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Unifi (UFI) ROE %

: -26.62% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Unifi's annualized net income for the quarter that ended in Dec. 2023 was $-79.4 Mil. Unifi's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $298.2 Mil. Therefore, Unifi's annualized ROE % for the quarter that ended in Dec. 2023 was -26.62%.

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

UFI' s ROE % Range Over the Past 10 Years
Min: -16.85   Med: 8.54   Max: 14.47
Current: -16.85

During the past 13 years, Unifi's highest ROE % was 14.47%. The lowest was -16.85%. And the median was 8.54%.

UFI's ROE % is ranked worse than
88.7% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.2 vs UFI: -16.85

Unifi ROE % Historical Data

The historical data trend for Unifi'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.

Unifi Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 -16.15 8.62 4.21 -13.53

Unifi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -21.12 -6.19 -18.57 -16.89 -26.62

Competitive Comparison

For the Textile Manufacturing subindustry, Unifi'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.


Unifi ROE % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Unifi's ROE % distribution charts can be found below:

* The bar in red indicates where Unifi's ROE % falls into.



Unifi ROE % Calculation

Unifi's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-46.344/( (361.449+323.61)/ 2 )
=-46.344/342.5295
=-13.53 %

Unifi'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 )
=-79.384/( (305.029+291.34)/ 2 )
=-79.384/298.1845
=-26.62 %

* 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.


Unifi  (NYSE:UFI) 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
=-79.384/298.1845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-79.384 / 547.668)*(547.668 / 504.195)*(504.195 / 298.1845)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.49 %*1.0862*1.6909
=ROA %*Equity Multiplier
=-15.74 %*1.6909
=-26.62 %

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
=-79.384/298.1845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-79.384 / -77.864) * (-77.864 / -50.168) * (-50.168 / 547.668) * (547.668 / 504.195) * (504.195 / 298.1845)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0195 * 1.5521 * -9.16 % * 1.0862 * 1.6909
=-26.62 %

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.


Unifi ROE % Related Terms

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


Unifi (UFI) Business Description

Traded in Other Exchanges
Address
7201 West Friendly Avenue, Greensboro, NC, USA, 27410
Unifi Inc is a multi-national company. It manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns, with principal geographic markets in the Americas, Europe and Asia.
Executives
Kenneth G Langone director 375 PARK AVENUE, STE 2205, NEW YORK NY 10152
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Andrew James Eaker officer: Interim CFO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Gregory K Sigmon officer: SVP, General Counsel 7201 WEST FRIENDLY AVE, GREENSBORO NC 27410
Archibald Jr Cox director 151 EAST 58TH STREET, #33F, NEW YORK NY 10022
Edmund M Ingle director, officer: CEO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Francis S Blake director 2455 PACES FERRY RD, ATLANTA GA 30339
Jeffrey W Ubben 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Craig A Creaturo officer: EVP & CFO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Robert J Bishop director IMPALA ASSET MANAGEMENT LLC, 107 CHERRY ST, NEW CANAAN CT 06840
Rhonda L. Ramlo director 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Eva T. Zlotnicka director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
James M Kilts director 120 PARK AVE, NEW YORK NY 10017
James D. Mead director P.O. BOX 440, NEW FAIRFIELD CT 06812