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Pets at Home Group (Pets at Home Group) ROE % : 5.10% (As of Sep. 2023)


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What is Pets at Home Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pets at Home Group's annualized net income for the quarter that ended in Sep. 2023 was $63 Mil. Pets at Home Group's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $1,228 Mil. Therefore, Pets at Home Group's annualized ROE % for the quarter that ended in Sep. 2023 was 5.10%.

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

PAHGF' s ROE % Range Over the Past 10 Years
Min: 2.08   Med: 8.8   Max: 12.29
Current: 8.23

During the past 13 years, Pets at Home Group's highest ROE % was 12.29%. The lowest was 2.08%. And the median was 8.80%.

PAHGF's ROE % is ranked better than
57.83% of 1086 companies
in the Retail - Cyclical industry
Industry Median: 5.925 vs PAHGF: 8.23

Pets at Home Group ROE % Historical Data

The historical data trend for Pets at Home 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.

Pets at Home Group ROE % Chart

Pets at Home Group 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 3.27 7.12 10.00 11.98 9.30

Pets at Home Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 11.09 13.13 7.70 11.66 5.10

Competitive Comparison of Pets at Home Group's ROE %

For the Specialty Retail subindustry, Pets at Home 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.


Pets at Home Group's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pets at Home Group's ROE % distribution charts can be found below:

* The bar in red indicates where Pets at Home Group's ROE % falls into.



Pets at Home Group ROE % Calculation

Pets at Home Group'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 )
=122.209/( (1383.004+1244.053)/ 2 )
=122.209/1313.5285
=9.30 %

Pets at Home Group's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=62.624/( (1244.053+1211.634)/ 2 )
=62.624/1227.8435
=5.10 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Pets at Home Group  (OTCPK:PAHGF) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=62.624/1227.8435
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(62.624 / 1916.336)*(1916.336 / 2184.5845)*(2184.5845 / 1227.8435)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.27 %*0.8772*1.7792
=ROA %*Equity Multiplier
=2.87 %*1.7792
=5.10 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=62.624/1227.8435
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (62.624 / 85.892) * (85.892 / 103.712) * (103.712 / 1916.336) * (1916.336 / 2184.5845) * (2184.5845 / 1227.8435)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7291 * 0.8282 * 5.41 % * 0.8772 * 1.7792
=5.10 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Pets at Home Group ROE % Related Terms

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Pets at Home Group (Pets at Home Group) Business Description

Traded in Other Exchanges
Address
Epsom Avenue, Stanley Green Trading Estate, Handforth, Cheshire, GBR, SK9 3RN
Pets at Home Group PLC is an omnichannel British retailer operating mainly in the United Kingdom. The company has a network of stores, websites, grooming salons, and pet services, such as veterinary. The product portfolio is diverse, including items for dogs, cats, fish, reptiles, birds, and wildlife. The items sold are from the following categories: food, pet beds, toys, pet clothing, kennels, collars, healthcare, grooming, training, books, and accessories. The products are sold under the Pets at Home brand, private brand, and labels. The veterinary services are located within stores, as well as in stand-alone locations, throughout the U.K.