GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grupo Industrial Saltillo SAB de CV (GREY:GISMF) » Definitions » ROE %

Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) ROE % : -0.43% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Grupo IndustrialltilloB de CV ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Grupo IndustrialltilloB de CV's annualized net income for the quarter that ended in Mar. 2024 was $-2.42 Mil. Grupo IndustrialltilloB de CV's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $562.64 Mil. Therefore, Grupo IndustrialltilloB de CV's annualized ROE % for the quarter that ended in Mar. 2024 was -0.43%.

The historical rank and industry rank for Grupo IndustrialltilloB de CV's ROE % or its related term are showing as below:

GISMF' s ROE % Range Over the Past 10 Years
Min: -0.93   Med: 6.11   Max: 11.04
Current: -1.91

During the past 13 years, Grupo IndustrialltilloB de CV's highest ROE % was 11.04%. The lowest was -0.93%. And the median was 6.11%.

GISMF's ROE % is ranked worse than
80.51% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 7.315 vs GISMF: -1.91

Grupo IndustrialltilloB de CV ROE % Historical Data

The historical data trend for Grupo IndustrialltilloB de CV'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.

Grupo IndustrialltilloB de CV ROE % Chart

Grupo IndustrialltilloB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 -0.91 3.10 6.64 3.00

Grupo IndustrialltilloB de CV 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 18.94 -0.01 -5.07 -2.23 -0.43

Competitive Comparison of Grupo IndustrialltilloB de CV's ROE %

For the Auto Parts subindustry, Grupo IndustrialltilloB de CV'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.


Grupo IndustrialltilloB de CV's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grupo IndustrialltilloB de CV's ROE % distribution charts can be found below:

* The bar in red indicates where Grupo IndustrialltilloB de CV's ROE % falls into.



Grupo IndustrialltilloB de CV ROE % Calculation

Grupo IndustrialltilloB de CV's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=17.282/( (583.478+566.852)/ 2 )
=17.282/575.165
=3.00 %

Grupo IndustrialltilloB de CV's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-2.416/( (566.852+558.42)/ 2 )
=-2.416/562.636
=-0.43 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Grupo IndustrialltilloB de CV  (GREY:GISMF) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.416/562.636
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.416 / 1087.096)*(1087.096 / 1208.209)*(1208.209 / 562.636)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.22 %*0.8998*2.1474
=ROA %*Equity Multiplier
=-0.2 %*2.1474
=-0.43 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.416/562.636
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.416 / 5.992) * (5.992 / 31.124) * (31.124 / 1087.096) * (1087.096 / 1208.209) * (1208.209 / 562.636)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.4032 * 0.1925 * 2.86 % * 0.8998 * 2.1474
=-0.43 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Grupo IndustrialltilloB de CV ROE % Related Terms

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


Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) Business Description

Traded in Other Exchanges
Address
375 Chiapas Esquina Candela, Saltillo, Coahuila, MEX, 25280
Grupo Industrial Saltillo SAB de CV is an integrated industrial company that operates through three business segments: construction materials, the iron foundry division, and the domestic goods unit. The construction segment creates ceramics, indoor heaters, and industrial water heaters. The iron foundry produces gray iron, nodular iron, aluminum, and auto parts. The auto parts include engine blocks and heads for both diesel and gas engines and the firm's primary clients for these goods include automobile and industrial companies. The company's domestic goods business manufactures appliances, tableware, and kitchenware products. The company generates the vast majority of its revenue in Mexico.

Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) Headlines

No Headlines