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Videocon Industries (BOM:511389) ROE % : 0.00% (As of Sep. 2022)


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What is Videocon Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Videocon Industries's annualized net income for the quarter that ended in Sep. 2022 was ₹-42,834 Mil. Videocon Industries's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was ₹-213,500 Mil. Therefore, Videocon Industries's annualized ROE % for the quarter that ended in Sep. 2022 was N/A%.

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

BOM:511389's ROE % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.43
* Ranked among companies with meaningful ROE % only.

Videocon Industries ROE % Historical Data

The historical data trend for Videocon Industries'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.

Videocon Industries ROE % Chart

Videocon Industries Annual Data
Trend Sep09 Dec10 Dec11 Dec14 Dec15 Mar17 Mar18 Mar19 Mar21 Mar22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -584.47 - - -

Videocon Industries Quarterly Data
Sep05 Sep06 Sep07 Sep08 Sep09 Dec10 Dec11 Dec15 Mar18 Mar19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of Videocon Industries's ROE %

For the Furnishings, Fixtures & Appliances subindustry, Videocon Industries'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.


Videocon Industries's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Videocon Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Videocon Industries's ROE % falls into.



Videocon Industries ROE % Calculation

Videocon Industries's annualized ROE % for the fiscal year that ended in Mar. 2022 is calculated as

ROE %=Net Income (A: Mar. 2022 )/( (Total Stockholders Equity (A: Mar. 2021 )+Total Stockholders Equity (A: Mar. 2022 ))/ count )
=-61114.92/( (0+-186805.63)/ 1 )
=-61114.92/-186805.63
=N/A %

Videocon Industries's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=-42833.84/( (0+-213500.18)/ 1 )
=-42833.84/-213500.18
=N/A %

* 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 (Sep. 2022) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Videocon Industries  (BOM:511389) 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. 2022 )
=Net Income/Total Stockholders Equity
=-42833.84/-213500.18
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-42833.84 / 7603.12)*(7603.12 / 317118.24)*(317118.24 / -213500.18)
=Net Margin %*Asset Turnover*Equity Multiplier
=-563.37 %*0.024*N/A
=ROA %*Equity Multiplier
=-13.52 %*N/A
=N/A %

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. 2022 )
=Net Income/Total Stockholders Equity
=-42833.84/-213500.18
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-42833.84 / -42833.84) * (-42833.84 / -2239.2) * (-2239.2 / 7603.12) * (7603.12 / 317118.24) * (317118.24 / -213500.18)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 19.1291 * -29.45 % * 0.024 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Videocon Industries ROE % Related Terms

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Videocon Industries (BOM:511389) Business Description

Traded in Other Exchanges
N/A
Address
14 KM Stone, Aurangabad Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105
Videocon Industries is an India-based company that focuses on manufacturing and distributing a variety of consumer electronics and home appliances. The company is principally engaged in three business segments: consumer electronics and home appliances; crude oil and natural gas; and telecommunications. The crude oil and natural gas segment generates the most revenue for the company through extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances, and this business contributes the second-largest portion of the company's total revenue.

Videocon Industries (BOM:511389) Headlines

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