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General Technologies AG (FRA:W8Z0) ROE % : -466.67% (As of Jun. 2019)


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What is General Technologies AG ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. General Technologies AG's annualized net income for the quarter that ended in Jun. 2019 was €-0.03 Mil. General Technologies AG's average Total Stockholders Equity over the quarter that ended in Jun. 2019 was €0.01 Mil. Therefore, General Technologies AG's annualized ROE % for the quarter that ended in Jun. 2019 was -466.67%.

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

FRA:W8Z0's ROE % is not ranked *
in the Capital Markets industry.
Industry Median: 5.26
* Ranked among companies with meaningful ROE % only.

General Technologies AG ROE % Historical Data

The historical data trend for General Technologies 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.

General Technologies AG ROE % Chart

General Technologies AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -97.87 -71.46 -38.43 -243.01 Negative Equity

General Technologies AG Semi-Annual Data
Dec08 Dec09 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 75.59 -456.74 - 2,366.67 -466.67

Competitive Comparison of General Technologies AG's ROE %

For the Capital Markets subindustry, General Technologies 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.


General Technologies AG's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, General Technologies AG's ROE % distribution charts can be found below:

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



General Technologies AG ROE % Calculation

General Technologies AG's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=0.016/( (-0.0099999999999998+0.006)/ 2 )
=0.016/-0.0019999999999999
=Negative Equity %

General Technologies AG's annualized ROE % for the quarter that ended in Jun. 2019 is calculated as

ROE %=Net Income (Q: Jun. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Jun. 2019 ))/ count )
=-0.028/( (0.006+0)/ 1 )
=-0.028/0.006
=-466.67 %

* 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. 2019) net income data. ROE % is displayed in the 30-year financial page.


General Technologies AG  (FRA:W8Z0) 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. 2019 )
=Net Income/Total Stockholders Equity
=-0.028/0.006
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.028 / 0)*(0 / 0.1515)*(0.1515 / 0.006)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*25.25
=ROA %*Equity Multiplier
=N/A %*25.25
=-466.67 %

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. 2019 )
=Net Income/Total Stockholders Equity
=-0.028/0.006
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.028 / -0.028) * (-0.028 / -0.028) * (-0.028 / 0) * (0 / 0.1515) * (0.1515 / 0.006)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * N/A % * 0 * 25.25
=-466.67 %

Note: The net income data used here is two times the semi-annual (Jun. 2019) net income data. The Revenue data used here is two times the semi-annual (Jun. 2019) 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.


General Technologies AG ROE % Related Terms

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


General Technologies AG (FRA:W8Z0) Business Description

Traded in Other Exchanges
N/A
Address
Thurn-und-Taxis-Platz 6, Frankfurt, DEU, 60313
General Technologies AG, formerly Basic Resources AG offers services including capital market consulting, corporate restructuring, mergers & acquisitions and corporate communication. It identifies, finance and advises small and medium-sized companies in the areas of commodities and emerging markets.

General Technologies AG (FRA:W8Z0) Headlines

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