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FHNGY (Foschini Group) ROE % : 10.23% (As of Sep. 2024)


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What is Foschini Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Foschini Group's annualized net income for the quarter that ended in Sep. 2024 was $136 Mil. Foschini Group's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $1,330 Mil. Therefore, Foschini Group's annualized ROE % for the quarter that ended in Sep. 2024 was 10.23%.

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

FHNGY' s ROE % Range Over the Past 10 Years
Min: -11.23   Med: 17.96   Max: 24.19
Current: 12.55

During the past 13 years, Foschini Group's highest ROE % was 24.19%. The lowest was -11.23%. And the median was 17.96%.

FHNGY's ROE % is ranked better than
69.48% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 5.565 vs FHNGY: 12.55

Foschini Group ROE % Historical Data

The historical data trend for Foschini Group'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.

Foschini Group ROE % Chart

Foschini Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.17 -11.81 16.01 13.44 13.04

Foschini Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 13.93 14.42 11.07 15.22 10.23

Competitive Comparison of Foschini Group's ROE %

For the Specialty Retail subindustry, Foschini Group'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.


Foschini Group's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foschini Group's ROE % distribution charts can be found below:

* The bar in red indicates where Foschini Group's ROE % falls into.



Foschini Group ROE % Calculation

Foschini Group'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 )
=160.825/( (1185.821+1280.86)/ 2 )
=160.825/1233.3405
=13.04 %

Foschini Group's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=136.154/( (1280.86+1380.09)/ 2 )
=136.154/1330.475
=10.23 %

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


Foschini Group  (OTCPK:FHNGY) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=136.154/1330.475
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(136.154 / 2941.188)*(2941.188 / 2997.059)*(2997.059 / 1330.475)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.63 %*0.9814*2.2526
=ROA %*Equity Multiplier
=4.54 %*2.2526
=10.23 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=136.154/1330.475
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (136.154 / 188.112) * (188.112 / 222.634) * (222.634 / 2941.188) * (2941.188 / 2997.059) * (2997.059 / 1330.475)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7238 * 0.8449 * 7.57 % * 0.9814 * 2.2526
=10.23 %

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


Foschini Group ROE % Related Terms

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Foschini Group Business Description

Traded in Other Exchanges
Address
340 Voortrekker Road, Stanley Lewis Centre, Parow East, Cape Town, WC, ZAF, 7500
Foschini Group Ltd is a South African fashion retailer. The company mainly offers ladieswear, footwear, accessories, cosmetics and fragrances, kidswear, homewares, sportswear, cellular, and jewelry in South Africa. The Foschini Group is a diverse group with a portfolio of thirty-four fashion and lifestyle retail brands portfolio includes multiple brands such as Home, American Swiss, Sterns, Charles and Keith, Colette, DonnaClaire, Phase Eight, Duesouth, Exact, Fabiani, The Fix, Foschini, G-star Raw, hi, Markham, Mat and May, and Whistles. The Group operates through TFG Africa retail division, TFG London, TFG Australia, and TFG Africa Credit segments. It earns the majority of its revenue from the TFG Africa retail segment.

Foschini Group Headlines

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