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Shaver Shop Group (ASX:SSG) ROE % : 28.58% (As of Dec. 2023)


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What is Shaver Shop Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shaver Shop Group's annualized net income for the quarter that ended in Dec. 2023 was A$25.0 Mil. Shaver Shop Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was A$87.3 Mil. Therefore, Shaver Shop Group's annualized ROE % for the quarter that ended in Dec. 2023 was 28.58%.

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

ASX:SSG' s ROE % Range Over the Past 10 Years
Min: 11.12   Med: 17.05   Max: 25.56
Current: 17.96

During the past 7 years, Shaver Shop Group's highest ROE % was 25.56%. The lowest was 11.12%. And the median was 17.05%.

ASX:SSG's ROE % is ranked better than
79.14% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 5.96 vs ASX:SSG: 17.96

Shaver Shop Group ROE % Historical Data

The historical data trend for Shaver Shop 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.

Shaver Shop Group ROE % Chart

Shaver Shop Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial 11.19 17.05 25.56 22.08 20.65

Shaver Shop Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 34.23 9.14 33.04 7.41 28.58

Competitive Comparison of Shaver Shop Group's ROE %

For the Specialty Retail subindustry, Shaver Shop 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.


Shaver Shop Group's ROE % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Shaver Shop Group's ROE % falls into.



Shaver Shop Group ROE % Calculation

Shaver Shop Group's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=16.819/( (78.634+84.297)/ 2 )
=16.819/81.4655
=20.65 %

Shaver Shop Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=24.96/( (84.297+90.373)/ 2 )
=24.96/87.335
=28.58 %

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


Shaver Shop Group  (ASX:SSG) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=24.96/87.335
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(24.96 / 254.1)*(254.1 / 135.921)*(135.921 / 87.335)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.82 %*1.8695*1.5563
=ROA %*Equity Multiplier
=18.36 %*1.5563
=28.58 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=24.96/87.335
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (24.96 / 35.578) * (35.578 / 36.23) * (36.23 / 254.1) * (254.1 / 135.921) * (135.921 / 87.335)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7016 * 0.982 * 14.26 % * 1.8695 * 1.5563
=28.58 %

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


Shaver Shop Group ROE % Related Terms

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Shaver Shop Group (ASX:SSG) Business Description

Traded in Other Exchanges
N/A
Address
1341 Dandenong Road, Level 1, Chadstone Tower One, Chadstone, VIC, AUS, 3148
Shaver Shop Group Ltd operates in one segment, the retail sales of specialist personal grooming products through their corporate and online stores. It offers products such as electric shavers, beard trimmers, hair clippers, body groomers, manual shavers, ladies' hair shavers, and pet clippers, trimmers and blades. Geographically it holds stores in Australia and New Zealand.

Shaver Shop Group (ASX:SSG) Headlines

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