GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » United Natural Foods Inc (FRA:UN3) » Definitions » ROE %

United Natural Foods (FRA:UN3) ROE % : -5.13% (As of Oct. 2024)


View and export this data going back to 1996. Start your Free Trial

What is United Natural Foods ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. United Natural Foods's annualized net income for the quarter that ended in Oct. 2024 was €-77 Mil. United Natural Foods's average Total Stockholders Equity over the quarter that ended in Oct. 2024 was €1,502 Mil. Therefore, United Natural Foods's annualized ROE % for the quarter that ended in Oct. 2024 was -5.13%.

The historical rank and industry rank for United Natural Foods's ROE % or its related term are showing as below:

FRA:UN3' s ROE % Range Over the Past 10 Years
Min: -20.66   Med: 8.4   Max: 15
Current: -5.64

During the past 13 years, United Natural Foods's highest ROE % was 15.00%. The lowest was -20.66%. And the median was 8.40%.

FRA:UN3's ROE % is ranked worse than
88.93% of 307 companies
in the Retail - Defensive industry
Industry Median: 10.09 vs FRA:UN3: -5.64

United Natural Foods ROE % Historical Data

The historical data trend for United Natural Foods'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.

United Natural Foods ROE % Chart

United Natural Foods Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.37 11.07 16.03 1.30 -6.69

United Natural Foods Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -9.28 -3.48 -5.02 -8.86 -5.13

Competitive Comparison of United Natural Foods's ROE %

For the Food Distribution subindustry, United Natural Foods'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.


United Natural Foods's ROE % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's ROE % distribution charts can be found below:

* The bar in red indicates where United Natural Foods's ROE % falls into.



United Natural Foods ROE % Calculation

United Natural Foods's annualized ROE % for the fiscal year that ended in Jul. 2024 is calculated as

ROE %=Net Income (A: Jul. 2024 )/( (Total Stockholders Equity (A: Jul. 2023 )+Total Stockholders Equity (A: Jul. 2024 ))/ count )
=-103.264/( (1575.672+1513.002)/ 2 )
=-103.264/1544.337
=-6.69 %

United Natural Foods's annualized ROE % for the quarter that ended in Oct. 2024 is calculated as

ROE %=Net Income (Q: Oct. 2024 )/( (Total Stockholders Equity (Q: Jul. 2024 )+Total Stockholders Equity (Q: Oct. 2024 ))/ count )
=-77.112/( (1513.002+1491.75)/ 2 )
=-77.112/1502.376
=-5.13 %

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


United Natural Foods  (FRA:UN3) 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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=-77.112/1502.376
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-77.112 / 28902.312)*(28902.312 / 7126.802)*(7126.802 / 1502.376)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.27 %*4.0554*4.7437
=ROA %*Equity Multiplier
=-1.09 %*4.7437
=-5.13 %

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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=-77.112/1502.376
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-77.112 / -88.128) * (-88.128 / 84.456) * (84.456 / 28902.312) * (28902.312 / 7126.802) * (7126.802 / 1502.376)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.875 * -1.0435 * 0.29 % * 4.0554 * 4.7437
=-5.13 %

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


United Natural Foods ROE % Related Terms

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


United Natural Foods Business Description

Traded in Other Exchanges
Address
313 Iron Horse Way, Providence, RI, USA, 02908
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.

United Natural Foods Headlines

No Headlines