH: 30.36

Bluegreen Vacations Holding ROE % Historical Data

The historical data trend for Bluegreen Vacations Holding'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.

Bluegreen Vacations Holding ROE % Chart

Bluegreen Vacations Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 3.22 -21.83 27.23 31.02

Bluegreen Vacations Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 37.73 14.79 26.07 45.83 39.21

Competitive Comparison of Bluegreen Vacations Holding's ROE %

For the Resorts & Casinos subindustry, Bluegreen Vacations Holding'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.


Bluegreen Vacations Holding's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations Holding's ROE % distribution charts can be found below:

* The bar in red indicates where Bluegreen Vacations Holding's ROE % falls into.



Bluegreen Vacations Holding ROE % Calculation

Bluegreen Vacations Holding's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=64.385/( (243.433+171.66)/ 2 )
=64.385/207.5465
=31.02 %

Bluegreen Vacations Holding's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=82.628/( (201.285+220.128)/ 2 )
=82.628/210.7065
=39.21 %

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


Bluegreen Vacations Holding  (NYSE:BVH) 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. 2023 )
=Net Income/Total Stockholders Equity
=82.628/210.7065
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(82.628 / 939.844)*(939.844 / 1532.7575)*(1532.7575 / 210.7065)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.79 %*0.6132*7.2744
=ROA %*Equity Multiplier
=5.39 %*7.2744
=39.21 %

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. 2023 )
=Net Income/Total Stockholders Equity
=82.628/210.7065
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (82.628 / 133.348) * (133.348 / 79.528) * (79.528 / 939.844) * (939.844 / 1532.7575) * (1532.7575 / 210.7065)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6196 * 1.6767 * 8.46 % * 0.6132 * 7.2744
=39.21 %

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


Bluegreen Vacations Holding ROE % Related Terms

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


Bluegreen Vacations Holding (Bluegreen Vacations Holding) Business Description

Traded in Other Exchanges
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Holding Corp is a vacation ownership company that markets and sells vacation ownership interests (VOIs) & manages resorts in popular leisure and urban destinations. The firm operates in two segments: Sales of VOIs and financing & Resort Operations and Club Management. The majority is from the Sales of VOIs and financing segment. The Sales of VOIs and Financing segment includes the Company's marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations.
Executives
John E Abdo director, 10 percent owner, officer: Vice Chairman of the Board P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner, officer: Chairman of the Bd/President P. O. BOX 39000, FT LAUDERDALE FL 33303
De La Osa Jorge officer: EVP, Chief Legal 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Mark Nerenhausen director 1221 MT CURVE AVE, MINNEAPOLIS MN 55403
Ahmad M Wardak officer: EVP, Chief Brand Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Arnold Sevell director 4960 CONFERENCE WAY N, SUITE 100, BOCA RATON FL 33431
Allmand James R Iii director PO BOX 267068, WESTON FL 33326
Orlando Sharpe director C/O SHARPE PROJECT DEVELOPMENTS, INC., 1212 S. ANDREWS AVE., STE. 203, FORT LAUDERDALE FL 33316
Lawrence A Cirillo director 755 SATURN STREET, APT I 104, JUPITER FL 33477
Gregory Adam Haile director 401 EAST LAS OLAS BLVD SUITE 800, FORT LAUDERDALE FL 33301
Cagnetta Andrew R. Jr. director 401 EAST LAS OLAS BOULEVARD, SUITE 800, FORT LAUDERDALE FL 33301
Brett Sheppard officer: Chief Accounting Officer 201 EAST LAS OLAS BOULEVARD, SUITE 1900, FORT LAUDERDALE FL 33301
Winningham Charlie C Ii director P. O. BOX 39001, FT LAUDERDALE FL 33303