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Bluegreen Vacations (Bluegreen Vacations) ROE %

: 8.88% (As of Dec. 2020)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bluegreen Vacations's annualized net income for the quarter that ended in Dec. 2020 was $27.8 Mil. Bluegreen Vacations's average Total Stockholders Equity over the quarter that ended in Dec. 2020 was $313.2 Mil. Therefore, Bluegreen Vacations's annualized ROE % for the quarter that ended in Dec. 2020 was 8.88%.

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

BXG's ROE % is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.92
* Ranked among companies with meaningful ROE % only.

Bluegreen Vacations ROE % Historical Data

The historical data trend for Bluegreen Vacations'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.

Bluegreen Vacations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.53 39.55 21.44 8.24 2.24

Bluegreen Vacations Quarterly Data
Dec12 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 10.15 0.20 -9.04 11.38 8.88

Competitive Comparison

For the Resorts & Casinos subindustry, Bluegreen Vacations'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.


Bluegreen Vacations ROE % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations's ROE % distribution charts can be found below:

* The bar in red indicates where Bluegreen Vacations's ROE % falls into.



Bluegreen Vacations ROE % Calculation

Bluegreen Vacations's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=8.225/( (416.125+316.686)/ 2 )
=8.225/366.4055
=2.24 %

Bluegreen Vacations's annualized ROE % for the quarter that ended in Dec. 2020 is calculated as

ROE %=Net Income (Q: Dec. 2020 )/( (Total Stockholders Equity (Q: Sep. 2020 )+Total Stockholders Equity (Q: Dec. 2020 ))/ count )
=27.812/( (309.733+316.686)/ 2 )
=27.812/313.2095
=8.88 %

* 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. 2020) net income data. ROE % is displayed in the 30-year financial page.


Bluegreen Vacations  (NYSE:BXG) 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. 2020 )
=Net Income/Total Stockholders Equity
=27.812/313.2095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.812 / 527.248)*(527.248 / 1218.087)*(1218.087 / 313.2095)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.27 %*0.4328*3.889
=ROA %*Equity Multiplier
=2.28 %*3.889
=8.88 %

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. 2020 )
=Net Income/Total Stockholders Equity
=27.812/313.2095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (27.812 / 49.852) * (49.852 / 7.092) * (7.092 / 527.248) * (527.248 / 1218.087) * (1218.087 / 313.2095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5579 * 7.0293 * 1.35 % * 0.4328 * 3.889
=8.88 %

Note: The net income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.


Bluegreen Vacations ROE % Related Terms

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


Bluegreen Vacations (Bluegreen Vacations) Business Description

Traded in Other Exchanges
N/A
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly-owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners, and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.
Executives
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Shawn B Pearson officer: Former Dir, President, and CEO 4960 CONFERENCE WAY NORTH SUITE 100 BOCA RATON FL 33431
Raymond Scott Lopez officer: EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Anthony M Puleo officer: Former EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH BOCA RATON FL 33431
Susan Saturday officer: EVP, Chief Admin Officer 5116 PINEVIEW CIRCLE, DELRAY BEACH FL 33445
Famous P Rhodes officer: Former EVP and CMO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
David L Pontius other: Former EVP and COO 4960 CONFERENCE WAY, NORTH SUITE 100 BOCA RATON FL 33431
De La Osa Jorge officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Justin Taylor officer: EVP and Chief HR Officer 4960 CONFERENCE WAY NORTH, SUITE 100 BOCA RATON FL 33431
Ahmad M Wardak officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Woodbridge Holdings, Llc 10 percent owner 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309
Bbx Capital Corp 10 percent owner P.O. BOX 39000 FORT LAUDERDALE FL 33303
John E Abdo director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303