GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NAOS Ex-50 Opportunities Company Ltd (ASX:NACGA) » Definitions » ROE %

NAOS Ex-50 Opportunities Company (ASX:NACGA) ROE % : 0.00% (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is NAOS Ex-50 Opportunities Company ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NAOS Ex-50 Opportunities Company's annualized net income for the quarter that ended in . 20 was A$ Mil. NAOS Ex-50 Opportunities Company's average Total Stockholders Equity over the quarter that ended in . 20 was A$ Mil. Therefore, NAOS Ex-50 Opportunities Company's annualized ROE % for the quarter that ended in . 20 was %.

The historical rank and industry rank for NAOS Ex-50 Opportunities Company's ROE % or its related term are showing as below:

ASX:NACGA's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 4.33
* Ranked among companies with meaningful ROE % only.

NAOS Ex-50 Opportunities Company ROE % Historical Data

The historical data trend for NAOS Ex-50 Opportunities Company'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.

NAOS Ex-50 Opportunities Company ROE % Chart

NAOS Ex-50 Opportunities Company Annual Data
Trend
ROE %

NAOS Ex-50 Opportunities Company Semi-Annual Data
ROE %

Competitive Comparison of NAOS Ex-50 Opportunities Company's ROE %

For the Asset Management subindustry, NAOS Ex-50 Opportunities Company'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.


NAOS Ex-50 Opportunities Company's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NAOS Ex-50 Opportunities Company's ROE % distribution charts can be found below:

* The bar in red indicates where NAOS Ex-50 Opportunities Company's ROE % falls into.



NAOS Ex-50 Opportunities Company ROE % Calculation

NAOS Ex-50 Opportunities Company's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

NAOS Ex-50 Opportunities Company's annualized ROE % for the quarter that ended in . 20 is calculated as

ROE %=Net Income (Q: . 20 )/( (Total Stockholders Equity (Q: . 20 )+Total Stockholders Equity (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


NAOS Ex-50 Opportunities Company  (ASX:NACGA) 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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*( / )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= ( / ) * ( / ) * ( / ) * ( / ) * ( / )
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= * * % * *
= %

Note: The net income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


NAOS Ex-50 Opportunities Company ROE % Related Terms

Thank you for viewing the detailed overview of NAOS Ex-50 Opportunities Company's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


NAOS Ex-50 Opportunities Company (ASX:NACGA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
25 Martin Place, Level 34, Sydney, NSW, AUS, 2000
NAOS Ex-50 Opportunities Company Ltd is an investment company. Its fund manager provides genuine, concentrated exposure to quality private & public emerging companies.

NAOS Ex-50 Opportunities Company (ASX:NACGA) Headlines

No Headlines