MEIL (Methes Energies International) ROE %: -4.39% (As of Aug. 2023)

What is Methes Energies International ROE %?

Methes Energies International MEIL ROE % is -4.39% as of Aug. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Methes Energies International's annualized net income for the quarter that ended in Aug. 2023 was $-0.25 Mil. Methes Energies International's average Total Stockholders Equity over the quarter that ended in Aug. 2023 was $5.74 Mil. Therefore, Methes Energies International's annualized ROE % for the quarter that ended in Aug. 2023 was -4.39%.

The historical rank and industry rank for Methes Energies International's ROE % or its related term are showing as below:

MEIL's ROE % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.65
* Ranked among companies with meaningful ROE % only.

Methes Energies International (OTCPK:MEIL) 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. 2023 )
=	Net Income	/	Total Stockholders Equity
=	-0.252	/	5.741
=	(Net Income / Revenue )	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.252 / 0)	*	(0 / 7.0785)	*	(7.0785 / 5.741)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	N/A %	*	0	*	1.233
=	ROA %	*	Equity Multiplier
=	N/A %	*	1.233
=	-4.39 %

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. 2023 )
=	Net Income	/	Total Stockholders Equity
=	-0.252	/	5.741
=	(Net Income / Pre-Tax Income)	*	(Pre-Tax Income / Operating Income)	*	(Operating Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.252 / -0.252)	*	(-0.252 / -0.192)	*	(-0.192 / 0)	*	(0 / 7.0785)	*	(7.0785 / 5.741)
=	Tax Burden	*	Interest Burden	*	Operating Margin %	*	Asset Turnover	*	Equity Multiplier
=	1	*	1.3125	*	N/A %	*	0	*	1.233
=	-4.39 %

Note: The net income data used here is four times the quarterly (Aug. 2023) net income data. The Revenue data used here is four times the quarterly (Aug. 2023) 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.

Methes Energies International ROE % Related Terms

Methes Energies International ROE % Historical Data

* Premium members only.

The historical data trend for Methes Energies International's ROE % can be seen below:

Methes Energies International ROE % Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

ROE %

-53.93

-22.63

-71.59

-133.82

-185.83

Methes Energies International Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	May23	Aug23
ROE %	Get a 7-Day Free Trial															-94.98	-81.00	0.00	0.00	-4.39

MEIL vs PARG, WWSG, BBOE: ROE % Comparison

For the Shell Companies subindustry, Methes Energies International'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.

Methes Energies International ROE % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's ROE % distribution charts can be found below:

* The bar in red indicates where Methes Energies International's ROE % falls into.

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Methes Energies International ROE % Calculation

Methes Energies International's annualized ROE % for the fiscal year that ended in Nov. 2014 is calculated as

ROE %	=	Net Income (A: Nov. 2014 )	/	( (Total Stockholders Equity (A: Nov. 2013 )	+	Total Stockholders Equity (A: Nov. 2014 ))	/ count )
	=	-6.306	/	( (2.648	+	4.139)	/ 2 )
	=	-6.306	/	3.3935
	=	-185.83 %

Methes Energies International's annualized ROE % for the quarter that ended in Aug. 2023 is calculated as

ROE %	=	Net Income (Q: Aug. 2023 )	/	( (Total Stockholders Equity (Q: May. 2023 )	+	Total Stockholders Equity (Q: Aug. 2023 ))	/ count )
	=	-0.252	/	( (5.749	+	5.733)	/ 2 )
	=	-0.252	/	5.741
	=	-4.39 %

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 (Aug. 2023) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →

What does a ROE % of -4.39% mean?

Methes Energies International (MEIL) has a ROE % of -4.39% as of Aug. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Methes Energies International and its competitors.

Is Methes Energies International's ROE % too high?

Methes Energies International's current ROE % is -4.39%.

How does Methes Energies International's ROE % compare to PARG and WWSG?

Methes Energies International's ROE % of -4.39% can be compared against companies in the Diversified Financial Services industry. The industry median ROE % is 1.65. 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 Diversified Financial Services company?

The median ROE % among Diversified Financial Services companies is 1.65, based on 487 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. 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 Methes Energies International and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methes Energies International's current ROE % is -4.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Methes Energies International stock overvalued right now?

Methes Energies International (MEIL) has a current ROE % of -4.39%. The current ROE % is -4.39%. 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 Methes Energies International (MEIL), the current ROE % is -4.39% as of Aug. 2023. 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.

Methes Energies International Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies PARG WWSG BBOE BISA SVAD STRG MMNT MYCB NICH KSSH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747

Website https://www.methes.com

Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.