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Prosus NV (XAMS:PRX) ROE % : 16.02% (As of Sep. 2023)


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What is Prosus NV ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Prosus NV's annualized net income for the quarter that ended in Sep. 2023 was €6,336 Mil. Prosus NV's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €39,556 Mil. Therefore, Prosus NV's annualized ROE % for the quarter that ended in Sep. 2023 was 16.02%.

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

XAMS:PRX' s ROE % Range Over the Past 10 Years
Min: 13.53   Med: 21.6   Max: 62.33
Current: 25.52

During the past 7 years, Prosus NV's highest ROE % was 62.33%. The lowest was 13.53%. And the median was 21.60%.

XAMS:PRX's ROE % is ranked better than
89.03% of 556 companies
in the Interactive Media industry
Industry Median: -0.03 vs XAMS:PRX: 25.52

Prosus NV ROE % Historical Data

The historical data trend for Prosus NV'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.

Prosus NV ROE % Chart

Prosus NV Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial 14.58 13.53 20.02 41.51 21.60

Prosus NV Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.39 11.19 11.76 34.11 16.02

Competitive Comparison of Prosus NV's ROE %

For the Internet Content & Information subindustry, Prosus NV'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.


Prosus NV's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Prosus NV's ROE % distribution charts can be found below:

* The bar in red indicates where Prosus NV's ROE % falls into.



Prosus NV ROE % Calculation

Prosus NV's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=9444.608/( (45782.268+41649.862)/ 2 )
=9444.608/43716.065
=21.60 %

Prosus NV's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=6335.994/( (41649.862+37461.26)/ 2 )
=6335.994/39555.561
=16.02 %

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


Prosus NV  (XAMS:PRX) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=6335.994/39555.561
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6335.994 / 4789.944)*(4789.944 / 58537.969)*(58537.969 / 39555.561)
=Net Margin %*Asset Turnover*Equity Multiplier
=132.28 %*0.0818*1.4799
=ROA %*Equity Multiplier
=10.82 %*1.4799
=16.02 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=6335.994/39555.561
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6335.994 / 6875.706) * (6875.706 / -127.432) * (-127.432 / 4789.944) * (4789.944 / 58537.969) * (58537.969 / 39555.561)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9215 * -53.9559 * -2.66 % * 0.0818 * 1.4799
=16.02 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Prosus NV ROE % Related Terms

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Prosus NV (XAMS:PRX) Business Description

Address
Gustav Mahlerplein 5, Symphony Offices, Amsterdam, NH, NLD, 1082 MS
Prosus NV is a consumer internet group operating across a variety of platforms and geographies. The group's businesses operate in China, India, Russia, Central and Eastern Europe, North America, Latin America, Southeast Asia, the Middle East, and Africa. The group's businesses and investments are organized around the following segments: Ecommerce, which comprises its interests in Classifieds, Payments, and Fintech, Food Delivery, Etail, Travel, and other Ecommerce, Social and Internet Platforms, which comprises its interests in Tencent and Mail.ru Group and Corporate which relates to group-level corporate services and treasury function.

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