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Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) ROE % : 0.06% (As of Dec. 2023)


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What is Tokyo Electric Power Co Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tokyo Electric Power Co Holdings's annualized net income for the quarter that ended in Dec. 2023 was $15 Mil. Tokyo Electric Power Co Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $24,675 Mil. Therefore, Tokyo Electric Power Co Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 0.06%.

The historical rank and industry rank for Tokyo Electric Power Co Holdings's ROE % or its related term are showing as below:

TKECY' s ROE % Range Over the Past 10 Years
Min: -3.94   Med: 6.3   Max: 24.93
Current: 7.83

During the past 13 years, Tokyo Electric Power Co Holdings's highest ROE % was 24.93%. The lowest was -3.94%. And the median was 6.30%.

TKECY's ROE % is ranked better than
58.96% of 424 companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.825 vs TKECY: 7.83

Tokyo Electric Power Co Holdings ROE % Historical Data

The historical data trend for Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings ROE % Chart

Tokyo Electric Power Co Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 5.98 0.09 -3.70 7.67

Tokyo Electric Power Co Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 75.87 16.61 24.34 0.06 -9.22

Competitive Comparison of Tokyo Electric Power Co Holdings's ROE %

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.


Tokyo Electric Power Co Holdings's ROE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Electric Power Co Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Tokyo Electric Power Co Holdings's ROE % falls into.



Tokyo Electric Power Co Holdings ROE % Calculation

Tokyo Electric Power Co Holdings's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=1787.829/( (23157.986+23436.763)/ 2 )
=1787.829/23297.3745
=7.67 %

Tokyo Electric Power Co Holdings'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 )
=15.028/( (24415.618+24934.384)/ 2 )
=15.028/24675.001
=0.06 %

* 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.


Tokyo Electric Power Co Holdings  (OTCPK:TKECY) 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
=15.028/24675.001
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15.028 / 44209.792)*(44209.792 / 97409.1735)*(97409.1735 / 24675.001)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.03 %*0.4539*3.9477
=ROA %*Equity Multiplier
=0.01 %*3.9477
=0.06 %

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
=15.028/24675.001
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (15.028 / -108.208) * (-108.208 / 772.848) * (772.848 / 44209.792) * (44209.792 / 97409.1735) * (97409.1735 / 24675.001)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.1389 * -0.14 * 1.75 % * 0.4539 * 3.9477
=0.06 %

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.


Tokyo Electric Power Co Holdings ROE % Related Terms

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Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Business Description

Traded in Other Exchanges
Address
1-3, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8560
Tokyo Electric Power Co Holdings, or TEPCO, is a holding company that, through its subsidiaries, supplies electric power to Tokyo's metropolitan area in Japan. TEPCO segments its business operations through subsidiaries that, manage fuel and thermal power generation, power transmission and distribution, and retail electricity sales. To produce electricity, the company controls a portfolio of hydroelectric, thermal, and nuclear power plants. TEPCO's thermal facilities, which utilize oil, natural gas, and coal fuel sources, account for the vast majority of its energy production. Almost all of Tokyo Electric Power's revenue is derived from the sale of electricity to primarily retail customers. The company serves the energy needs of a substantial portion of Japan's population.

Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Headlines

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