GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Steakholder Foods Ltd (OTCPK:MTTCF) » Definitions » ROE %
中文

Steakholder Foods (Steakholder Foods) ROE % : 0.00% (As of Jun. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Steakholder Foods ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Steakholder Foods's annualized net income for the quarter that ended in Jun. 2023 was $0.00 Mil. Steakholder Foods's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $4.29 Mil. Therefore, Steakholder Foods's annualized ROE % for the quarter that ended in Jun. 2023 was 0.00%.

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

MTTCF' s ROE % Range Over the Past 10 Years
Min: -216.38   Med: -53.09   Max: Negative Equity
Current: -207.15

During the past 13 years, Steakholder Foods's highest ROE % was Negative Equity%. The lowest was -216.38%. And the median was -53.09%.

MTTCF's ROE % is ranked worse than
98.57% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 6.375 vs MTTCF: -207.15

Steakholder Foods ROE % Historical Data

The historical data trend for Steakholder Foods'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.

Steakholder Foods ROE % Chart

Steakholder Foods Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.14 -21.66 -216.38 -67.68 -135.22

Steakholder Foods Quarterly Data
Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 -56.79 -56.50 -38.95 -473.63 -

Competitive Comparison of Steakholder Foods's ROE %

For the Packaged Foods subindustry, Steakholder Foods'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.


Steakholder Foods's ROE % Distribution in the Consumer Packaged Goods Industry

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

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



Steakholder Foods ROE % Calculation

Steakholder Foods's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-30.767/( (37.622+7.883)/ 2 )
=-30.767/22.7525
=-135.22 %

Steakholder Foods's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=0/( (7.883+0.696)/ 2 )
=0/4.2895
=0.00 %

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


Steakholder Foods  (OTCPK:MTTCF) 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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0/4.2895
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 13.076)*(13.076 / 4.2895)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*3.0484
=ROA %*Equity Multiplier
=N/A %*3.0484
=0.00 %

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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0/4.2895
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 13.076) * (13.076 / 4.2895)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 3.0484
=0.00 %

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


Steakholder Foods ROE % Related Terms

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


Steakholder Foods (Steakholder Foods) Business Description

Traded in Other Exchanges
Address
5 David Fikes Street, P.O. Box 4061, Rehovot, ISR, 7632805
Steakholder Foods Ltd is a deep-tech food company. The company is cultivating meat technologies to improve meat production, simplify the meat supply chain and offer consumers a range of new product offerings. The company aims to provide an alternative to industrialized animal farming that reduces carbon footprint, minimizes water and land usage and prevents the slaughtering of animals. It is developing a novel, proprietary three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat. Through modular factory design, it expects to be able to offer a sustainable solution for producing a variety of beef, chicken and pork products, both as raw materials and whole cuts.