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ESHA (ESH Acquisition) ROE % : 3.32% (As of Jun. 2024)


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What is ESH Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ESH Acquisition's annualized net income for the quarter that ended in Jun. 2024 was $4.08 Mil. ESH Acquisition's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $122.94 Mil. Therefore, ESH Acquisition's annualized ROE % for the quarter that ended in Jun. 2024 was 3.32%.

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

ESHA' s ROE % Range Over the Past 10 Years
Min: -950   Med: -473.4   Max: 3.37
Current: 3.37

During the past 3 years, ESH Acquisition's highest ROE % was 3.37%. The lowest was -950.00%. And the median was -473.40%.

ESHA's ROE % is ranked better than
79.37% of 504 companies
in the Diversified Financial Services industry
Industry Median: 0.56 vs ESHA: 3.37

ESH Acquisition ROE % Historical Data

The historical data trend for ESH Acquisition'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.

ESH Acquisition ROE % Chart

ESH Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- -950.00 3.21

ESH Acquisition Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 3.00 3.43 3.74 3.32

Competitive Comparison of ESH Acquisition's ROE %

For the Shell Companies subindustry, ESH Acquisition'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.


ESH Acquisition's ROE % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ESH Acquisition's ROE % falls into.



ESH Acquisition ROE % Calculation

ESH Acquisition's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1.947/( (0.005+121.293)/ 2 )
=1.947/60.649
=3.21 %

ESH Acquisition's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=4.08/( (122.432+123.452)/ 2 )
=4.08/122.942
=3.32 %

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


ESH Acquisition  (NAS:ESHA) 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
=4.08/122.942
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.08 / 0)*(0 / 124.0195)*(124.0195 / 122.942)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0088
=ROA %*Equity Multiplier
=N/A %*1.0088
=3.32 %

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
=4.08/122.942
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.08 / 5.36) * (5.36 / -0.92) * (-0.92 / 0) * (0 / 124.0195) * (124.0195 / 122.942)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7612 * -5.8261 * N/A % * 0 * 1.0088
=3.32 %

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


ESH Acquisition ROE % Related Terms

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


ESH Acquisition Business Description

Traded in Other Exchanges
N/A
Address
228 Park Avenue S, Suite 89898, New York, NY, USA, 10003-1502
Website
ESH Acquisition Corp is a newly organized blank check company.
Executives
James L Francis director, 10 percent owner, officer: Chief Executive Officer 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jonathan D Morris director, officer: Chief Financial Officer C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Allen R Weiss director C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Christina M Francis director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Thomas Wolber director 1724 WINDERMERE DOWNS PL, WINDERMERE FL 34786
Christopher Homer Ackerley director 1840 BROADMOOR DR E, SEATTLE WA 98112
Jonathan Gordon director 270 LAFAYETTER STREET, SUITE 810, NEW YORK NY 10012

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