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Ennis (EBF) ROE %

: 11.47% (As of Nov. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ennis's annualized net income for the quarter that ended in Nov. 2023 was $39.6 Mil. Ennis's average Total Stockholders Equity over the quarter that ended in Nov. 2023 was $345.4 Mil. Therefore, Ennis's annualized ROE % for the quarter that ended in Nov. 2023 was 11.47%.

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

EBF' s ROE % Range Over the Past 10 Years
Min: -13.75   Med: 10.92   Max: 14.89
Current: 13.28

During the past 13 years, Ennis's highest ROE % was 14.89%. The lowest was -13.75%. And the median was 10.92%.

EBF's ROE % is ranked better than
74.37% of 2954 companies
in the Industrial Products industry
Industry Median: 7.07 vs EBF: 13.28

Ennis ROE % Historical Data

The historical data trend for Ennis'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.

Ennis Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 13.13 8.10 9.59 14.89

Ennis Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 14.18 14.94 13.91 12.82 11.47

Competitive Comparison

For the Business Equipment & Supplies subindustry, Ennis'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.


Ennis ROE % Distribution

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

* The bar in red indicates where Ennis's ROE % falls into.



Ennis ROE % Calculation

Ennis's annualized ROE % for the fiscal year that ended in Feb. 2023 is calculated as

ROE %=Net Income (A: Feb. 2023 )/( (Total Stockholders Equity (A: Feb. 2022 )+Total Stockholders Equity (A: Feb. 2023 ))/ count )
=47.3/( (303.815+331.432)/ 2 )
=47.3/317.6235
=14.89 %

Ennis's annualized ROE % for the quarter that ended in Nov. 2023 is calculated as

ROE %=Net Income (Q: Nov. 2023 )/( (Total Stockholders Equity (Q: Aug. 2023 )+Total Stockholders Equity (Q: Nov. 2023 ))/ count )
=39.624/( (343.146+347.627)/ 2 )
=39.624/345.3865
=11.47 %

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


Ennis  (NYSE:EBF) 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: Nov. 2023 )
=Net Income/Total Stockholders Equity
=39.624/345.3865
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.624 / 418.484)*(418.484 / 400.04)*(400.04 / 345.3865)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.47 %*1.0461*1.1582
=ROA %*Equity Multiplier
=9.91 %*1.1582
=11.47 %

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: Nov. 2023 )
=Net Income/Total Stockholders Equity
=39.624/345.3865
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (39.624 / 55.264) * (55.264 / 52.484) * (52.484 / 418.484) * (418.484 / 400.04) * (400.04 / 345.3865)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.717 * 1.053 * 12.54 % * 1.0461 * 1.1582
=11.47 %

Note: The net income data used here is four times the quarterly (Nov. 2023) net income data. The Revenue data used here is four times the quarterly (Nov. 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.


Ennis ROE % Related Terms

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


Ennis (EBF) Business Description

Traded in Other Exchanges
N/A
Address
2441 Presidential Parkway, Midlothian, TX, USA, 76065
Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialities, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging.
Executives
Daniel Gus officer: General Counsel & Asst. Secy. 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Robert T Pennington officer: Chief Revenue Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Boyne Wade Brewer officer: Chief Operating Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Alejandro Quiroz director 18943 DE ENCLAVE, SAN ANTONIO TX 78258
Vera Burnett officer: Interim CFO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Margaret A Walters director 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Barbara T Clemens director 12024 BEAUTYBRUSH, BEE CAVE TX 78738
Aaron Carter director 2502 GARRETT COURT, CEDAR HILL TX 75104
Michael D Magill officer: Exec VP and Treasurer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Gary S Mozina director 27300 HIDDEN RIVER COURT, BONITA SPRINGS FL 34134
Troy L Priddy director 2206 SHANE DRIVE, MIDLOTHIAN TX 76065
John R Blind director 316 LAKE STILLWATER DRIVE, SAINT SIMONS ISLAND GA 31522
Kenneth G Pritchett director 4470 E. HIGHWAY 287, SUITE 800, MIDLOTHIAN TX 76065
Keith S Walters director, officer: Chairman, President and CEO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Irshad Ahmad officer: VP-Chief Technology Officer ENNIS INC, 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065

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