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Del Monte Pacific (SGX:D03) ROE % : -40.60% (As of Jan. 2024)


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What is Del Monte Pacific ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Del Monte Pacific's annualized net income for the quarter that ended in Jan. 2024 was S$-155 Mil. Del Monte Pacific's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was S$382 Mil. Therefore, Del Monte Pacific's annualized ROE % for the quarter that ended in Jan. 2024 was -40.60%.

The historical rank and industry rank for Del Monte Pacific's ROE % or its related term are showing as below:

SGX:D03' s ROE % Range Over the Past 10 Years
Min: -21.85   Med: 4.09   Max: 20.14
Current: -20.74

During the past 13 years, Del Monte Pacific's highest ROE % was 20.14%. The lowest was -21.85%. And the median was 4.09%.

SGX:D03's ROE % is ranked worse than
89.54% of 1826 companies
in the Consumer Packaged Goods industry
Industry Median: 6.62 vs SGX:D03: -20.74

Del Monte Pacific ROE % Historical Data

The historical data trend for Del Monte Pacific'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.

Del Monte Pacific ROE % Chart

Del Monte Pacific Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.69 -15.61 11.23 20.14 4.49

Del Monte Pacific 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 10.82 -15.22 -16.52 -11.23 -40.60

Competitive Comparison of Del Monte Pacific's ROE %

For the Packaged Foods subindustry, Del Monte Pacific'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.


Del Monte Pacific's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Del Monte Pacific's ROE % distribution charts can be found below:

* The bar in red indicates where Del Monte Pacific's ROE % falls into.



Del Monte Pacific ROE % Calculation

Del Monte Pacific'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 )
=22.573/( (581.41+424.6)/ 2 )
=22.573/503.005
=4.49 %

Del Monte Pacific'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 )
=-155.04/( (408.119+355.56)/ 2 )
=-155.04/381.8395
=-40.60 %

* 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.


Del Monte Pacific  (SGX:D03) 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
=-155.04/381.8395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-155.04 / 3456.28)*(3456.28 / 4681.271)*(4681.271 / 381.8395)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.49 %*0.7383*12.2598
=ROA %*Equity Multiplier
=-3.31 %*12.2598
=-40.60 %

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
=-155.04/381.8395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-155.04 / -173.124) * (-173.124 / 121.904) * (121.904 / 3456.28) * (3456.28 / 4681.271) * (4681.271 / 381.8395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8955 * -1.4202 * 3.53 % * 0.7383 * 12.2598
=-40.60 %

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.


Del Monte Pacific ROE % Related Terms

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


Del Monte Pacific (SGX:D03) Business Description

Traded in Other Exchanges
Address
17 Bukit Pasoh Road, Singapore, SGP, 089831
Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

Del Monte Pacific (SGX:D03) Headlines

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