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Vince Holding (Vince Holding) ROE % : 7.75% (As of Oct. 2023)


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What is Vince Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vince Holding's annualized net income for the quarter that ended in Oct. 2023 was $3.9 Mil. Vince Holding's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was $50.8 Mil. Therefore, Vince Holding's annualized ROE % for the quarter that ended in Oct. 2023 was 7.75%.

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

VNCE' s ROE % Range Over the Past 10 Years
Min: -504.2   Med: -2.25   Max: 192.79
Current: 55.45

During the past 13 years, Vince Holding's highest ROE % was 192.79%. The lowest was -504.20%. And the median was -2.25%.

VNCE's ROE % is ranked better than
96.5% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.185 vs VNCE: 55.45

Vince Holding ROE % Historical Data

The historical data trend for Vince Holding'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.

Vince Holding ROE % Chart

Vince Holding Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.25 26.43 -66.65 -20.83 -100.86

Vince Holding Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -63.31 -171.89 -7.52 335.36 7.75

Competitive Comparison of Vince Holding's ROE %

For the Apparel Manufacturing subindustry, Vince Holding'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.


Vince Holding's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vince Holding's ROE % falls into.



Vince Holding ROE % Calculation

Vince Holding's annualized ROE % for the fiscal year that ended in Jan. 2023 is calculated as

ROE %=Net Income (A: Jan. 2023 )/( (Total Stockholders Equity (A: Jan. 2022 )+Total Stockholders Equity (A: Jan. 2023 ))/ count )
=-38.346/( (55.78+20.257)/ 2 )
=-38.346/38.0185
=-100.86 %

Vince Holding's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=3.932/( (50.099+51.412)/ 2 )
=3.932/50.7555
=7.75 %

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


Vince Holding  (NYSE:VNCE) 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. 2023 )
=Net Income/Total Stockholders Equity
=3.932/50.7555
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.932 / 336.304)*(336.304 / 253.839)*(253.839 / 50.7555)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.17 %*1.3249*5.0012
=ROA %*Equity Multiplier
=1.55 %*5.0012
=7.75 %

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. 2023 )
=Net Income/Total Stockholders Equity
=3.932/50.7555
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.932 / 3.344) * (3.344 / 11.316) * (11.316 / 336.304) * (336.304 / 253.839) * (253.839 / 50.7555)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1758 * 0.2955 * 3.36 % * 1.3249 * 5.0012
=7.75 %

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


Vince Holding ROE % Related Terms

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


Vince Holding (Vince Holding) Business Description

Traded in Other Exchanges
Address
500 5th Avenue, 20th Floor, New York, NY, USA, 10110
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
Executives
Michael J Mardy director
Michael Hand officer: Interim CFO 650 FROM RD, SUITE 375, PARAMUS NJ 07652
Jonathan Schwefel director, officer: Chief Executive Officer 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 101100
David Stefko officer: See Remarks 500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Marie Fogel officer: See Remarks 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Lee Meiner officer: See Remarks 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Akiko Okuma officer: General Counsel & Secretary 500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Amy Kate Trooskin officer: Chief Financial Officer 500 FIFTH AVE., 20TH FLOOR, NEW YORK NY 10110
Kelli Turner director C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Brendan Hoffman officer: Chief Executive Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Robin S Kramer director 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Matthew N Garff director 11111 SANTA MONICA BLVD, SUITE 1050, LOS ANGELES CA 90025
Jeff M Feinberg director 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Sun Capital Partners V Lp 10 percent owner 5200 TOWN CENTER CIRCLE, STE 600, BOCA RATON FL 33486
Marc J Leder director, 10 percent owner 5200 TOWN CENTER CIRCLE, SUITE 600, BOCA RATON FL 33486