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XP Malls Fundo De Investimento Imobiliario (BSP:XPML11) ROE % : 17.22% (As of Jun. 2024)


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What is XP Malls Fundo De Investimento Imobiliario ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. XP Malls Fundo De Investimento Imobiliario's annualized net income for the quarter that ended in Jun. 2024 was R$817.6 Mil. XP Malls Fundo De Investimento Imobiliario's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was R$4,749.1 Mil. Therefore, XP Malls Fundo De Investimento Imobiliario's annualized ROE % for the quarter that ended in Jun. 2024 was 17.22%.

The historical rank and industry rank for XP Malls Fundo De Investimento Imobiliario's ROE % or its related term are showing as below:

BSP:XPML11' s ROE % Range Over the Past 10 Years
Min: -2.24   Med: 13.67   Max: 21.95
Current: 17.22

During the past 7 years, XP Malls Fundo De Investimento Imobiliario's highest ROE % was 21.95%. The lowest was -2.24%. And the median was 13.67%.

BSP:XPML11's ROE % is ranked better than
93.07% of 924 companies
in the REITs industry
Industry Median: 5.37 vs BSP:XPML11: 17.22

XP Malls Fundo De Investimento Imobiliario ROE % Historical Data

The historical data trend for XP Malls Fundo De Investimento Imobiliario'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.

XP Malls Fundo De Investimento Imobiliario ROE % Chart

XP Malls Fundo De Investimento Imobiliario Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial 13.67 -2.24 5.09 21.95 17.22

XP Malls Fundo De Investimento Imobiliario Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE % Get a 7-Day Free Trial 13.67 -2.24 5.09 21.95 17.22

Competitive Comparison of XP Malls Fundo De Investimento Imobiliario's ROE %

For the REIT - Retail subindustry, XP Malls Fundo De Investimento Imobiliario'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.


XP Malls Fundo De Investimento Imobiliario's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, XP Malls Fundo De Investimento Imobiliario's ROE % distribution charts can be found below:

* The bar in red indicates where XP Malls Fundo De Investimento Imobiliario's ROE % falls into.


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XP Malls Fundo De Investimento Imobiliario ROE % Calculation

XP Malls Fundo De Investimento Imobiliario's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=817.641/( (2887.777+6610.444)/ 2 )
=817.641/4749.1105
=17.22 %

XP Malls Fundo De Investimento Imobiliario's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=817.641/( (2887.777+6610.444)/ 2 )
=817.641/4749.1105
=17.22 %

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


XP Malls Fundo De Investimento Imobiliario  (BSP:XPML11) 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
=817.641/4749.1105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(817.641 / 852.134)*(852.134 / 6053.9075)*(6053.9075 / 4749.1105)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.95 %*0.1408*1.2747
=ROA %*Equity Multiplier
=13.51 %*1.2747
=17.22 %

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
=817.641/4749.1105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (817.641 / 817.641) * (817.641 / 852.134) * (852.134 / 6053.9075) * (6053.9075 / 4749.1105)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 95.95 % * 0.1408 * 1.2747
=17.22 %

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


XP Malls Fundo De Investimento Imobiliario ROE % Related Terms

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XP Malls Fundo De Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Ataulfo de Parva, 153, 5th and 8th Floor, Lebion, RJ, BRA, CEP 04551-060
XP Malls Fundo De Investimento Imobiliario is a real estate investment trust. Its objective is to obtain income through the commercial operation of shopping malls, as well as capital gain through the purchase and sale of properties.

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