GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next 15 Group PLC (OTCPK:NXFNF) » Definitions » ROE %

Next 15 Group (Next 15 Group) ROE % : 56.37% (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Next 15 Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Next 15 Group's annualized net income for the quarter that ended in Jan. 2024 was $98.2 Mil. Next 15 Group's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $174.2 Mil. Therefore, Next 15 Group's annualized ROE % for the quarter that ended in Jan. 2024 was 56.37%.

The historical rank and industry rank for Next 15 Group's ROE % or its related term are showing as below:

NXFNF' s ROE % Range Over the Past 10 Years
Min: -78.31   Med: 1.95   Max: 41.07
Current: 41.07

During the past 13 years, Next 15 Group's highest ROE % was 41.07%. The lowest was -78.31%. And the median was 1.95%.

NXFNF's ROE % is ranked better than
93.93% of 989 companies
in the Media - Diversified industry
Industry Median: 2.39 vs NXFNF: 41.07

Next 15 Group ROE % Historical Data

The historical data trend for Next 15 Group'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.

Next 15 Group ROE % Chart

Next 15 Group Annual Data
Trend Jul13 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 -4.38 -77.96 1.80 39.82

Next 15 Group Semi-Annual Data
Jul13 Jan14 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -145.39 -24.14 22.19 25.38 56.37

Competitive Comparison of Next 15 Group's ROE %

For the Advertising Agencies subindustry, Next 15 Group'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.


Next 15 Group's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Next 15 Group's ROE % distribution charts can be found below:

* The bar in red indicates where Next 15 Group's ROE % falls into.



Next 15 Group ROE % Calculation

Next 15 Group's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=67.226/( (139.471+198.196)/ 2 )
=67.226/168.8335
=39.82 %

Next 15 Group's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=98.206/( (150.209+198.196)/ 2 )
=98.206/174.2025
=56.37 %

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


Next 15 Group  (OTCPK:NXFNF) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=98.206/174.2025
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(98.206 / 939.66)*(939.66 / 734.846)*(734.846 / 174.2025)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.45 %*1.2787*4.2183
=ROA %*Equity Multiplier
=13.36 %*4.2183
=56.37 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=98.206/174.2025
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (98.206 / 142.532) * (142.532 / 102.282) * (102.282 / 939.66) * (939.66 / 734.846) * (734.846 / 174.2025)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.689 * 1.3935 * 10.89 % * 1.2787 * 4.2183
=56.37 %

Note: The net income data used here is two times the semi-annual (Jan. 2024) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.


Next 15 Group ROE % Related Terms

Thank you for viewing the detailed overview of Next 15 Group's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Next 15 Group (Next 15 Group) Business Description

Traded in Other Exchanges
Address
60 Great Portland Street, London, GBR, W1W 7RT
Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Customer Engage; Customer Delivery; Customer Insight and Business Transformation. It generates maximum revenue from the Customer Engage segment.

Next 15 Group (Next 15 Group) Headlines