GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cordiant Digital Infrastructure Ltd (CHIX:CORDl) » Definitions » ROE %

Cordiant Digital Infrastructure (CHIX:CORDL) ROE % : 15.85% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Cordiant Digital Infrastructure ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cordiant Digital Infrastructure's annualized net income for the quarter that ended in Mar. 2024 was £141.79 Mil. Cordiant Digital Infrastructure's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was £894.62 Mil. Therefore, Cordiant Digital Infrastructure's annualized ROE % for the quarter that ended in Mar. 2024 was 15.85%.

The historical rank and industry rank for Cordiant Digital Infrastructure's ROE % or its related term are showing as below:

CHIX:CORDl' s ROE % Range Over the Past 10 Years
Min: 6.25   Med: 7.91   Max: 9.56
Current: 8.1

During the past 3 years, Cordiant Digital Infrastructure's highest ROE % was 9.56%. The lowest was 6.25%. And the median was 7.91%.

CHIX:CORDl's ROE % is ranked better than
63.81% of 1694 companies
in the Asset Management industry
Industry Median: 4.775 vs CHIX:CORDl: 8.10

Cordiant Digital Infrastructure ROE % Historical Data

The historical data trend for Cordiant Digital Infrastructure'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.

Cordiant Digital Infrastructure ROE % Chart

Cordiant Digital Infrastructure Annual Data
Trend Mar22 Mar23 Mar24
ROE %
6.25 9.56 8.94

Cordiant Digital Infrastructure Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24
ROE % - 5.08 14.09 2.16 15.85

Competitive Comparison of Cordiant Digital Infrastructure's ROE %

For the Asset Management subindustry, Cordiant Digital Infrastructure'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.


Cordiant Digital Infrastructure's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cordiant Digital Infrastructure's ROE % distribution charts can be found below:

* The bar in red indicates where Cordiant Digital Infrastructure's ROE % falls into.



Cordiant Digital Infrastructure ROE % Calculation

Cordiant Digital Infrastructure'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 )
=80.295/( (875.711+920.66)/ 2 )
=80.295/898.1855
=8.94 %

Cordiant Digital Infrastructure's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=141.788/( (868.577+920.66)/ 2 )
=141.788/894.6185
=15.85 %

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


Cordiant Digital Infrastructure  (CHIX:CORDl) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=141.788/894.6185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(141.788 / 140.166)*(140.166 / 1062.897)*(1062.897 / 894.6185)
=Net Margin %*Asset Turnover*Equity Multiplier
=101.16 %*0.1319*1.1881
=ROA %*Equity Multiplier
=13.34 %*1.1881
=15.85 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=141.788/894.6185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (141.788 / 141.788) * (141.788 / 140.166) * (140.166 / 1062.897) * (1062.897 / 894.6185)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 101.16 % * 0.1319 * 1.1881
=15.85 %

Note: The net income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Cordiant Digital Infrastructure ROE % Related Terms

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


Cordiant Digital Infrastructure (CHIX:CORDL) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Cordiant Digital Infrastructure Ltd is an investment company. Its principal activity is to invest in Digital Infrastructure Assets. The company seeks to generate attractive total returns for shareholders over the longer term, comprising capital growth and a progressive dividend, through investment in digital infrastructure assets.

Cordiant Digital Infrastructure (CHIX:CORDL) Headlines

No Headlines