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Urban One (Urban One) ROE %

: -71.33% (As of Sep. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Urban One's annualized net income for the quarter that ended in Sep. 2023 was $-217.6 Mil. Urban One's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $305.1 Mil. Therefore, Urban One's annualized ROE % for the quarter that ended in Sep. 2023 was -71.33%.

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

UONEK' s ROE % Range Over the Past 10 Years
Min: -129.42   Med: 6.12   Max: Negative Equity
Current: 4.58

During the past 13 years, Urban One's highest ROE % was Negative Equity%. The lowest was -129.42%. And the median was 6.12%.

UONEK's ROE % is ranked better than
56.14% of 985 companies
in the Media - Diversified industry
Industry Median: 2.37 vs UONEK: 4.58

Urban One ROE % Historical Data

The historical data trend for Urban One'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.

Urban One 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 126.21 0.52 -4.39 15.00 11.71

Urban One Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.28 1.44 -3.51 84.89 -71.33

Competitive Comparison

For the Broadcasting subindustry, Urban One'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.


Urban One ROE % Distribution

For the Media - Diversified industry and Communication Services sector, Urban One's ROE % distribution charts can be found below:

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



Urban One ROE % Calculation

Urban One'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 )
=37.329/( (303.68+333.772)/ 2 )
=37.329/318.726
=11.71 %

Urban One's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-217.644/( (331.531+278.707)/ 2 )
=-217.644/305.119
=-71.33 %

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


Urban One  (NAS:UONEK) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-217.644/305.119
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-217.644 / 471.3)*(471.3 / 1235.9485)*(1235.9485 / 305.119)
=Net Margin %*Asset Turnover*Equity Multiplier
=-46.18 %*0.3813*4.0507
=ROA %*Equity Multiplier
=-17.61 %*4.0507
=-71.33 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-217.644/305.119
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-217.644 / -271.056) * (-271.056 / 117.344) * (117.344 / 471.3) * (471.3 / 1235.9485) * (1235.9485 / 305.119)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8029 * -2.3099 * 24.9 % * 0.3813 * 4.0507
=-71.33 %

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


Urban One ROE % Related Terms

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


Urban One (Urban One) Business Description

Traded in Other Exchanges
Address
1010 Wayne Avenue, 14th Floor, Silver Spring, MD, USA, 20910
Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations.
Executives
David M Kantor officer: CEO, Radio Division 1010 WAYNE AVENUE, FLOOR 14, SILVER SPRING MD 20910
Kristopher Simpson officer: SVP & General Counsel 1010 WAYNE AVENUE, FLOOR 14, SILVER SPRING MD 20910
Mitchell B Doyle Jr director
Tcs Capital Advisors, Llc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Eric Semler 10 percent owner 4625 FIELDSTON ROAD, BRONX NY 10471
Tcs Capital Management Llc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Terry L Jones director C/O CYBER DIGITAL INC, 400 OSER AVENUE, HAUPPAUGE NY 11788
Catherine L Hughes director, 10 percent owner, officer: Chairperson and Secretary 5900 PRINCESS GARDEN PARKWAY 8TH FL, LANHAM MD 20706
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Capital Management Gp, Llc 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Karen Wishart officer: EVP 1010 WAYNE AVENUE, 14TH FLOOR, SILVER SPRING MD 20910
Christopher J. Wegmann officer: President, Radio Division 1010 WAYNE AVENUE, 14TH FLOOR, SILVER SPRING MD 20910

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