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Baronsmead Second Venture Trust (LSE:BMD) ROE % : 5.18% (As of Sep. 2024)


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What is Baronsmead Second Venture Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baronsmead Second Venture Trust's annualized net income for the quarter that ended in Sep. 2024 was £11.45 Mil. Baronsmead Second Venture Trust's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was £221.26 Mil. Therefore, Baronsmead Second Venture Trust's annualized ROE % for the quarter that ended in Sep. 2024 was 5.18%.

The historical rank and industry rank for Baronsmead Second Venture Trust's ROE % or its related term are showing as below:

LSE:BMD' s ROE % Range Over the Past 10 Years
Min: -21.66   Med: 5.21   Max: 26.25
Current: 6.02

During the past 13 years, Baronsmead Second Venture Trust's highest ROE % was 26.25%. The lowest was -21.66%. And the median was 5.21%.

LSE:BMD's ROE % is ranked worse than
56.48% of 1659 companies
in the Asset Management industry
Industry Median: 7.96 vs LSE:BMD: 6.02

Baronsmead Second Venture Trust ROE % Historical Data

The historical data trend for Baronsmead Second Venture Trust'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.

Baronsmead Second Venture Trust ROE % Chart

Baronsmead Second Venture Trust Annual Data
Trend Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 26.25 -21.66 -3.27 5.99

Baronsmead Second Venture Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -17.56 -3.56 -2.99 6.94 5.18

Competitive Comparison of Baronsmead Second Venture Trust's ROE %

For the Asset Management subindustry, Baronsmead Second Venture Trust'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.


Baronsmead Second Venture Trust's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baronsmead Second Venture Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Baronsmead Second Venture Trust's ROE % falls into.



Baronsmead Second Venture Trust ROE % Calculation

Baronsmead Second Venture Trust's annualized ROE % for the fiscal year that ended in Sep. 2024 is calculated as

ROE %=Net Income (A: Sep. 2024 )/( (Total Stockholders Equity (A: Sep. 2023 )+Total Stockholders Equity (A: Sep. 2024 ))/ count )
=13.097/( (209.659+227.444)/ 2 )
=13.097/218.5515
=5.99 %

Baronsmead Second Venture Trust's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=11.454/( (215.075+227.444)/ 2 )
=11.454/221.2595
=5.18 %

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


Baronsmead Second Venture Trust  (LSE:BMD) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=11.454/221.2595
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.454 / 12.124)*(12.124 / 222.7915)*(222.7915 / 221.2595)
=Net Margin %*Asset Turnover*Equity Multiplier
=94.47 %*0.0544*1.0069
=ROA %*Equity Multiplier
=5.14 %*1.0069
=5.18 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=11.454/221.2595
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (11.454 / 11.454) * (11.454 / 12.124) * (12.124 / 222.7915) * (222.7915 / 221.2595)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 94.47 % * 0.0544 * 1.0069
=5.18 %

Note: The net income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Baronsmead Second Venture Trust ROE % Related Terms

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Baronsmead Second Venture Trust Business Description

Traded in Other Exchanges
N/A
Address
80 Cheapside, London, GBR, EC2V 6EE
Baronsmead Second Venture Trust PLC is an investment company. It aims to achieve long-term investment returns for private investors. The company's investment policy is to invest mainly in a diverse portfolio of UK growth businesses, whether unquoted or traded on an Alternate investment market. It invests in securities across a range of sectors that have the potential to grow and enhance their value. The company's portfolio includes ordinary and preference shares, loan stocks, convertible securities, permitted non-qualifying investments, and cash. It holds a diversified portfolio of investments across sectors such as Technology, Media and Telecommunications, Business Services, Consumer Markets, and Healthcare and Education.

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