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Jupiter Marine International Holdings (Jupiter Marine International Holdings) ROE % : 19.95% (As of Oct. 2007)


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What is Jupiter Marine International Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jupiter Marine International Holdings's annualized net income for the quarter that ended in Oct. 2007 was $0.31 Mil. Jupiter Marine International Holdings's average Total Stockholders Equity over the quarter that ended in Oct. 2007 was $1.56 Mil. Therefore, Jupiter Marine International Holdings's annualized ROE % for the quarter that ended in Oct. 2007 was 19.95%.

The historical rank and industry rank for Jupiter Marine International Holdings's ROE % or its related term are showing as below:

JMIH's ROE % is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.23
* Ranked among companies with meaningful ROE % only.

Jupiter Marine International Holdings ROE % Historical Data

The historical data trend for Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings ROE % Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
ROE %
Get a 7-Day Free Trial 48.28 43.91 26.78 10.03 -63.31

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 1.70 -12.38 -66.01 -176.43 19.95

Competitive Comparison of Jupiter Marine International Holdings's ROE %

For the Leisure subindustry, Jupiter Marine International Holdings'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.


Jupiter Marine International Holdings's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's ROE % falls into.



Jupiter Marine International Holdings ROE % Calculation

Jupiter Marine International Holdings's annualized ROE % for the fiscal year that ended in Jul. 2007 is calculated as

ROE %=Net Income (A: Jul. 2007 )/( (Total Stockholders Equity (A: Jul. 2006 )+Total Stockholders Equity (A: Jul. 2007 ))/ count )
=-1.366/( (2.79+1.525)/ 2 )
=-1.366/2.1575
=-63.31 %

Jupiter Marine International Holdings's annualized ROE % for the quarter that ended in Oct. 2007 is calculated as

ROE %=Net Income (Q: Oct. 2007 )/( (Total Stockholders Equity (Q: Jul. 2007 )+Total Stockholders Equity (Q: Oct. 2007 ))/ count )
=0.312/( (1.525+1.603)/ 2 )
=0.312/1.564
=19.95 %

* 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. 2007) net income data. ROE % is displayed in the 30-year financial page.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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. 2007 )
=Net Income/Total Stockholders Equity
=0.312/1.564
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.312 / 15.432)*(15.432 / 4.502)*(4.502 / 1.564)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.02 %*3.4278*2.8785
=ROA %*Equity Multiplier
=6.92 %*2.8785
=19.95 %

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. 2007 )
=Net Income/Total Stockholders Equity
=0.312/1.564
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.312 / 0.312) * (0.312 / 0.392) * (0.392 / 15.432) * (15.432 / 4.502) * (4.502 / 1.564)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.7959 * 2.54 % * 3.4278 * 2.8785
=19.95 %

Note: The net income data used here is four times the quarterly (Oct. 2007) net income data. The Revenue data used here is four times the quarterly (Oct. 2007) 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.


Jupiter Marine International Holdings ROE % Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

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