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Motorcar Parts of America ROE %

: -0.41% (As of Mar. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Motorcar Parts of America's annualized net income attributable to common stockholders for the quarter that ended in Mar. 2022 was $-1.3 Mil. Motorcar Parts of America's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was $314.2 Mil. Therefore, Motorcar Parts of America's annualized ROE % for the quarter that ended in Mar. 2022 was -0.41%.

The historical rank and industry rank for Motorcar Parts of America's ROE % or its related term are showing as below:

MPAA' s ROE % Range Over the Past 10 Years
Min: -261.07   Med: 6.23   Max: 202.33
Current: 2.38

During the past 13 years, Motorcar Parts of America's highest ROE % was 202.33%. The lowest was -261.07%. And the median was 6.23%.

MPAA's ROE % is ranked worse than
67.02% of 1213 companies
in the Vehicles & Parts industry
Industry Median: 5.90 vs MPAA: 2.38

Motorcar Parts of America ROE % Historical Data

The historical data trend for Motorcar Parts of America'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.

Motorcar Parts of America Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.19 -2.77 -2.63 7.45 2.39

Motorcar Parts of America Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.11 1.14 4.79 4.03 -0.41

Competitive Comparison

For the Auto Parts subindustry, Motorcar Parts of America'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.

   

Motorcar Parts of America ROE % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcar Parts of America's ROE % distribution charts can be found below:

* The bar in red indicates where Motorcar Parts of America's ROE % falls into.



Motorcar Parts of America ROE % Calculation

Motorcar Parts of America's annualized ROE % for the fiscal year that ended in Mar. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Mar. 2022 )/( (Total Stockholders Equity (A: Mar. 2021 )+Total Stockholders Equity (A: Mar. 2022 ))/ count )
=7.361/( (301.145+315.263)/ 2 )
=7.361/308.204
=2.39 %

Motorcar Parts of America's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=-1.288/( (313.12+315.263)/ 2 )
=-1.288/314.1915
=-0.41 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Mar. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Motorcar Parts of America  (NAS:MPAA) 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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-1.288/314.1915
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.288 / 655.664)*(655.664 / 976.989)*(976.989 / 314.1915)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.2 %*0.6711*3.1095
=ROA %*Equity Multiplier
=-0.13 %*3.1095
=-0.41 %

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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-1.288/314.1915
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (-1.288 / 2.72) * (2.72 / 5.132) * (5.132 / 655.664) * (655.664 / 976.989) * (976.989 / 314.1915)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.4735 * 0.53 * 0.78 % * 0.6711 * 3.1095
=-0.41 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Mar. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders 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.


Motorcar Parts of America ROE % Related Terms

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


Motorcar Parts of America Business Description

Motorcar Parts of America logo
Traded in Other Exchanges
Address
2929 California Street, Torrance, CA, USA, 90503
Motorcar Parts of America Inc is a US-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the US, of which a majority of the revenue is derived from the sales of rotating electrical products.
Executives
Warfield Patricia W director 2929 CALIFORNIA STREET TORRANCE CA 90503
Rankin Jamy P. director C/O MOTOR CAR PARTS OF AMERICA, INC. 2929 CALIFORNIA STREET TORRANCE CA 90503
Shah Kamlesh officer: Chief Accounting Officer C/O MOTORCAR PARTS OF AMERICA, INC. 2929 CALIFORNIA STREET TORRANCE CA 90503
Stone Juliet Lynn officer: VP, Gen Counsel and Secretary C/O MOTORCAR PARTS OF AMERICA, INC. 2020 CALIFORNIA STREET TORRANCE CA 90503
Vargo Timothy D director 700 KEOUGH DRIVE PIPERTON TN 38017
Whittaker Barbara L director 1594 HERONWOOD COURT BLOOMFIELD HILLS MI 48302
Ferguson Joseph Edwin director 5103 SOUTH GARTH AVENUE LOS ANGELES CA 90056
Bryan David director 605 STAPP ROAD BOULDER CREEK CA 95006
Schooner Douglas Earl officer: Vice President, Manufacturing 2929 CALIFORNIA STREET TORRANCE CA 90503
Borneo Rudolph J director 50 O'FARRELL STREET SAN FRANCISCO CA 94108
Gay Philip director 6300 CANOGA AVENUE SUITE 1700 WOODLAND HILLS CA 91367
Lee David Sung officer: CFO 2929 CALIFORNIA STREET TORRANCE CA 90503
Selwyn Joffe director, officer: President, CEO & Chairman
Kratz Steven officer: Chief Operating Officer 2929 CALIFORNIA STREET C/O MORTORCAR PARTS OF AMERICA INC TORRANCE CA 90503
Daly Kevin Gerard officer: Chief Accounting Officer 2929 CALIFORNIA STREET TORRANCE CA 90503

Motorcar Parts of America Headlines

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