GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Apex Global Brands Inc (OTCPK:APEX) » Definitions » ROE %

Apex Global Brands (Apex Global Brands) ROE % : 0.00% (As of Oct. 2020)


View and export this data going back to 1983. Start your Free Trial

What is Apex Global Brands ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Apex Global Brands's annualized net income for the quarter that ended in Oct. 2020 was $-23.88 Mil. Apex Global Brands's average Total Stockholders Equity over the quarter that ended in Oct. 2020 was $-0.39 Mil. Therefore, Apex Global Brands's annualized ROE % for the quarter that ended in Oct. 2020 was N/A%.

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

APEX's ROE % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 5.74
* Ranked among companies with meaningful ROE % only.

Apex Global Brands ROE % Historical Data

The historical data trend for Apex Global 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.

Apex Global Brands ROE % Chart

Apex Global Brands Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.45 -13.80 -116.12 -58.82 -112.37

Apex Global Brands Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 -307.65 -84.26 -163.86 -171.89 -

Competitive Comparison of Apex Global Brands's ROE %

For the Apparel Retail subindustry, Apex Global 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.


Apex Global Brands's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Apex Global Brands's ROE % distribution charts can be found below:

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



Apex Global Brands ROE % Calculation

Apex Global Brands's annualized ROE % for the fiscal year that ended in Jan. 2020 is calculated as

ROE %=Net Income (A: Jan. 2020 )/( (Total Stockholders Equity (A: Jan. 2019 )+Total Stockholders Equity (A: Jan. 2020 ))/ count )
=-11.5/( (15.122+5.347)/ 2 )
=-11.5/10.2345
=-112.37 %

Apex Global Brands's annualized ROE % for the quarter that ended in Oct. 2020 is calculated as

ROE %=Net Income (Q: Oct. 2020 )/( (Total Stockholders Equity (Q: Jul. 2020 )+Total Stockholders Equity (Q: Oct. 2020 ))/ count )
=-23.876/( (2.524+-3.306)/ 2 )
=-23.876/-0.391
=N/A %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Apex Global Brands  (OTCPK:APEX) 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: Oct. 2020 )
=Net Income/Total Stockholders Equity
=-23.876/-0.391
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.876 / 16.2)*(16.2 / 78.224)*(78.224 / -0.391)
=Net Margin %*Asset Turnover*Equity Multiplier
=-147.38 %*0.2071*N/A
=ROA %*Equity Multiplier
=-30.52 %*N/A
=N/A %

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: Oct. 2020 )
=Net Income/Total Stockholders Equity
=-23.876/-0.391
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-23.876 / -27.028) * (-27.028 / 5.704) * (5.704 / 16.2) * (16.2 / 78.224) * (78.224 / -0.391)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8834 * -4.7384 * 35.21 % * 0.2071 * N/A
=N/A %

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


Apex Global Brands ROE % Related Terms

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


Apex Global Brands (Apex Global Brands) Business Description

Traded in Other Exchanges
N/A
Address
5990 Sepulveda Boulevard, Sherman Oaks, CA, USA, 91411
Apex Global Brands Inc is a brand marketing platform that manages a growing portfolio of fashion and lifestyle brands across multiple consumer product categories and sectors. The company currently maintains license and franchise agreements with retailers and manufacturers. The brand portfolio spans multiple consumer product categories and retail tiers including Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Liz Lange, Point Cove, Carole Little, Everyday California and Sideout.
Executives
Jess M Ravich director, 10 percent owner 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Dwight Mamanteo director C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Patricia Kay Johnson director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD, SUITE 600 SHERMAN OAKS CA 91411
Evan Hengel director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD SHERMAN OAKS CA 91411
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Keith M Hull director
Robert Longnecker director 888 7TH AVENUE 17TH FLOOR NEW YORK NY 10019
Carol Baiocchi director 2184 CAMINO BRAZOS PLEASANTON CA 94566
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Steven L Brink officer: CFO 6525 FREMONT CIRCLE HUNTINGTON BEACH CA 92648
Howard B Siegel officer: President and COO
Henry Stupp director, officer: CEO 6835 VALJEAN AVENUE VAN NUYS CA 91406
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Headlands Strategic Opportunities Fund, Lp (the Partnership) 10 percent owner ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111