GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Castellum AB (OTCPK:CWQXF) » Definitions » ROE %

Castellum AB (Castellum AB) ROE % : -32.71% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Castellum AB ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Castellum AB's annualized net income for the quarter that ended in Dec. 2023 was $-2,461.0 Mil. Castellum AB's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $7,524.1 Mil. Therefore, Castellum AB's annualized ROE % for the quarter that ended in Dec. 2023 was -32.71%.

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

CWQXF' s ROE % Range Over the Past 10 Years
Min: -14.85   Med: 15.78   Max: 22.1
Current: -14.54

During the past 13 years, Castellum AB's highest ROE % was 22.10%. The lowest was -14.85%. And the median was 15.78%.

CWQXF's ROE % is ranked worse than
86.51% of 1779 companies
in the Real Estate industry
Industry Median: 2.94 vs CWQXF: -14.54

Castellum AB ROE % Historical Data

The historical data trend for Castellum AB'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.

Castellum AB ROE % Chart

Castellum AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.25 12.90 17.47 2.02 -14.93

Castellum AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -24.78 -22.34 2.38 -6.84 -32.71

Competitive Comparison of Castellum AB's ROE %

For the Real Estate - Development subindustry, Castellum AB'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.


Castellum AB's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Castellum AB's ROE % distribution charts can be found below:

* The bar in red indicates where Castellum AB's ROE % falls into.



Castellum AB ROE % Calculation

Castellum AB's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-1130.089/( (7610.619+7523.885)/ 2 )
=-1130.089/7567.252
=-14.93 %

Castellum AB's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-2461.004/( (7524.358+7523.885)/ 2 )
=-2461.004/7524.1215
=-32.71 %

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


Castellum AB  (OTCPK:CWQXF) 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. 2023 )
=Net Income/Total Stockholders Equity
=-2461.004/7524.1215
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2461.004 / 942.912)*(942.912 / 15434.481)*(15434.481 / 7524.1215)
=Net Margin %*Asset Turnover*Equity Multiplier
=-261 %*0.0611*2.0513
=ROA %*Equity Multiplier
=-15.95 %*2.0513
=-32.71 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-2461.004/7524.1215
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2461.004 / -3180.08) * (-3180.08 / 577.524) * (577.524 / 942.912) * (942.912 / 15434.481) * (15434.481 / 7524.1215)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7739 * -5.5064 * 61.25 % * 0.0611 * 2.0513
=-32.71 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Castellum AB ROE % Related Terms

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


Castellum AB (Castellum AB) Business Description

Traded in Other Exchanges
Address
Ostra Hamngatan 16, Gothenburg, SWE, 403 14
Castellum is a general real estate company. The company operates through its real estate rental segment that develops and rents properties in Sweden and Denmark. Castellum focuses on office, retail, industrial, and residential properties while also providing management services. The company invests in new construction, extensions, reconstructions, and acquisitions. Castellum's operational strategy is focused on cash flow growth and low financial risk, while its portfolio development is geared toward increasing density and quality.

Castellum AB (Castellum AB) Headlines

From GuruFocus

Castellum: Interim report, January-September 2022

By PRNewswire PRNewswire 10-20-2022

Castellum to build new police station in Hisingen

By PRNewswire PRNewswire 11-11-2022

Invitation to presentation of Castellum's Q1 report 2022

By PRNewswire PRNewswire 04-05-2022

Annual General Meeting in Castellum AB (publ)

By PRNewswire PRNewswire 03-31-2022

Extraordinary General Meeting in Castellum AB (publ)

By PRNewswire PRNewswire 12-08-2022

Changes in Castellum's Board of Directors

By PRNewswire PRNewswire 02-03-2023

Jens Andersson new CFO at Castellum

By PRNewswire PRNewswire 12-16-2022