GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Village Super Market Inc (NAS:VLGEA) » Definitions » ROE %

Village Super Market (Village Super Market) ROE %

: 13.65% (As of Jan. 2024)
View and export this data going back to 1990. Start your Free Trial

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Village Super Market's annualized net income for the quarter that ended in Jan. 2024 was $58 Mil. Village Super Market's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $424 Mil. Therefore, Village Super Market's annualized ROE % for the quarter that ended in Jan. 2024 was 13.65%.

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

VLGEA' s ROE % Range Over the Past 10 Years
Min: 2.11   Med: 8.21   Max: 12.8
Current: 12.8

During the past 13 years, Village Super Market's highest ROE % was 12.80%. The lowest was 2.11%. And the median was 8.21%.

VLGEA's ROE % is ranked better than
61.59% of 302 companies
in the Retail - Defensive industry
Industry Median: 9.725 vs VLGEA: 12.80

Village Super Market ROE % Historical Data

The historical data trend for Village Super Market'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.

Village Super Market Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.21 7.66 5.93 7.52 12.71

Village Super Market Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.72 11.19 15.18 11.17 13.65

Competitive Comparison

For the Grocery Stores subindustry, Village Super Market'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.


Village Super Market ROE % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Village Super Market's ROE % distribution charts can be found below:

* The bar in red indicates where Village Super Market's ROE % falls into.



Village Super Market ROE % Calculation

Village Super Market's annualized ROE % for the fiscal year that ended in Jul. 2023 is calculated as

ROE %=Net Income (A: Jul. 2023 )/( (Total Stockholders Equity (A: Jul. 2022 )+Total Stockholders Equity (A: Jul. 2023 ))/ count )
=49.716/( (372.109+410.166)/ 2 )
=49.716/391.1375
=12.71 %

Village Super Market's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=57.92/( (419.245+429.145)/ 2 )
=57.92/424.195
=13.65 %

* 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 (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


Village Super Market  (NAS:VLGEA) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=57.92/424.195
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(57.92 / 2302.316)*(2302.316 / 973.5715)*(973.5715 / 424.195)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.52 %*2.3648*2.2951
=ROA %*Equity Multiplier
=5.96 %*2.2951
=13.65 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=57.92/424.195
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (57.92 / 84.556) * (84.556 / 73.768) * (73.768 / 2302.316) * (2302.316 / 973.5715) * (973.5715 / 424.195)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.685 * 1.1462 * 3.2 % * 2.3648 * 2.2951
=13.65 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.


Village Super Market ROE % Related Terms

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


Village Super Market (Village Super Market) Business Description

Traded in Other Exchanges
Address
733 Mountain Avenue, Springfield, NJ, USA, 07081
Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.
Executives
William Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Kevin Begley officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri officer: Controller 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas 10 percent owner C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal director 733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas director, 10 percent owner, officer: EVP, Secretary 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas officer: VP & General Counsel 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas officer: VP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081

Village Super Market (Village Super Market) Headlines

From GuruFocus

Village Super Market, Inc. Declares Quarterly Dividend

By Marketwired Marketwired 09-17-2021

Village Super Market, Inc. Declares Quarterly Dividend

By GuruFocusNews GuruFocusNews 06-20-2022

Village Super Market, Inc. Declares Quarterly Dividend

By GuruFocusNews GuruFocusNews 07-10-2022

Village Super Market, Inc. Declares Quarterly Dividend

By Marketwired Marketwired 06-13-2020

Village Super Market, Inc. Declares Quarterly Dividend

By sperokesalga sperokesalga 06-16-2023

Village Super Market, Inc. Declares Quarterly Dividend

By GuruFocusNews GuruFocusNews 03-21-2022