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KMD Brands (NZSE:KMD) ROE %

: -2.54% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. KMD Brands's annualized net income for the quarter that ended in Jan. 2024 was NZ$-21 Mil. KMD Brands's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was NZ$820 Mil. Therefore, KMD Brands's annualized ROE % for the quarter that ended in Jan. 2024 was -2.54%.

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

NZSE:KMD' s ROE % Range Over the Past 10 Years
Min: 1.34   Med: 9.35   Max: 14.14
Current: 1.41

During the past 13 years, KMD Brands's highest ROE % was 14.14%. The lowest was 1.34%. And the median was 9.35%.

NZSE:KMD's ROE % is ranked worse than
63.72% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.21 vs NZSE:KMD: 1.41

KMD Brands ROE % Historical Data

The historical data trend for KMD Brands'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.

KMD Brands Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.37 1.34 7.93 4.33 4.18

KMD Brands Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -1.45 10.11 3.17 5.32 -2.54

Competitive Comparison

For the Apparel Manufacturing subindustry, KMD Brands'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.


KMD Brands ROE % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KMD Brands's ROE % distribution charts can be found below:

* The bar in red indicates where KMD Brands's ROE % falls into.



KMD Brands ROE % Calculation

KMD Brands'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 )
=35.139/( (845.732+836.266)/ 2 )
=35.139/840.999
=4.18 %

KMD Brands's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=-20.852/( (836.266+804.119)/ 2 )
=-20.852/820.1925
=-2.54 %

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


KMD Brands  (NZSE:KMD) 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
=-20.852/820.1925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.852 / 927.932)*(927.932 / 1519.473)*(1519.473 / 820.1925)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.25 %*0.6107*1.8526
=ROA %*Equity Multiplier
=-1.37 %*1.8526
=-2.54 %

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
=-20.852/820.1925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-20.852 / -25.546) * (-25.546 / -11.066) * (-11.066 / 927.932) * (927.932 / 1519.473) * (1519.473 / 820.1925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8163 * 2.3085 * -1.19 % * 0.6107 * 1.8526
=-2.54 %

Note: The net income data used here is two times the semi-annual (Jan. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


KMD Brands ROE % Related Terms

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KMD Brands (NZSE:KMD) Business Description

Traded in Other Exchanges
Address
223 Tuam Street, Christchurch Central, Christchurch, NZL, 8011
KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from Kathmandu segment.

KMD Brands (NZSE:KMD) Headlines

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