GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lee Enterprises Inc (NAS:LEE) » Definitions » ROE %

LEE (Lee Enterprises) ROE % : -287.42% (As of Jun. 2024)


View and export this data going back to 1978. Start your Free Trial

What is Lee Enterprises ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lee Enterprises's annualized net income for the quarter that ended in Jun. 2024 was $-17.1 Mil. Lee Enterprises's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $5.9 Mil. Therefore, Lee Enterprises's annualized ROE % for the quarter that ended in Jun. 2024 was -287.42%.

The historical rank and industry rank for Lee Enterprises's ROE % or its related term are showing as below:

LEE' s ROE % Range Over the Past 10 Years
Min: -136.36   Med: Negative Equity   Max: Negative Equity
Current: -136.36

During the past 13 years, Lee Enterprises's highest ROE % was Negative Equity%. The lowest was -136.36%. And the median was Negative Equity%.

LEE's ROE % is ranked worse than
95.76% of 966 companies
in the Media - Diversified industry
Industry Median: 2.155 vs LEE: -136.36

Lee Enterprises ROE % Historical Data

The historical data trend for Lee Enterprises'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.

Lee Enterprises ROE % Chart

Lee Enterprises Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity - 477.18 -7.19 -29.06

Lee Enterprises Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 53.23 -47.45 13.43 -352.53 -287.42

Competitive Comparison of Lee Enterprises's ROE %

For the Publishing subindustry, Lee Enterprises'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.


Lee Enterprises's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lee Enterprises's ROE % distribution charts can be found below:

* The bar in red indicates where Lee Enterprises's ROE % falls into.



Lee Enterprises ROE % Calculation

Lee Enterprises's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=-5.267/( (15.005+21.24)/ 2 )
=-5.267/18.1225
=-29.06 %

Lee Enterprises's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=-17.064/( (7.906+3.968)/ 2 )
=-17.064/5.937
=-287.42 %

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


Lee Enterprises  (NAS:LEE) 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. 2024 )
=Net Income/Total Stockholders Equity
=-17.064/5.937
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-17.064 / 602.312)*(602.312 / 681.131)*(681.131 / 5.937)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.83 %*0.8843*114.7265
=ROA %*Equity Multiplier
=-2.5 %*114.7265
=-287.42 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-17.064/5.937
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-17.064 / -18.16) * (-18.16 / 24.708) * (24.708 / 602.312) * (602.312 / 681.131) * (681.131 / 5.937)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9396 * -0.735 * 4.1 % * 0.8843 * 114.7265
=-287.42 %

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


Lee Enterprises ROE % Related Terms

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


Lee Enterprises Business Description

Traded in Other Exchanges
Address
4600 E 53rd Street, Davenport, IA, USA, 52807
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.
Executives
Steven C. Fletcher director C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Shaun Mcalmont director C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Moloney Herbert W Iii director 215 N MAIN STREET, SUITE 400, DAVENPORT IA 52801
Margaret R. Liberman director C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, STE. 600, DAVENPORT IA 52801
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jolene N. Sherman officer: V.P. - Business Development C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Joseph J Battistoni officer: VP - Local Advertising C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Astrid J Garcia officer: VP - Human Resources & Legal C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Nancy S Donovan director
William E Mayer director C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Ray G Farris officer: V.P. & Group Publisher C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Gregory P Schermer director, 10 percent owner, officer: Vice Pres.-Interactive Media C/O LEE ENTERPRISES INCORPORATED, 215 N MAIN STREET STE 400, DAVENPORT IA 52801
Timothy R. Millage officer: V.P., CFO and Treasurer C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Michael R Gulledge officer: Vice President - Publishing C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, DAVENPORT IA 52801-1939