Raven Property Group (JSE:RAV) ROE %: 32.67% (As of Jun. 2021)


What is Raven Property Group ROE %?

Raven Property Group JSE:RAV ROE % is 32.67% as of Jun. 2021.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Raven Property Group's annualized net income for the quarter that ended in Jun. 2021 was R1,607 Mil. Raven Property Group's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was R4,918 Mil. Therefore, Raven Property Group's annualized ROE % for the quarter that ended in Jun. 2021 was 32.67%.

The historical rank and industry rank for Raven Property Group's ROE % or its related term are showing as below:

JSE:RAV's ROE % is not ranked *
in the Real Estate industry.
Industry Median: 3.98
* Ranked among companies with meaningful ROE % only.

Raven Property Group  (JSE:RAV) 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. 2021 )
=Net Income/Total Stockholders Equity
=1606.582/4917.809
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1606.582 / 2756.432)*(2756.432 / 25039.0965)*(25039.0965 / 4917.809)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.28 %*0.1101*5.0915
=ROA %*Equity Multiplier
=6.42 %*5.0915
=32.67 %

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. 2021 )
=Net Income/Total Stockholders Equity
=1606.582/4917.809
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1606.582 / 1942.254) * (1942.254 / 1558.696) * (1558.696 / 2756.432) * (2756.432 / 25039.0965) * (25039.0965 / 4917.809)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8272 * 1.2461 * 56.55 % * 0.1101 * 5.0915
=32.67 %

Note: The net income data used here is two times the semi-annual (Jun. 2021) net income data. The Revenue data used here is two times the semi-annual (Jun. 2021) 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.


Raven Property Group ROE % Related Terms


Raven Property Group ROE % Historical Data

* Premium members only.

The historical data trend for Raven Property Group'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.

Raven Property Group ROE % Chart

Raven Property Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 10.91 -35.67 14.19 -4.89

Raven Property Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 15.30 10.50 -21.09 13.17 32.67

JSE:RAV vs CSGP, CBRE, BEKE: ROE % Comparison

For the Real Estate Services subindustry, Raven Property Group'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.


Raven Property Group ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Raven Property Group's ROE % distribution charts can be found below:

* The bar in red indicates where Raven Property Group's ROE % falls into.



Raven Property Group ROE % Calculation

Raven Property Group's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=-283.174/( (6904.809+4674.365)/ 2 )
=-283.174/5789.587
=-4.89 %

Raven Property Group's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Dec. 2020 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=1606.582/( (4674.365+5161.253)/ 2 )
=1606.582/4917.809
=32.67 %

* 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. 2021) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 32.67% mean?
Raven Property Group (JSE:RAV) has a ROE % of 32.67% as of Jun. 2021. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Raven Property Group and its competitors.
Is Raven Property Group's ROE % too high?
Raven Property Group's current ROE % is 32.67%. The Real Estate industry median ROE % is 3.98. Raven Property Group's value of 32.67% is 720.9% above this industry median.
How does Raven Property Group's ROE % compare to CSGP and CBRE?
Raven Property Group's ROE % of 32.67% can be compared against companies in the Real Estate industry. The industry median ROE % is 3.98. Raven Property Group's value of 32.67% is 720.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.98, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raven Property Group's current ROE % of 32.67% is 720.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Raven Property Group and its competitors. For the Real Estate industry, the median ROE % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raven Property Group's current ROE % is 32.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raven Property Group stock overvalued right now?
Raven Property Group (JSE:RAV) has a current ROE % of 32.67%. The current ROE % is 32.67% and 720.9% above the Real Estate industry median of 3.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Raven Property Group (JSE:RAV), the current ROE % is 32.67% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raven Property Group Business Description

Address La Vieille Cour, P.O. Box 522, La Plaiderie, Second Floor, St Peter Port, GGY, GY1 6EH
Raven Property Group Ltd, along with its subsidiaries, operates as a property investment group specializing in commercial real estate in Russia. The business activity of the group functions through three operating segments: Property Investment, Roslogistics, and Raven Mount. The Property Investment segment acquires, develops, and leases commercial property in Russia; the Roslogistics segment is engaged in the provision of warehousing, transport, customs brokerage, and related services in Russia; and Raven Mount looks into the sale of residential property in the UK. It generates most of its revenues through the rent of its Moscow properties from the Property Investment segment.