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Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) ROE % : -2.58% (As of Jul. 2021)


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What is Morrison (Wm) Supermarkets ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Morrison (Wm) Supermarkets's annualized net income for the quarter that ended in Jul. 2021 was $-149 Mil. Morrison (Wm) Supermarkets's average Total Stockholders Equity over the quarter that ended in Jul. 2021 was $5,779 Mil. Therefore, Morrison (Wm) Supermarkets's annualized ROE % for the quarter that ended in Jul. 2021 was -2.58%.

The historical rank and industry rank for Morrison (Wm) Supermarkets's ROE % or its related term are showing as below:

MRWSY's ROE % is not ranked *
in the Retail - Defensive industry.
Industry Median: 9.67
* Ranked among companies with meaningful ROE % only.

Morrison (Wm) Supermarkets ROE % Historical Data

The historical data trend for Morrison (Wm) Supermarkets'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.

Morrison (Wm) Supermarkets ROE % Chart

Morrison (Wm) Supermarkets Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.23 7.89 5.25 7.90 2.24

Morrison (Wm) Supermarkets Semi-Annual Data
Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21
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 7.07 8.85 3.07 1.24 -2.58

Competitive Comparison of Morrison (Wm) Supermarkets's ROE %

For the Grocery Stores subindustry, Morrison (Wm) Supermarkets'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.


Morrison (Wm) Supermarkets's ROE % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Morrison (Wm) Supermarkets's ROE % distribution charts can be found below:

* The bar in red indicates where Morrison (Wm) Supermarkets's ROE % falls into.



Morrison (Wm) Supermarkets ROE % Calculation

Morrison (Wm) Supermarkets's annualized ROE % for the fiscal year that ended in Jan. 2021 is calculated as

ROE %=Net Income (A: Jan. 2021 )/( (Total Stockholders Equity (A: Jan. 2020 )+Total Stockholders Equity (A: Jan. 2021 ))/ count )
=130.969/( (5935.948+5751.705)/ 2 )
=130.969/5843.8265
=2.24 %

Morrison (Wm) Supermarkets's annualized ROE % for the quarter that ended in Jul. 2021 is calculated as

ROE %=Net Income (Q: Jul. 2021 )/( (Total Stockholders Equity (Q: Jan. 2021 )+Total Stockholders Equity (Q: Jul. 2021 ))/ count )
=-149.172/( (5751.705+5806.63)/ 2 )
=-149.172/5779.1675
=-2.58 %

* 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 two times the semi-annual (Jul. 2021) net income data. ROE % is displayed in the 30-year financial page.


Morrison (Wm) Supermarkets  (OTCPK:MRWSY) 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: Jul. 2021 )
=Net Income/Total Stockholders Equity
=-149.172/5779.1675
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-149.172 / 25011.05)*(25011.05 / 15304.901)*(15304.901 / 5779.1675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.6 %*1.6342*2.6483
=ROA %*Equity Multiplier
=-0.98 %*2.6483
=-2.58 %

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: Jul. 2021 )
=Net Income/Total Stockholders Equity
=-149.172/5779.1675
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-149.172 / 226.52) * (226.52 / 381.216) * (381.216 / 25011.05) * (25011.05 / 15304.901) * (15304.901 / 5779.1675)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.6585 * 0.5942 * 1.52 % * 1.6342 * 2.6483
=-2.58 %

Note: The net income data used here is two times the semi-annual (Jul. 2021) net income data. The Revenue data used here is two times the semi-annual (Jul. 2021) 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.


Morrison (Wm) Supermarkets ROE % Related Terms

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Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Business Description

Traded in Other Exchanges
N/A
Address
Gain Lane, Hilmore House, Bradford, West Yorkshire, GBR, BD3 7DL
Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).

Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Headlines