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Monte Carlo Fashions (BOM:538836) ROE % : 51.73% (As of Dec. 2024)


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What is Monte Carlo Fashions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Monte Carlo Fashions's annualized net income for the quarter that ended in Dec. 2024 was ₹3,870 Mil. Monte Carlo Fashions's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was ₹7,481 Mil. Therefore, Monte Carlo Fashions's annualized ROE % for the quarter that ended in Dec. 2024 was 51.73%.

The historical rank and industry rank for Monte Carlo Fashions's ROE % or its related term are showing as below:

BOM:538836' s ROE % Range Over the Past 10 Years
Min: 7.63   Med: 12.7   Max: 18.11
Current: 9.54

During the past 11 years, Monte Carlo Fashions's highest ROE % was 18.11%. The lowest was 7.63%. And the median was 12.70%.

BOM:538836's ROE % is ranked better than
68.97% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.66 vs BOM:538836: 9.54

Monte Carlo Fashions ROE % Historical Data

The historical data trend for Monte Carlo Fashions'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.

Monte Carlo Fashions ROE % Chart

Monte Carlo Fashions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.19 11.54 17.65 18.11 7.63

Monte Carlo Fashions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 41.96 -9.56 -6.68 4.30 51.73

Competitive Comparison of Monte Carlo Fashions's ROE %

For the Apparel Manufacturing subindustry, Monte Carlo Fashions'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.


Monte Carlo Fashions's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Monte Carlo Fashions's ROE % distribution charts can be found below:

* The bar in red indicates where Monte Carlo Fashions's ROE % falls into.


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Monte Carlo Fashions ROE % Calculation

Monte Carlo Fashions's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=599.4/( (7764+7948.1)/ 2 )
=599.4/7856.05
=7.63 %

Monte Carlo Fashions's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=3869.6/( (7481.1+0)/ 1 )
=3869.6/7481.1
=51.73 %

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


Monte Carlo Fashions  (BOM:538836) 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: Dec. 2024 )
=Net Income/Total Stockholders Equity
=3869.6/7481.1
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3869.6 / 21951.2)*(21951.2 / 17771.2)*(17771.2 / 7481.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.63 %*1.2352*2.3755
=ROA %*Equity Multiplier
=21.78 %*2.3755
=51.73 %

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: Dec. 2024 )
=Net Income/Total Stockholders Equity
=3869.6/7481.1
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3869.6 / 5202.8) * (5202.8 / 5559.2) * (5559.2 / 21951.2) * (21951.2 / 17771.2) * (17771.2 / 7481.1)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7438 * 0.9359 * 25.33 % * 1.2352 * 2.3755
=51.73 %

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


Monte Carlo Fashions ROE % Related Terms

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


Monte Carlo Fashions Business Description

Traded in Other Exchanges
Address
B-XXIX-106, G.T. Road, Sherpur, Ludhiana, PB, IND, 141003
Monte Carlo Fashions Ltd is engaged in the manufacturing and trading of textile garments and clothing accessories. It offers products comprising of knitted and woven woolen apparel, cotton and cotton-blended apparel, kids wear, and home furnishing. The products are offered under its brand MONTE CARLO. The company's products reach the end-user through different channels, including brand outlets, multi-brand outlets, format outlets, and through e-commerce websites. The company generated revenue through exports as well as domestic sales; of which the revenue generated from domestic sales was the highest. Its business operation comprises of single operating segment of manufacturing or trading of textile garments.

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