AVACF (Avance Gas Holding) ROE %: 66.24% (As of Mar. 2025)


What is Avance Gas Holding ROE %?

Avance Gas Holding AVACF ROE % is 66.24% as of Mar. 2025.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Avance Gas Holding's annualized net income for the quarter that ended in Mar. 2025 was $170.4 Mil. Avance Gas Holding's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was $257.3 Mil. Therefore, Avance Gas Holding's annualized ROE % for the quarter that ended in Mar. 2025 was 66.24%.

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

AVACF's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.74
* Ranked among companies with meaningful ROE % only.

Avance Gas Holding  (OTCPK:AVACF) 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: Mar. 2025 )
=Net Income/Total Stockholders Equity
=170.428/257.3055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(170.428 / 0.456)*(0.456 / 259.35)*(259.35 / 257.3055)
=Net Margin %*Asset Turnover*Equity Multiplier
=37374.56 %*0.0018*1.0079
=ROA %*Equity Multiplier
=67.27 %*1.0079
=66.24 %

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: Mar. 2025 )
=Net Income/Total Stockholders Equity
=170.428/257.3055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (170.428 / 170.74) * (170.74 / -17.692) * (-17.692 / 0.456) * (0.456 / 259.35) * (259.35 / 257.3055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9982 * -9.6507 * -3879.82 % * 0.0018 * 1.0079
=66.24 %

Note: The net income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Avance Gas Holding ROE % Related Terms


Avance Gas Holding ROE % Historical Data

* Premium members only.

The historical data trend for Avance Gas 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.

Avance Gas Holding ROE % Chart

Avance Gas Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.42 6.48 15.57 27.09 83.77

Avance Gas Holding Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 89.10 36.87 18.38 172.74 66.24

AVACF vs FOMI, WMB, EPD: ROE % Comparison

For the Oil & Gas Midstream subindustry, Avance Gas 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.


Avance Gas Holding ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Avance Gas Holding's ROE % distribution charts can be found below:

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



Avance Gas Holding ROE % Calculation

Avance Gas Holding's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=443.038/( (603.794+453.923)/ 2 )
=443.038/528.8585
=83.77 %

Avance Gas Holding's annualized ROE % for the quarter that ended in Mar. 2025 is calculated as

ROE %=Net Income (Q: Mar. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Mar. 2025 ))/ count )
=170.428/( (453.923+60.688)/ 2 )
=170.428/257.3055
=66.24 %

* 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 (Mar. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 66.24% mean?
Avance Gas Holding (AVACF) has a ROE % of 66.24% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Avance Gas Holding and its competitors.
Is Avance Gas Holding's ROE % too high?
Avance Gas Holding's current ROE % is 66.24%. The Oil & Gas industry median ROE % is 5.74. Avance Gas Holding's value of 66.24% is 1054% above this industry median.
How does Avance Gas Holding's ROE % compare to FOMI and WMB?
Avance Gas Holding's ROE % of 66.24% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.74. Avance Gas Holding's value of 66.24% is 1054% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avance Gas Holding's current ROE % of 66.24% is 1054% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Avance Gas Holding and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avance Gas Holding's current ROE % is 66.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Gas Holding stock overvalued right now?
Avance Gas Holding (AVACF) has a current ROE % of 66.24%. The current ROE % is 66.24% and 1054% above the Oil & Gas industry median of 5.74. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Avance Gas Holding (AVACF), the current ROE % is 66.24% as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avance Gas Holding Business Description

Industry EnergyOil & Gas
Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.