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Sears Canada ROE %

: -377.42% (As of Apr. 2017)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Sears Canada's annualized net income attributable to common stockholders for the quarter that ended in Apr. 2017 was $-430 Mil. Sears Canada's average Total Stockholders Equity over the quarter that ended in Apr. 2017 was $114 Mil. Therefore, Sears Canada's annualized ROE % for the quarter that ended in Apr. 2017 was -377.42%.


Sears Canada ROE % Historical Data

* 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.

Sears Canada Annual Data
Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.43 39.50 -38.49 -11.10 -87.18

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 -52.60 -84.58 -142.80 -73.78 -377.42

Competitive Comparison
* 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.


Sears Canada ROE % Distribution

* The bar in red indicates where Sears Canada's ROE % falls into.



Sears Canada ROE % Calculation

Sears Canada's annualized ROE % for the fiscal year that ended in Jan. 2017 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Jan. 2017 )/( (Total Stockholders Equity (A: Jan. 2016 )+Total Stockholders Equity (A: Jan. 2017 ))/ count )
=-243.49541075628/( (390.06193693694+168.55040582568)/ 2 )
=-243.49541075628/279.30617138131
=-87.18 %

Sears Canada's annualized ROE % for the quarter that ended in Apr. 2017 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Apr. 2017 )/( (Total Stockholders Equity (Q: Jan. 2017 )+Total Stockholders Equity (Q: Apr. 2017 ))/ count )
=-429.85785517601/( (168.55040582568+59.239413559574)/ 2 )
=-429.85785517601/113.89490969263
=-377.42 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Apr. 2017) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Sears Canada  (OTCPK:SRSCQ) 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: Apr. 2017 )
=Net Income/Total Stockholders Equity
=-429.85785517601/113.89490969263
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-429.85785517601 / 1504.8001786113)*(1504.8001786113 / 913.81117477997)*(913.81117477997 / 113.89490969263)
=Net Margin %*Asset Turnover*Equity Multiplier
=-28.57 %*1.6467*8.0233
=ROA %*Equity Multiplier
=-47.05 %*8.0233
=-377.42 %

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: Apr. 2017 )
=Net Income/Total Stockholders Equity
=-429.85785517601/113.89490969263
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (-429.85785517601 / -432.2393391382) * (-432.2393391382 / -420.62960482251) * (-420.62960482251 / 1504.8001786113) * (1504.8001786113 / 913.81117477997) * (913.81117477997 / 113.89490969263)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9945 * 1.0276 * -27.95 % * 1.6467 * 8.0233
=-377.42 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Apr. 2017) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Apr. 2017) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders 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.


Sears Canada ROE % Related Terms


Sears Canada ROE % Headlines

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