GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bankers Investment Trust PLC (LSE:BNKR) » Definitions » ROE %

Bankers Investment Trust (LSE:BNKR) ROE % : -12.54% (As of Oct. 2022)


View and export this data going back to 1957. Start your Free Trial

What is Bankers Investment Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bankers Investment Trust's annualized net income for the quarter that ended in Oct. 2022 was £-178.08 Mil. Bankers Investment Trust's average Total Stockholders Equity over the quarter that ended in Oct. 2022 was £1,419.55 Mil. Therefore, Bankers Investment Trust's annualized ROE % for the quarter that ended in Oct. 2022 was -12.54%.

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

LSE:BNKR's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 6.47
* Ranked among companies with meaningful ROE % only.

Bankers Investment Trust ROE % Historical Data

The historical data trend for Bankers Investment 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.

Bankers Investment Trust ROE % Chart

Bankers Investment Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 4.92 23.22 -12.16 4.79

Bankers Investment Trust Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Oct23
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 33.30 13.09 -11.76 -12.54 -

Competitive Comparison of Bankers Investment Trust's ROE %

For the Asset Management subindustry, Bankers Investment 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.


Bankers Investment Trust's ROE % Distribution in the Asset Management Industry

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

* The bar in red indicates where Bankers Investment Trust's ROE % falls into.



Bankers Investment Trust ROE % Calculation

Bankers Investment Trust's annualized ROE % for the fiscal year that ended in Oct. 2023 is calculated as

ROE %=Net Income (A: Oct. 2023 )/( (Total Stockholders Equity (A: Oct. 2022 )+Total Stockholders Equity (A: Oct. 2023 ))/ count )
=64.557/( (1360.666+1333.523)/ 2 )
=64.557/1347.0945
=4.79 %

Bankers Investment Trust's annualized ROE % for the quarter that ended in Oct. 2022 is calculated as

ROE %=Net Income (Q: Oct. 2022 )/( (Total Stockholders Equity (Q: Apr. 2022 )+Total Stockholders Equity (Q: Oct. 2022 ))/ count )
=-178.078/( (1478.43+1360.666)/ 2 )
=-178.078/1419.548
=-12.54 %

* 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 (Oct. 2022) net income data. ROE % is displayed in the 30-year financial page.


Bankers Investment Trust  (LSE:BNKR) 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. 2022 )
=Net Income/Total Stockholders Equity
=-178.078/1419.548
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-178.078 / -173.106)*(-173.106 / 1563.336)*(1563.336 / 1419.548)
=Net Margin %*Asset Turnover*Equity Multiplier
=102.87 %*-0.1107*1.1013
=ROA %*Equity Multiplier
=-11.39 %*1.1013
=-12.54 %

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. 2022 )
=Net Income/Total Stockholders Equity
=-178.078/1419.548
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-178.078 / -174.46) * (-174.46 / -173.106) * (-173.106 / 1563.336) * (1563.336 / 1419.548)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0207 * 100.78 % * -0.1107 * 1.1013
=-12.54 %

Note: The net income data used here is two times the semi-annual (Oct. 2022) net income data. The Revenue data used here is two times the semi-annual (Oct. 2022) 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.


Bankers Investment Trust ROE % Related Terms

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


Bankers Investment Trust Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Bankers Investment Trust PLC is a UK based investment trust company. The company's investment objective is to achieve capital growth in the excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investment, investment trust, collective funds, and derivatives. Its geographical segments are North America, United Kingdom, Europe(excluding the UK), Japan, China, and Pacific(excluding Japan & China).

Bankers Investment Trust Headlines

No Headlines