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PSG Financial Services Limited (FRA:EU4) ROE % : 26.64% (As of Aug. 2024)


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What is PSG Financial Services Limited ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PSG Financial Services Limited's annualized net income for the quarter that ended in Aug. 2024 was €61.5 Mil. PSG Financial Services Limited's average Total Stockholders Equity over the quarter that ended in Aug. 2024 was €230.7 Mil. Therefore, PSG Financial Services Limited's annualized ROE % for the quarter that ended in Aug. 2024 was 26.64%.

The historical rank and industry rank for PSG Financial Services Limited's ROE % or its related term are showing as below:

FRA:EU4' s ROE % Range Over the Past 10 Years
Min: 18.41   Med: 23.04   Max: 26.37
Current: 25.57

During the past 13 years, PSG Financial Services Limited's highest ROE % was 26.37%. The lowest was 18.41%. And the median was 23.04%.

FRA:EU4's ROE % is ranked better than
91.32% of 1671 companies
in the Asset Management industry
Industry Median: 6.43 vs FRA:EU4: 25.57

PSG Financial Services Limited ROE % Historical Data

The historical data trend for PSG Financial Services Limited'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.

PSG Financial Services Limited ROE % Chart

PSG Financial Services Limited Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.12 19.35 24.21 21.54 22.62

PSG Financial Services Limited Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 20.01 24.25 21.77 24.69 26.64

Competitive Comparison of PSG Financial Services Limited's ROE %

For the Asset Management subindustry, PSG Financial Services Limited'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.


PSG Financial Services Limited's ROE % Distribution in the Asset Management Industry

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

* The bar in red indicates where PSG Financial Services Limited's ROE % falls into.



PSG Financial Services Limited ROE % Calculation

PSG Financial Services Limited's annualized ROE % for the fiscal year that ended in Feb. 2024 is calculated as

ROE %=Net Income (A: Feb. 2024 )/( (Total Stockholders Equity (A: Feb. 2023 )+Total Stockholders Equity (A: Feb. 2024 ))/ count )
=50.413/( (221.532+224.285)/ 2 )
=50.413/222.9085
=22.62 %

PSG Financial Services Limited's annualized ROE % for the quarter that ended in Aug. 2024 is calculated as

ROE %=Net Income (Q: Aug. 2024 )/( (Total Stockholders Equity (Q: Feb. 2024 )+Total Stockholders Equity (Q: Aug. 2024 ))/ count )
=61.452/( (224.285+237.045)/ 2 )
=61.452/230.665
=26.64 %

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


PSG Financial Services Limited  (FRA:EU4) 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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=61.452/230.665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(61.452 / 411.97)*(411.97 / 5906.963)*(5906.963 / 230.665)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.92 %*0.0697*25.6084
=ROA %*Equity Multiplier
=1.04 %*25.6084
=26.64 %

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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=61.452/230.665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (61.452 / 90.172) * (90.172 / 62.646) * (62.646 / 411.97) * (411.97 / 5906.963) * (5906.963 / 230.665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6815 * 1.4394 * 15.21 % * 0.0697 * 25.6084
=26.64 %

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


PSG Financial Services Limited ROE % Related Terms

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PSG Financial Services Limited Business Description

Traded in Other Exchanges
Address
3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, WC, ZAF, 7530
PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.

PSG Financial Services Limited Headlines

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