GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rostra AG (FRA:3330) » Definitions » ROE %

Rostra AG (FRA:3330) ROE % : -105.91% (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Rostra AG ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rostra AG's annualized net income for the quarter that ended in Jun. 2024 was €-0.48 Mil. Rostra AG's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was €0.46 Mil. Therefore, Rostra AG's annualized ROE % for the quarter that ended in Jun. 2024 was -105.91%.

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

FRA:3330' s ROE % Range Over the Past 10 Years
Min: -207.48   Med: 26.59   Max: 57.38
Current: -72.04

During the past 7 years, Rostra AG's highest ROE % was 57.38%. The lowest was -207.48%. And the median was 26.59%.

FRA:3330's ROE % is ranked worse than
97.25% of 1671 companies
in the Asset Management industry
Industry Median: 6.34 vs FRA:3330: -72.04

Rostra AG ROE % Historical Data

The historical data trend for Rostra AG'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.

Rostra AG ROE % Chart

Rostra AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Sep20 Sep21 Dec23
ROE %
Get a 7-Day Free Trial 0.52 -207.48 - - -

Rostra AG Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Mar20 Sep20 Mar21 Sep21 Jun23 Dec23 Jun24
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 - Negative Equity - -46.75 -105.91

Competitive Comparison of Rostra AG's ROE %

For the Asset Management subindustry, Rostra AG'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.


Rostra AG's ROE % Distribution in the Asset Management Industry

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

* The bar in red indicates where Rostra AG's ROE % falls into.



Rostra AG ROE % Calculation

Rostra AG'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: Sep. 2021 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-0.263/( (-1.085+0.578)/ 2 )
=-0.263/-0.2535
=N/A %

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

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=-0.484/( (0.578+0.336)/ 2 )
=-0.484/0.457
=-105.91 %

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


Rostra AG  (FRA:3330) 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
=-0.484/0.457
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.484 / 0)*(0 / 0.769)*(0.769 / 0.457)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.6827
=ROA %*Equity Multiplier
=N/A %*1.6827
=-105.91 %

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
=-0.484/0.457
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.484 / -0.482) * (-0.482 / -0.288) * (-0.288 / 0) * (0 / 0.769) * (0.769 / 0.457)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0041 * 1.6736 * N/A % * 0 * 1.6827
=-105.91 %

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


Rostra AG ROE % Related Terms

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


Rostra AG Business Description

Traded in Other Exchanges
Address
Breite Strabe 3, Dusseldorf, DEU, 40213
Rostra AG purpose is the acquisition, management, and sale of investments in corporations and partnerships companies.

Rostra AG Headlines

No Headlines