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BBCP (Concrete Pumping Holdings) ROE % : 9.71% (As of Jul. 2024)


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What is Concrete Pumping Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Concrete Pumping Holdings's annualized net income for the quarter that ended in Jul. 2024 was $30.2 Mil. Concrete Pumping Holdings's average Total Stockholders Equity over the quarter that ended in Jul. 2024 was $311.5 Mil. Therefore, Concrete Pumping Holdings's annualized ROE % for the quarter that ended in Jul. 2024 was 9.71%.

The historical rank and industry rank for Concrete Pumping Holdings's ROE % or its related term are showing as below:

BBCP' s ROE % Range Over the Past 10 Years
Min: -20.97   Med: 10.58   Max: 86.41
Current: 5.24

During the past 7 years, Concrete Pumping Holdings's highest ROE % was 86.41%. The lowest was -20.97%. And the median was 10.58%.

BBCP's ROE % is ranked worse than
56.11% of 1677 companies
in the Construction industry
Industry Median: 6.53 vs BBCP: 5.24

Concrete Pumping Holdings ROE % Historical Data

The historical data trend for Concrete Pumping Holdings'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.

Concrete Pumping Holdings ROE % Chart

Concrete Pumping Holdings Annual Data
Trend Dec17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROE %
Get a 7-Day Free Trial - -20.97 -5.69 10.58 10.82

Concrete Pumping Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 13.88 12.28 -4.97 3.95 9.71

Competitive Comparison of Concrete Pumping Holdings's ROE %

For the Engineering & Construction subindustry, Concrete Pumping Holdings'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.


Concrete Pumping Holdings's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Concrete Pumping Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Concrete Pumping Holdings's ROE % falls into.



Concrete Pumping Holdings ROE % Calculation

Concrete Pumping Holdings's annualized ROE % for the fiscal year that ended in Oct. 2023 is calculated as

ROE %=Net Income (A: Oct. 2023 )/( (Total Stockholders Equity (A: Oct. 2022 )+Total Stockholders Equity (A: Oct. 2023 ))/ count )
=31.79/( (279.327+308.24)/ 2 )
=31.79/293.7835
=10.82 %

Concrete Pumping Holdings's annualized ROE % for the quarter that ended in Jul. 2024 is calculated as

ROE %=Net Income (Q: Jul. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Jul. 2024 ))/ count )
=30.24/( (308.301+314.676)/ 2 )
=30.24/311.4885
=9.71 %

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


Concrete Pumping Holdings  (NAS:BBCP) 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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=30.24/311.4885
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(30.24 / 438.468)*(438.468 / 892.7515)*(892.7515 / 311.4885)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.9 %*0.4911*2.8661
=ROA %*Equity Multiplier
=3.39 %*2.8661
=9.71 %

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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=30.24/311.4885
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (30.24 / 42.564) * (42.564 / 66.5) * (66.5 / 438.468) * (438.468 / 892.7515) * (892.7515 / 311.4885)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7105 * 0.6401 * 15.17 % * 0.4911 * 2.8661
=9.71 %

Note: The net income data used here is four times the quarterly (Jul. 2024) net income data. The Revenue data used here is four times the quarterly (Jul. 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.


Concrete Pumping Holdings ROE % Related Terms

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


Concrete Pumping Holdings Business Description

Traded in Other Exchanges
N/A
Address
500 E. 84th Avenue, Suite A-5, Thornton, CO, USA, 80229
Concrete Pumping Holdings Inc is a provider of concrete pumping services and concrete waste management services in the fragmented United States and United Kingdom markets. Its large fleet of specialized pumping equipment and trained operators position it to deliver concrete placement solutions. The company's operating segment includes U.S. Concrete Pumping; U.K. Operations; U.S. Concrete Waste Management Services and Corporate. It generates maximum revenue from the U.S. Concrete Pumping segment. Geographically, it generates majority of the revenue from its business in United States.
Executives
Bruce F. Young director, officer: Chief Executive Officer 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Ryan Beres director ARGAND PARTNERS, 28 WEST 44TH STREET, 5TH FLOOR, NEW YORK NY 10036
Armstron Thomas K Jr director C/O TK INVESTMENTS LLC, 4908 WEST BRIAR DRIVE, FORT WORTH TX 76109
Stephen Alarcon director PENINSULA PACIFIC, LLC, 10250 CONSTELLATION BLVD., SUITE 2230, LOS ANGELES CA 90067
John M Piecuch director 2925 BRIARPARK, SUITE 1050, HOUSTON TX 77042
Brent M Stevens director, 10 percent owner PO BOX 5239, KETCHUM ID 83340
Brown David A B director
Matthew Homme director 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Brian Hodges director C/O INDUSTREA ACQUISITION CORP., 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Argand Partners, Lp 10 percent owner C/O INDUSTREA ACQUISITION CORP., 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Owl Creek Sri Master Fund, Ltd. 10 percent owner 89 NEXUS WAY, 2ND FLOOR, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Owl Creek Ii, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek I, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Advisors, Llc 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019