CFACW (CF Finance Acquisition III) ROE %: -0.88% (As of Jun. 2021)


What is CF Finance Acquisition III ROE %?

CF Finance Acquisition III CFACW ROE % is -0.88% as of Jun. 2021.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CF Finance Acquisition III's annualized net income for the quarter that ended in Jun. 2021 was $-1.91 Mil. CF Finance Acquisition III's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $217.64 Mil. Therefore, CF Finance Acquisition III's annualized ROE % for the quarter that ended in Jun. 2021 was -0.88%.

The historical rank and industry rank for CF Finance Acquisition III's ROE % or its related term are showing as below:

CFACW' s ROE % Range Over the Past 10 Years
Min: -4.35   Med: -4.35   Max: -2.64
Current: -2.73

During the past 3 years, CF Finance Acquisition III's highest ROE % was -2.64%. The lowest was -4.35%. And the median was -4.35%.

CFACW's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.65 vs CFACW: -2.73

CF Finance Acquisition III  (NAS:CFACW) 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. 2021 )
=Net Income/Total Stockholders Equity
=-1.911/217.64
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.911 / 0)*(0 / 231.9075)*(231.9075 / 217.64)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0656
=ROA %*Equity Multiplier
=N/A %*1.0656
=-0.88 %

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. 2021 )
=Net Income/Total Stockholders Equity
=-1.911/217.64
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.911 / -1.911) * (-1.911 / -0.351) * (-0.351 / 0) * (0 / 231.9075) * (231.9075 / 217.64)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 5.4444 * N/A % * 0 * 1.0656
=-0.88 %

Note: The net income data used here is one times the annual (Jun. 2021) net income data. The Revenue data used here is one times the annual (Jun. 2021) 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.

CF Finance Acquisition III ROE % Related Terms

CF Finance Acquisition III ROE % Historical Data

* Premium members only.

The historical data trend for CF Finance Acquisition III'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.

CF Finance Acquisition III ROE % Chart

CF Finance Acquisition III Annual Data
Trend Dec18 Dec19 Dec20
ROE %
-4.35 -4.35 -2.64

CF Finance Acquisition III Semi-Annual Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROE % Get a 7-Day Free Trial Premium Member Only 0.00 -4.55 -2.64 0.15 -0.88

CFACW vs : ROE % Comparison

For the Shell Companies subindustry, CF Finance Acquisition III'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.

CF Finance Acquisition III ROE % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CF Finance Acquisition III's ROE % distribution charts can be found below:

* The bar in red indicates where CF Finance Acquisition III's ROE % falls into.


CF Finance Acquisition III ROE % Calculation

CF Finance Acquisition III's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=-2.883/( (0.023+218.258)/ 2 )
=-2.883/109.1405
=-2.64 %

CF Finance Acquisition III's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=-1.911/( (218.596+216.684)/ 2 )
=-1.911/217.64
=-0.88 %

* 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. 2021) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -0.88% mean?
CF Finance Acquisition III (CFACW) has a ROE % of -0.88% as of Jun. 2021. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on CF Finance Acquisition III and its competitors.
Is CF Finance Acquisition III's ROE % too high?
CF Finance Acquisition III's current ROE % is -0.88%.
How does CF Finance Acquisition III's ROE % compare to ?
CF Finance Acquisition III's ROE % of -0.88% can be compared against companies in the Diversified Financial Services industry. The industry median ROE % is 1.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 492 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. 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 CF Finance Acquisition III and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CF Finance Acquisition III's current ROE % is -0.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Finance Acquisition III stock overvalued right now?
CF Finance Acquisition III (CFACW) has a current ROE % of -0.88%. The current ROE % is -0.88%. 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 CF Finance Acquisition III (CFACW), the current ROE % is -0.88% as of Jun. 2021. 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.

CF Finance Acquisition III Business Description

Comparable Companies
Address 110 East 59th Street, New York, NY, USA, 10022
CF Finance Acquisition Corp III is a blank check company.