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Schroderome Growth Fund (LSE:SCF) ROE % : 30.99% (As of Aug. 2024)


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What is Schroderome Growth Fund ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Schroderome Growth Fund's annualized net income for the quarter that ended in Aug. 2024 was £67.11 Mil. Schroderome Growth Fund's average Total Stockholders Equity over the quarter that ended in Aug. 2024 was £216.57 Mil. Therefore, Schroderome Growth Fund's annualized ROE % for the quarter that ended in Aug. 2024 was 30.99%.

The historical rank and industry rank for Schroderome Growth Fund's ROE % or its related term are showing as below:

LSE:SCF' s ROE % Range Over the Past 10 Years
Min: -14.04   Med: 3.93   Max: 29.26
Current: 17.57

During the past 13 years, Schroderome Growth Fund's highest ROE % was 29.26%. The lowest was -14.04%. And the median was 3.93%.

LSE:SCF's ROE % is ranked better than
83.84% of 1671 companies
in the Asset Management industry
Industry Median: 6.34 vs LSE:SCF: 17.57

Schroderome Growth Fund ROE % Historical Data

The historical data trend for Schroderome Growth Fund'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.

Schroderome Growth Fund ROE % Chart

Schroderome Growth Fund Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.04 29.26 -2.79 3.91 17.14

Schroderome Growth Fund Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 -4.52 19.73 -12.25 3.71 30.99

Competitive Comparison of Schroderome Growth Fund's ROE %

For the Asset Management subindustry, Schroderome Growth Fund'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.


Schroderome Growth Fund's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroderome Growth Fund's ROE % distribution charts can be found below:

* The bar in red indicates where Schroderome Growth Fund's ROE % falls into.



Schroderome Growth Fund ROE % Calculation

Schroderome Growth Fund's annualized ROE % for the fiscal year that ended in Aug. 2024 is calculated as

ROE %=Net Income (A: Aug. 2024 )/( (Total Stockholders Equity (A: Aug. 2023 )+Total Stockholders Equity (A: Aug. 2024 ))/ count )
=37.316/( (203.932+231.561)/ 2 )
=37.316/217.7465
=17.14 %

Schroderome Growth Fund's annualized ROE % for the quarter that ended in Aug. 2024 is calculated as

ROE %=Net Income (Q: Aug. 2024 )/( (Total Stockholders Equity (Q: Feb. 2024 )+Total Stockholders Equity (Q: Aug. 2024 ))/ count )
=67.11/( (201.58+231.561)/ 2 )
=67.11/216.5705
=30.99 %

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


Schroderome Growth Fund  (LSE:SCF) 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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=67.11/216.5705
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(67.11 / 67.716)*(67.716 / 247.1595)*(247.1595 / 216.5705)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.11 %*0.274*1.1412
=ROA %*Equity Multiplier
=27.16 %*1.1412
=30.99 %

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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=67.11/216.5705
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (67.11 / 67.11) * (67.11 / 67.716) * (67.716 / 247.1595) * (247.1595 / 216.5705)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 99.11 % * 0.274 * 1.1412
=30.99 %

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


Schroderome Growth Fund ROE % Related Terms

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


Schroderome Growth Fund Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Income Growth Fund PLC is an investment trust engaged in the business of asset management. It manages assets of institutional and retail investors, financial institutions, and high net worth individuals. The company's objective is to provide growth of income by investing mainly in above average yielding UK equities, fixed income, multi-asset, alternatives and real estate asset classes. It invests across the markets with a focus on building a diversified portfolio within a risk-controlled framework and also consists of research, portfolio construction, and review/sell discipline stages.

Schroderome Growth Fund Headlines

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