Oman Flour Mills (MUS:OFMI) ROE %: 2.47% (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.56
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What is Oman Flour Mills ROE %?

Oman Flour Mills MUS:OFMI 72 ROE % is 2.47% as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Oman Flour Mills's annualized net income for the quarter that ended in Dec. 2023 was ر.ع1.8 Mil. Oman Flour Mills's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ر.ع72.2 Mil. Therefore, Oman Flour Mills's annualized ROE % for the quarter that ended in Dec. 2023 was 2.47%.

The historical rank and industry rank for Oman Flour Mills's ROE % or its related term are showing as below:

MUS:OFMI's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.72
* Ranked among companies with meaningful ROE % only.

Oman Flour Mills  (MUS:OFMI) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1.781/72.239
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.781 / 123.945)*(123.945 / 162.1945)*(162.1945 / 72.239)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.44 %*0.7642*2.2452
=ROA %*Equity Multiplier
=1.1 %*2.2452
=2.47 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1.781/72.239
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.781 / 1.863) * (1.863 / 5.947) * (5.947 / 123.945) * (123.945 / 162.1945) * (162.1945 / 72.239)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.956 * 0.3133 * 4.8 % * 0.7642 * 2.2452
=2.47 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 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.


Oman Flour Mills ROE % Related Terms


Oman Flour Mills ROE % Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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.

Oman Flour Mills ROE % Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.49 19.97 6.95 2.72 2.47

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 19.49 19.97 6.95 2.72 2.47

MUS:OFMI vs JBS, KHC, K: ROE % Comparison

For the Packaged Foods subindustry, Oman Flour Mills'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.


Oman Flour Mills ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Flour Mills's ROE % distribution charts can be found below:

* The bar in red indicates where Oman Flour Mills's ROE % falls into.


MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills ROE % Calculation

Oman Flour Mills'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 )
=1.781/( (72.301+72.177)/ 2 )
=1.781/72.239
=2.47 %

Oman Flour Mills's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1.781/( (72.301+72.177)/ 2 )
=1.781/72.239
=2.47 %

* 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 one times the annual (Dec. 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 2.47% mean?
Oman Flour Mills (MUS:OFMI) has a ROE % of 2.47% as of Dec. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' ROE % too high?
Oman Flour Mills' current ROE % is 2.47%. The Consumer Packaged Goods industry median ROE % is 6.72. Oman Flour Mills' value of 2.47% is 63.2% below this industry median. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' ROE % compare to JBS and KHC?
Oman Flour Mills' ROE % of 2.47% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROE % is 6.72. Oman Flour Mills' value of 2.47% is 63.2% below this benchmark. 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 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. Oman Flour Mills's current ROE % of 2.47% is 63.2% 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 Oman Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Flour Mills's current ROE % is 2.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current ROE % of 2.47%. The current ROE % is 2.47% and 63.2% below the Consumer Packaged Goods industry median of 6.72. Oman Flour Mills' overall GF Score™ is 72/100. 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 Oman Flour Mills (MUS:OFMI), the current ROE % is 2.47% as of Dec. 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.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

Get the complete analysis for MUS:OFMI

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.56
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