NMBZ Holding (LSE:NMB) ROE %: 0.05% (As of Jun. 2024) — 100% Below Median


What is NMBZ Holding ROE %?

NMBZ Holding LSE:NMB 17 ROE % is 0.05% as of Jun. 2024, which is 100% below its 10-year median of 28.59. GuruFocus rates LSE:NMB with a GF Score™ of 17/100. The stock has 8 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NMBZ Holding's annualized net income for the quarter that ended in Jun. 2024 was $0.44 Mil. NMBZ Holding's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $827.41 Mil. Therefore, NMBZ Holding's annualized ROE % for the quarter that ended in Jun. 2024 was 0.05%.

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

LSE:NMB' s ROE % Range Over the Past 10 Years
Min: 1.62   Med: 28.59   Max: 74.85
Current: 89.24

During the past 9 years, NMBZ Holding's highest ROE % was 74.85%. The lowest was 1.62%. And the median was 28.59%.

LSE:NMB's ROE % is not ranked
in the Banks industry.
Industry Median: 10.22 vs LSE:NMB: 89.24

NMBZ Holding  (LSE:NMB) 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
=0.444/827.4065
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.444 / 4.274)*(4.274 / 2338.1295)*(2338.1295 / 827.4065)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.39 %*0.0018*2.8259
=ROA %*Equity Multiplier
=0.02 %*2.8259
=0.05 %

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
=0.444/827.4065
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.444 / 0.504) * (0.504 / 4.274) * (4.274 / 2338.1295) * (2338.1295 / 827.4065)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.881 * 11.79 % * 0.0018 * 2.8259
=0.05 %

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


NMBZ Holding ROE % Related Terms


NMBZ Holding ROE % Historical Data

* Premium members only.

The historical data trend for NMBZ Holding'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.

NMBZ Holding ROE % Chart

NMBZ Holding Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 21.39 28.58 34.97 49.03 74.85

NMBZ Holding Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 65.55 87.23 0.53 119.13 0.05

LSE:NMB vs PNC, USB, NU: ROE % Comparison

For the Banks - Regional subindustry, NMBZ Holding'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.


NMBZ Holding ROE % vs Banks Industry

For the Banks industry and Financial Services sector, NMBZ Holding's ROE % distribution charts can be found below:

* The bar in red indicates where NMBZ Holding's ROE % falls into.



NMBZ Holding ROE % Calculation

NMBZ Holding's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=855.996/( (636.681+1650.435)/ 2 )
=855.996/1143.558
=74.85 %

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

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=0.444/( (1650.435+4.378)/ 2 )
=0.444/827.4065
=0.05 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.05% mean?
NMBZ Holding (LSE:NMB) has a ROE % of 0.05% as of Jun. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on NMBZ Holding and its competitors. This is 100% below median its historical median of 28.59. Over the past decade, NMBZ Holding's ROE % has ranged from 1.62 to 74.85.
Is NMBZ Holding's ROE % too high?
NMBZ Holding's current ROE % of 0.05% is 100% below median its 10-year median of 28.59. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 74.85. The Banks industry median ROE % is 10.22. NMBZ Holding's value of 0.05% is 99.5% below this industry median. Overall, NMBZ Holding has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NMBZ Holding's ROE % compare to PNC and USB?
NMBZ Holding's ROE % of 0.05% can be compared against companies in the Banks industry. The industry median ROE % is 10.22. NMBZ Holding's value of 0.05% is 99.5% below this benchmark. Historically, NMBZ Holding's own ROE % has ranged from 1.62 to 74.85 over the past decade. While the company's 10-year median is 28.59 vs. the industry median of 10.22, NMBZ Holding has consistently been below the industry average. 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 Banks company?
The median ROE % among Banks companies is 10.22, based on 1,523 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. NMBZ Holding's current ROE % of 0.05% is 99.5% below 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 NMBZ Holding and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMBZ Holding's current ROE % is 0.05%, which is 100% below median its own 10-year median of 28.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMBZ Holding stock overvalued right now?
NMBZ Holding (LSE:NMB) has a current ROE % of 0.05%. The current ROE % is 0.05%, which is 100% below median its 10-year median of 28.59 and 99.5% below the Banks industry median of 10.22. NMBZ Holding's overall GF Score™ is 17/100 with 8 warning signs to review. 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 NMBZ Holding (LSE:NMB), the current ROE % is 0.05% as of Jun. 2024. 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.

NMBZ Holding Business Description

Address 19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE
NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in six segments: Consumer Banking & Value Added Services, Business Banking, Treasury & International Banking, Microfinance, Real Estate, Xplug, and Digital Banking. The company generates the majority of its revenue from Consumer Banking & Value Added Services segment, which is engaged in individual customer deposits and consumer loans, overdrafts, credit card facilities, and funds transfer facilities.