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Lok'n Store Group (LSE:LOK) ROE % : 2.55% (As of Jan. 2024)


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What is Lok'n Store Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lok'n Store Group's annualized net income for the quarter that ended in Jan. 2024 was £5.87 Mil. Lok'n Store Group's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was £230.68 Mil. Therefore, Lok'n Store Group's annualized ROE % for the quarter that ended in Jan. 2024 was 2.55%.

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

LSE:LOK' s ROE % Range Over the Past 10 Years
Min: 0.46   Med: 3.86   Max: 6.88
Current: 1.82

During the past 13 years, Lok'n Store Group's highest ROE % was 6.88%. The lowest was 0.46%. And the median was 3.86%.

LSE:LOK's ROE % is ranked worse than
54.92% of 1770 companies
in the Real Estate industry
Industry Median: 2.655 vs LSE:LOK: 1.82

Lok'n Store Group ROE % Historical Data

The historical data trend for Lok'n Store 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.

* Premium members only.

Lok'n Store Group ROE % Chart

Lok'n Store Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 2.50 2.41 6.77 2.15

Lok'n Store Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 10.75 3.39 3.66 0.98 2.55

Competitive Comparison of Lok'n Store Group's ROE %

For the Real Estate Services subindustry, Lok'n Store 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.


Lok'n Store Group's ROE % Distribution in the Real Estate Industry

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

* The bar in red indicates where Lok'n Store Group's ROE % falls into.



Lok'n Store Group ROE % Calculation

Lok'n Store Group's annualized ROE % for the fiscal year that ended in Jul. 2023 is calculated as

ROE %=Net Income (A: Jul. 2023 )/( (Total Stockholders Equity (A: Jul. 2022 )+Total Stockholders Equity (A: Jul. 2023 ))/ count )
=4.692/( (205.346+230.472)/ 2 )
=4.692/217.909
=2.15 %

Lok'n Store Group's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=5.874/( (230.472+230.886)/ 2 )
=5.874/230.679
=2.55 %

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


Lok'n Store Group  (LSE:LOK) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=5.874/230.679
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.874 / 28.336)*(28.336 / 368.2495)*(368.2495 / 230.679)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.73 %*0.0769*1.5964
=ROA %*Equity Multiplier
=1.59 %*1.5964
=2.55 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=5.874/230.679
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.874 / 8.546) * (8.546 / 9.234) * (9.234 / 28.336) * (28.336 / 368.2495) * (368.2495 / 230.679)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6873 * 0.9255 * 32.59 % * 0.0769 * 1.5964
=2.55 %

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


Lok'n Store Group ROE % Related Terms

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Lok'n Store Group (LSE:LOK) Business Description

Traded in Other Exchanges
N/A
Address
112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE
Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

Lok'n Store Group (LSE:LOK) Headlines

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