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MAMA (Mama`s Creations) ROE % : 21.54% (As of Jul. 2024)


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What is Mama`s Creations ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mama`s Creations's annualized net income for the quarter that ended in Jul. 2024 was $4.6 Mil. Mama`s Creations's average Total Stockholders Equity over the quarter that ended in Jul. 2024 was $21.3 Mil. Therefore, Mama`s Creations's annualized ROE % for the quarter that ended in Jul. 2024 was 21.54%.

The historical rank and industry rank for Mama`s Creations's ROE % or its related term are showing as below:

MAMA' s ROE % Range Over the Past 10 Years
Min: -252.12   Med: 40.88   Max: Negative Equity
Current: 26.66

During the past 13 years, Mama`s Creations's highest ROE % was Negative Equity%. The lowest was -252.12%. And the median was 40.88%.

MAMA's ROE % is ranked better than
90.6% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 6.8 vs MAMA: 26.66

Mama`s Creations ROE % Historical Data

The historical data trend for Mama`s Creations'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.

Mama`s Creations ROE % Chart

Mama`s Creations Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity 93.37 -3.07 22.34 40.88

Mama`s Creations Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 46.82 47.62 30.01 11.08 21.54

Competitive Comparison of Mama`s Creations's ROE %

For the Packaged Foods subindustry, Mama`s Creations'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.


Mama`s Creations's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mama`s Creations's ROE % distribution charts can be found below:

* The bar in red indicates where Mama`s Creations's ROE % falls into.



Mama`s Creations ROE % Calculation

Mama`s Creations's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=6.561/( (12.515+19.581)/ 2 )
=6.561/16.048
=40.88 %

Mama`s Creations's annualized ROE % for the quarter that ended in Jul. 2024 is calculated as

ROE %=Net Income (Q: Jul. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Jul. 2024 ))/ count )
=4.592/( (20.346+22.297)/ 2 )
=4.592/21.3215
=21.54 %

* 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 four times the quarterly (Jul. 2024) net income data. ROE % is displayed in the 30-year financial page.


Mama`s Creations  (NAS:MAMA) 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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=4.592/21.3215
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.592 / 113.528)*(113.528 / 45.0945)*(45.0945 / 21.3215)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.04 %*2.5176*2.115
=ROA %*Equity Multiplier
=10.17 %*2.115
=21.54 %

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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=4.592/21.3215
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.592 / 6.196) * (6.196 / 6.448) * (6.448 / 113.528) * (113.528 / 45.0945) * (45.0945 / 21.3215)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7411 * 0.9609 * 5.68 % * 2.5176 * 2.115
=21.54 %

Note: The net income data used here is four times the quarterly (Jul. 2024) net income data. The Revenue data used here is four times the quarterly (Jul. 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.


Mama`s Creations ROE % Related Terms

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


Mama`s Creations Business Description

Traded in Other Exchanges
N/A
Address
25 Branca Road, East Rutherford, NJ, USA, 07073
Mama`s Creations Inc is a marketer and manufacturer of fresh deli-prepared foods, found in over 8,400 grocery, mass, club, and convenience stores nationally. The company's broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high-quality, fresh, clean, and easy-to-prepare foods to address the needs of both consumers and retailers.
Executives
Adam Laurance Michaels director, officer: Chief Executive Officer 34 HASTINGS DRIVE, TENAFLY NJ 07670
Matthew Brown director, 10 percent owner, officer: President 454 TILLOU ROAD, SOUTH ORANGE NJ 07079
Shirley Romig director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Meghan Henson director RADNOR CORPORATE CENTER, BUILDING ONE, SUITE 200, 100 MATSONFORD ROAD, RADNOR PA 19087
Anthony Gruber officer: Chief Financial Officer 25 BRANCA ROAD, EAST RUTHERFORD NJ 07073
Haley Patrick Connor director 640 TAYLOR STREET, SUITE 2522, FORT WORTH TX 76102
David Mcguire director 10599 WILSHIRE BLVD. SUITE 307, LOS ANGELES CA 90024
Dean Janeway director, officer: Vice-President 164 SUNSET LANE, MANTOLOKING NJ 08738
Carl T Wolf director, 10 percent owner, officer: Chief Executive Officer 627 INWOOD LANE, SOUTH ORANGE NJ 07079
Steven R. Burns director 635 PROSPECT STREET, MAPLEWOOD NJ 07040
Daniel Joseph Altobello director 6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Thomas G. Toto director 34 BOURBON STREET, WAYNE NJ 07079
Lewis H Ochs officer: Vice-President of Finance 5102 CHESTERWOOD WAY, SOMERSET NJ 08873
Alfred D'agostino director 133 CUMBERLAND COURT, PARAMUS NJ 07652