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Jamuna Oil Co (DHA:JAMUNAOIL) ROE % : 19.99% (As of Dec. 2024)


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What is Jamuna Oil Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jamuna Oil Co's annualized net income for the quarter that ended in Dec. 2024 was BDT5,601 Mil. Jamuna Oil Co's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was BDT28,021 Mil. Therefore, Jamuna Oil Co's annualized ROE % for the quarter that ended in Dec. 2024 was 19.99%.

The historical rank and industry rank for Jamuna Oil Co's ROE % or its related term are showing as below:

DHA:JAMUNAOIL' s ROE % Range Over the Past 10 Years
Min: 9.13   Med: 12.97   Max: 19.3
Current: 19.3

During the past 13 years, Jamuna Oil Co's highest ROE % was 19.30%. The lowest was 9.13%. And the median was 12.97%.

DHA:JAMUNAOIL's ROE % is ranked better than
81.76% of 987 companies
in the Oil & Gas industry
Industry Median: 5.9 vs DHA:JAMUNAOIL: 19.30

Jamuna Oil Co ROE % Historical Data

The historical data trend for Jamuna Oil Co'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.

Jamuna Oil Co ROE % Chart

Jamuna Oil Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.02 10.66 9.13 15.65 18.43

Jamuna Oil Co 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 19.88 14.77 24.06 18.86 19.99

Competitive Comparison of Jamuna Oil Co's ROE %

For the Oil & Gas Refining & Marketing subindustry, Jamuna Oil Co'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.


Jamuna Oil Co's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jamuna Oil Co's ROE % distribution charts can be found below:

* The bar in red indicates where Jamuna Oil Co's ROE % falls into.


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Jamuna Oil Co ROE % Calculation

Jamuna Oil Co'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 )
=4416.736/( (22690.797+25244.666)/ 2 )
=4416.736/23967.7315
=18.43 %

Jamuna Oil Co'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 )
=5600.708/( (27379.144+28662.855)/ 2 )
=5600.708/28020.9995
=19.99 %

* 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.


Jamuna Oil Co  (DHA:JAMUNAOIL) 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
=5600.708/28020.9995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5600.708 / 1454.444)*(1454.444 / 111870.766)*(111870.766 / 28020.9995)
=Net Margin %*Asset Turnover*Equity Multiplier
=385.08 %*0.013*3.9924
=ROA %*Equity Multiplier
=5.01 %*3.9924
=19.99 %

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
=5600.708/28020.9995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5600.708 / 8453.652) * (8453.652 / 52.036) * (52.036 / 1454.444) * (1454.444 / 111870.766) * (111870.766 / 28020.9995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6625 * 162.4578 * 3.58 % * 0.013 * 3.9924
=19.99 %

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.


Jamuna Oil Co ROE % Related Terms

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Jamuna Oil Co Business Description

Traded in Other Exchanges
N/A
Address
Jamuna Bhawan, Agrabad C/A, P.O Box-694, Chattogram, BGD, 4100
Jamuna Oil Co Ltd is engaged in procuring, storing, transporting, and marketing petroleum products. The products of the company are fuel oil, lubricants and greases, LP gas, bunkering, and bitumen.

Jamuna Oil Co Headlines

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