GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enerjisa Enerji AS (IST:ENJSA) » Definitions » ROE %

Enerjisa Enerji AS (IST:ENJSA) ROE % : -74.94% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Enerjisa Enerji AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Enerjisa Enerji AS's annualized net income for the quarter that ended in Dec. 2023 was ₺-33,654 Mil. Enerjisa Enerji AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₺44,911 Mil. Therefore, Enerjisa Enerji AS's annualized ROE % for the quarter that ended in Dec. 2023 was -74.94%.

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

IST:ENJSA' s ROE % Range Over the Past 10 Years
Min: -2.07   Med: 13.92   Max: 133.46
Current: 4.87

During the past 11 years, Enerjisa Enerji AS's highest ROE % was 133.46%. The lowest was -2.07%. And the median was 13.92%.

IST:ENJSA's ROE % is ranked worse than
71.54% of 520 companies
in the Utilities - Regulated industry
Industry Median: 8.41 vs IST:ENJSA: 4.87

Enerjisa Enerji AS ROE % Historical Data

The historical data trend for Enerjisa Enerji AS'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.

Enerjisa Enerji AS ROE % Chart

Enerjisa Enerji AS 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 15.74 15.55 27.66 133.46 11.39

Enerjisa Enerji AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 463.15 7.26 -11.83 117.54 -74.94

Competitive Comparison of Enerjisa Enerji AS's ROE %

For the Utilities - Regulated Electric subindustry, Enerjisa Enerji AS'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.


Enerjisa Enerji AS's ROE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enerjisa Enerji AS's ROE % distribution charts can be found below:

* The bar in red indicates where Enerjisa Enerji AS's ROE % falls into.



Enerjisa Enerji AS ROE % Calculation

Enerjisa Enerji AS'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 )
=4517.326/( (21572.246+57774.466)/ 2 )
=4517.326/39673.356
=11.39 %

Enerjisa Enerji AS'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 )
=-33654.236/( (32046.733+57774.466)/ 2 )
=-33654.236/44910.5995
=-74.94 %

* 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.


Enerjisa Enerji AS  (IST:ENJSA) 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
=-33654.236/44910.5995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-33654.236 / 281749.568)*(281749.568 / 113379.512)*(113379.512 / 44910.5995)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.94 %*2.485*2.5246
=ROA %*Equity Multiplier
=-29.67 %*2.5246
=-74.94 %

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
=-33654.236/44910.5995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-33654.236 / -927.536) * (-927.536 / 22696.936) * (22696.936 / 281749.568) * (281749.568 / 113379.512) * (113379.512 / 44910.5995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 36.2835 * -0.0409 * 8.06 % * 2.485 * 2.5246
=-74.94 %

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.


Enerjisa Enerji AS ROE % Related Terms

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


Enerjisa Enerji AS (IST:ENJSA) Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Mahallesi, Begonya Sokak, Nida Kule Atasehir Bati Sitesi No 1/1, Atasehir, Istanbul, TUR, 34748
Enerjisa Enerji AS is Turkey's electricity distribution and retail company in a regulated sector, operating in 3 regions. Its electricity distribution and retail operations are carried out through its subsidiaries. Enerjisa Musteri Cozumleri was established to operate in customer solutions and distributed generation.

Enerjisa Enerji AS (IST:ENJSA) Headlines

No Headlines