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ANGPY (Anglo American Platinum) ROE % : 12.53% (As of Jun. 2024)


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What is Anglo American Platinum ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Anglo American Platinum's annualized net income for the quarter that ended in Jun. 2024 was $686 Mil. Anglo American Platinum's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $5,473 Mil. Therefore, Anglo American Platinum's annualized ROE % for the quarter that ended in Jun. 2024 was 12.53%.

The historical rank and industry rank for Anglo American Platinum's ROE % or its related term are showing as below:

ANGPY' s ROE % Range Over the Past 10 Years
Min: -27.55   Med: 14.42   Max: 87.48
Current: 11.59

During the past 13 years, Anglo American Platinum's highest ROE % was 87.48%. The lowest was -27.55%. And the median was 14.42%.

ANGPY's ROE % is ranked better than
90.49% of 2418 companies
in the Metals & Mining industry
Industry Median: -16.985 vs ANGPY: 11.59

Anglo American Platinum ROE % Historical Data

The historical data trend for Anglo American Platinum'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.

Anglo American Platinum ROE % Chart

Anglo American Platinum 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 34.15 43.03 84.98 47.28 12.79

Anglo American Platinum Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 54.07 44.75 15.27 10.77 12.53

Competitive Comparison of Anglo American Platinum's ROE %

For the Other Precious Metals & Mining subindustry, Anglo American Platinum'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.


Anglo American Platinum's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anglo American Platinum's ROE % distribution charts can be found below:

* The bar in red indicates where Anglo American Platinum's ROE % falls into.



Anglo American Platinum ROE % Calculation

Anglo American Platinum'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 )
=699.841/( (5600.463+5346.056)/ 2 )
=699.841/5473.2595
=12.79 %

Anglo American Platinum's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=685.98/( (5346.056+5600.165)/ 2 )
=685.98/5473.1105
=12.53 %

* 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 (Jun. 2024) net income data. ROE % is displayed in the 30-year financial page.


Anglo American Platinum  (OTCPK:ANGPY) 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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=685.98/5473.1105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(685.98 / 5666.364)*(5666.364 / 9397.5855)*(9397.5855 / 5473.1105)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.11 %*0.603*1.717
=ROA %*Equity Multiplier
=7.3 %*1.717
=12.53 %

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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=685.98/5473.1105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (685.98 / 906.61) * (906.61 / 1149.92) * (1149.92 / 5666.364) * (5666.364 / 9397.5855) * (9397.5855 / 5473.1105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7566 * 0.7884 * 20.29 % * 0.603 * 1.717
=12.53 %

Note: The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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.


Anglo American Platinum ROE % Related Terms

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Anglo American Platinum Business Description

Traded in Other Exchanges
Address
144 Oxford Road, P.O. Box 62179, Melrose, Rosebank, Marshalltown, Johannesburg, GT, ZAF, 2196
Anglo American Platinum Ltd is the world's primary producer of Platinum Group Metals, which includes platinum, palladium, rhodium, iridium, ruthenium, and osmium. The company also produces base metals including copper, nickel, cobalt sulphate, sodium sulphate, chrome, and other precious metals. The primary uses of platinum group metals include jewellery, autocatalytic converters, fuel cells, air- and water-purification units, heart pacemakers, computer screens, hard disks, and fertilisers. The mining operations include managed mines, joint-venture mines, and associate mines across South Africa and Zimbabwe.