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Crown PropTech Acquisitions (Crown PropTech Acquisitions) ROE % : 8.49% (As of Jun. 2023)


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What is Crown PropTech Acquisitions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Crown PropTech Acquisitions's annualized net income for the quarter that ended in Jun. 2023 was $3.44 Mil. Crown PropTech Acquisitions's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $40.52 Mil. Therefore, Crown PropTech Acquisitions's annualized ROE % for the quarter that ended in Jun. 2023 was 8.49%.

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

CPTK.U' s ROE % Range Over the Past 10 Years
Min: 5.26   Med: 5.41   Max: 6.75
Current: 6.75

During the past 3 years, Crown PropTech Acquisitions's highest ROE % was 6.75%. The lowest was 5.26%. And the median was 5.41%.

CPTK.U's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.77 vs CPTK.U: 6.75

Crown PropTech Acquisitions ROE % Historical Data

The historical data trend for Crown PropTech Acquisitions'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 PropTech Acquisitions ROE % Chart

Crown PropTech Acquisitions Annual Data
Trend Dec20 Dec21 Dec22
ROE %
- 5.26 5.56

Crown PropTech Acquisitions Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.33 2.82 13.98 -0.64 8.49

Competitive Comparison of Crown PropTech Acquisitions's ROE %

For the Shell Companies subindustry, Crown PropTech Acquisitions'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 PropTech Acquisitions's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crown PropTech Acquisitions's ROE % distribution charts can be found below:

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



Crown PropTech Acquisitions ROE % Calculation

Crown PropTech Acquisitions'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 )
=14.797/( (254.16+278.486)/ 2 )
=14.797/266.323
=5.56 %

Crown PropTech Acquisitions's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=3.44/( (39.933+41.111)/ 2 )
=3.44/40.522
=8.49 %

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


Crown PropTech Acquisitions  (NYSE:CPTK.U) 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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=3.44/40.522
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.44 / 0)*(0 / 43.685)*(43.685 / 40.522)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0781
=ROA %*Equity Multiplier
=N/A %*1.0781
=8.49 %

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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=3.44/40.522
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.44 / 3.44) * (3.44 / -1.344) * (-1.344 / 0) * (0 / 43.685) * (43.685 / 40.522)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -2.5595 * N/A % * 0 * 1.0781
=8.49 %

Note: The net income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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 PropTech Acquisitions ROE % Related Terms

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


Crown PropTech Acquisitions (Crown PropTech Acquisitions) Business Description

Traded in Other Exchanges
Address
28 West 25th Street, Floor 6, New York, NY, USA, 10010
Crown PropTech Acquisitions is a blank check company.
Executives
Christopher Thomas Rogers director 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Gavin Cuneo officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Michael Minnick 10 percent owner, officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Ciig Management Iii Llc 10 percent owner 40 WEST 57TH STREET, 29TH FLOOR, NEW YORK NY 10019
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Pius Sprenger director, officer: Chief Financial Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Melissa Holladay director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Martin Enderle director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Richard Chera director, officer: Chief Executive Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Crown Proptech Sponsor, Llc 10 percent owner C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON A VENUE, 12TH FLOOR, NEW YORK NY 10065