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ES Energyve Holding AB (OSTO:ESGR B) ROE % : -15.56% (As of Jan. 2024)


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What is ES Energyve Holding AB ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ES Energyve Holding AB's annualized net income for the quarter that ended in Jan. 2024 was kr-30.7 Mil. ES Energyve Holding AB's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was kr197.6 Mil. Therefore, ES Energyve Holding AB's annualized ROE % for the quarter that ended in Jan. 2024 was -15.56%.

The historical rank and industry rank for ES Energyve Holding AB's ROE % or its related term are showing as below:

OSTO:ESGR B' s ROE % Range Over the Past 10 Years
Min: -42.55   Med: -33.77   Max: 23.67
Current: -11.42

During the past 5 years, ES Energyve Holding AB's highest ROE % was 23.67%. The lowest was -42.55%. And the median was -33.77%.

OSTO:ESGR B's ROE % is ranked worse than
86.95% of 2957 companies
in the Industrial Products industry
Industry Median: 6.77 vs OSTO:ESGR B: -11.42

ES Energyve Holding AB ROE % Historical Data

The historical data trend for ES Energyve Holding AB'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.

ES Energyve Holding AB ROE % Chart

ES Energyve Holding AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
ROE %
-34.32 -42.55 -33.77 3.70 23.67

ES Energyve Holding AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 57.14 -0.30 -14.14 -10.33 -15.56

Competitive Comparison of ES Energyve Holding AB's ROE %

For the Specialty Industrial Machinery subindustry, ES Energyve Holding AB'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.


ES Energyve Holding AB's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ES Energyve Holding AB's ROE % distribution charts can be found below:

* The bar in red indicates where ES Energyve Holding AB's ROE % falls into.



ES Energyve Holding AB ROE % Calculation

ES Energyve Holding AB's annualized ROE % for the fiscal year that ended in Apr. 2023 is calculated as

ROE %=Net Income (A: Apr. 2023 )/( (Total Stockholders Equity (A: Apr. 2022 )+Total Stockholders Equity (A: Apr. 2023 ))/ count )
=32.87/( (50.134+227.564)/ 2 )
=32.87/138.849
=23.67 %

ES Energyve Holding AB's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=-30.748/( (200.526+194.74)/ 2 )
=-30.748/197.633
=-15.56 %

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


ES Energyve Holding AB  (OSTO:ESGR B) 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
=-30.748/197.633
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-30.748 / 201.3)*(201.3 / 271.76)*(271.76 / 197.633)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15.27 %*0.7407*1.3751
=ROA %*Equity Multiplier
=-11.31 %*1.3751
=-15.56 %

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
=-30.748/197.633
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-30.748 / -30.748) * (-30.748 / -29.74) * (-29.74 / 201.3) * (201.3 / 271.76) * (271.76 / 197.633)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0339 * -14.77 % * 0.7407 * 1.3751
=-15.56 %

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


ES Energyve Holding AB ROE % Related Terms

Thank you for viewing the detailed overview of ES Energyve Holding AB's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


ES Energyve Holding AB (OSTO:ESGR B) Business Description

Traded in Other Exchanges
N/A
Address
Nitgatan 2, Alingsas, SWE, SE-441 38
ES Energy Save Holding AB is engaged in the business of developing energy-saving products. The product portfolio includes heat pumps and systems. Also, the company provides heat pump accessories and air management services.

ES Energyve Holding AB (OSTO:ESGR B) Headlines

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