GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) » Definitions » ROE %

Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) ROE % : -31.33% (As of Dec. 2018)


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

What is Mensa Sinai Ticari Mali Yatirimlar A.S. ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mensa Sinai Ticari Mali Yatirimlar A.S.'s annualized net income for the quarter that ended in Dec. 2018 was ₺-15.47 Mil. Mensa Sinai Ticari Mali Yatirimlar A.S.'s average Total Stockholders Equity over the quarter that ended in Dec. 2018 was ₺49.38 Mil. Therefore, Mensa Sinai Ticari Mali Yatirimlar A.S.'s annualized ROE % for the quarter that ended in Dec. 2018 was -31.33%.

The historical rank and industry rank for Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROE % or its related term are showing as below:

IST:MEMS1.PFD' s ROE % Range Over the Past 10 Years
Min: -18.2   Med: -7.38   Max: 4.64
Current: -3.09

During the past 8 years, Mensa Sinai Ticari Mali Yatirimlar A.S.'s highest ROE % was 4.64%. The lowest was -18.20%. And the median was -7.38%.

IST:MEMS1.PFD's ROE % is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.67 vs IST:MEMS1.PFD: -3.09

Mensa Sinai Ticari Mali Yatirimlar A.S. ROE % Historical Data

The historical data trend for Mensa Sinai Ticari Mali Yatirimlar A.S.'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.

Mensa Sinai Ticari Mali Yatirimlar A.S. ROE % Chart

Mensa Sinai Ticari Mali Yatirimlar A.S. Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec17 Dec18
ROE %
Get a 7-Day Free Trial -9.02 -18.20 -3.09 -10.71 -31.33

Mensa Sinai Ticari Mali Yatirimlar A.S. Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec17 Dec18
ROE % Get a 7-Day Free Trial -9.02 -18.20 -3.09 -10.71 -31.33

Competitive Comparison of Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROE %

For the Textile Manufacturing subindustry, Mensa Sinai Ticari Mali Yatirimlar A.S.'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.


Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROE % distribution charts can be found below:

* The bar in red indicates where Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROE % falls into.


;
;

Mensa Sinai Ticari Mali Yatirimlar A.S. ROE % Calculation

Mensa Sinai Ticari Mali Yatirimlar A.S.'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 )
=-15.472/( (55.514+43.25)/ 2 )
=-15.472/49.382
=-31.33 %

Mensa Sinai Ticari Mali Yatirimlar A.S.'s annualized ROE % for the quarter that ended in Dec. 2018 is calculated as

ROE %=Net Income (Q: Dec. 2018 )/( (Total Stockholders Equity (Q: Dec. 2017 )+Total Stockholders Equity (Q: Dec. 2018 ))/ count )
=-15.472/( (55.514+43.25)/ 2 )
=-15.472/49.382
=-31.33 %

* 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 one times the annual (Dec. 2018) net income data. ROE % is displayed in the 30-year financial page.


Mensa Sinai Ticari Mali Yatirimlar A.S.  (IST:MEMS1.PFD) 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: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-15.472/49.382
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.472 / 0.095)*(0.095 / 194.4915)*(194.4915 / 49.382)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16286.32 %*0.0005*3.9385
=ROA %*Equity Multiplier
=-8.14 %*3.9385
=-31.33 %

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: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-15.472/49.382
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.472 / -15.607) * (-15.607 / -8.047) * (-8.047 / 0.095) * (0.095 / 194.4915) * (194.4915 / 49.382)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9914 * 1.9395 * -8470.53 % * 0.0005 * 3.9385
=-31.33 %

Note: The net income data used here is one times the annual (Dec. 2018) net income data. The Revenue data used here is one times the annual (Dec. 2018) 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.


Mensa Sinai Ticari Mali Yatirimlar A.S. ROE % Related Terms

Thank you for viewing the detailed overview of Mensa Sinai Ticari Mali Yatirimlar A.S.'s ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mensa Sinai Ticari Mali Yatirimlar A.S. Business Description

Traded in Other Exchanges
N/A
Address
Mehmet Ozmen Nesih Precious Quarter Street No: 27, Ors Business Centre Floor: 1 Apartment 4 / B Merter, Gungoren, Istanbul, TUR, 01323
Mensa Sinai Ticari Mali Yatirimlar AS produces cotton, polyester, linen, viscose fabrics and other textile products. The company sells in Turkey and exports to various retail chain stores.

Mensa Sinai Ticari Mali Yatirimlar A.S. Headlines

No Headlines