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Crown Crafts (Crown Crafts) ROE %

: 13.43% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Crown Crafts's annualized net income for the quarter that ended in Dec. 2023 was $6.81 Mil. Crown Crafts's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $50.69 Mil. Therefore, Crown Crafts's annualized ROE % for the quarter that ended in Dec. 2023 was 13.43%.

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

CRWS' s ROE % Range Over the Past 10 Years
Min: 7.72   Med: 14.79   Max: 22.63
Current: 9.49

During the past 13 years, Crown Crafts's highest ROE % was 22.63%. The lowest was 7.72%. And the median was 14.79%.

CRWS's ROE % is ranked better than
61.35% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.22 vs CRWS: 9.49

Crown Crafts ROE % Historical Data

The historical data trend for Crown Crafts'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.

Crown Crafts Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.44 15.65 14.43 22.63 11.89

Crown Crafts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 11.10 6.75 2.98 14.71 13.43

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Crown Crafts'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.


Crown Crafts ROE % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crown Crafts's ROE % distribution charts can be found below:

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



Crown Crafts ROE % Calculation

Crown Crafts's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=5.65/( (45.801+49.214)/ 2 )
=5.65/47.5075
=11.89 %

Crown Crafts's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=6.808/( (50.153+51.225)/ 2 )
=6.808/50.689
=13.43 %

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


Crown Crafts  (NAS:CRWS) 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
=6.808/50.689
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.808 / 95.204)*(95.204 / 88.493)*(88.493 / 50.689)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.15 %*1.0758*1.7458
=ROA %*Equity Multiplier
=7.69 %*1.7458
=13.43 %

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
=6.808/50.689
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6.808 / 8.776) * (8.776 / 9.308) * (9.308 / 95.204) * (95.204 / 88.493) * (88.493 / 50.689)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7758 * 0.9428 * 9.78 % * 1.0758 * 1.7458
=13.43 %

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


Crown Crafts ROE % Related Terms

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


Crown Crafts (Crown Crafts) Business Description

Traded in Other Exchanges
N/A
Address
916 S. Burnside Avenue, Gonzales, LA, USA, 70737
Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of company-owned trademarks, under trademarks licensed from others, and as private-label goods.
Executives
Donald R Ratajczak director THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Zenon S Nie director
Michael Benstock director C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
E Randall Chestnut director, officer: President and CEO
Craig Demarest officer: VP and CFO C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130
Nanci Freeman officer: Pres & CEO/Infant Products Div 5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849
Donna Sheridan officer: Pres & CEO / NoJo Baby & Kids 711 WEST WALNUT STREET, COMPTON CA 90220
Patricia Stensrud director P.O. BOX 1028, GONZALES LA 70707
Kenneth C. Cowart officer: Director, Information Systems P.O. BOX 1028, GONZALES LA 70707
Stephen Guyer officer: VP Procurement/Infant Products 711 WEST WALNUT STREET, COMPTON CA 90220
Susan I. Christensen officer: VP Sales/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Debra Dunne officer: VP Design/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jon C Biro director 5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057