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Euro India Fresh Foods (NSE:EIFFL) ROE % : 1.89% (As of Mar. 2023)


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What is Euro India Fresh Foods ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Euro India Fresh Foods's annualized net income for the quarter that ended in Mar. 2023 was ₹12 Mil. Euro India Fresh Foods's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was ₹639 Mil. Therefore, Euro India Fresh Foods's annualized ROE % for the quarter that ended in Mar. 2023 was 1.89%.

The historical rank and industry rank for Euro India Fresh Foods's ROE % or its related term are showing as below:

NSE:EIFFL' s ROE % Range Over the Past 10 Years
Min: -0.29   Med: 2.2   Max: 3.88
Current: 1.89

During the past 12 years, Euro India Fresh Foods's highest ROE % was 3.88%. The lowest was -0.29%. And the median was 2.20%.

NSE:EIFFL's ROE % is ranked worse than
67.69% of 1823 companies
in the Consumer Packaged Goods industry
Industry Median: 6.43 vs NSE:EIFFL: 1.89

Euro India Fresh Foods ROE % Historical Data

The historical data trend for Euro India Fresh Foods'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.

Euro India Fresh Foods ROE % Chart

Euro India Fresh Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 0.59 2.16 2.23 1.89

Euro India Fresh Foods Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 0.59 2.16 2.23 1.89

Competitive Comparison of Euro India Fresh Foods's ROE %

For the Packaged Foods subindustry, Euro India Fresh Foods'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.


Euro India Fresh Foods's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Euro India Fresh Foods's ROE % distribution charts can be found below:

* The bar in red indicates where Euro India Fresh Foods's ROE % falls into.



Euro India Fresh Foods ROE % Calculation

Euro India Fresh Foods's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=12.1/( (632.9+645)/ 2 )
=12.1/638.95
=1.89 %

Euro India Fresh Foods's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=12.1/( (632.9+645)/ 2 )
=12.1/638.95
=1.89 %

* 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 one times the annual (Mar. 2023) net income data. ROE % is displayed in the 30-year financial page.


Euro India Fresh Foods  (NSE:EIFFL) 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. 2023 )
=Net Income/Total Stockholders Equity
=12.1/638.95
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.1 / 1388.6)*(1388.6 / 1187.8)*(1187.8 / 638.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.87 %*1.1691*1.859
=ROA %*Equity Multiplier
=1.02 %*1.859
=1.89 %

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. 2023 )
=Net Income/Total Stockholders Equity
=12.1/638.95
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12.1 / 17.1) * (17.1 / 49.7) * (49.7 / 1388.6) * (1388.6 / 1187.8) * (1187.8 / 638.95)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7076 * 0.3441 * 3.58 % * 1.1691 * 1.859
=1.89 %

Note: The net income data used here is one times the annual (Mar. 2023) net income data. The Revenue data used here is one times the annual (Mar. 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.


Euro India Fresh Foods ROE % Related Terms

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Euro India Fresh Foods (NSE:EIFFL) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059
Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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