MYLKF (The Planting Hope Co) ROE %: 0.00% (As of Sep. 2023)


What is The Planting Hope Co ROE %?

The Planting Hope Co MYLKF -99.99% ROE % is 0.00% as of Sep. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Planting Hope Co's annualized net income for the quarter that ended in Sep. 2023 was $-10.85 Mil. The Planting Hope Co's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $-3.82 Mil. Therefore, The Planting Hope Co's annualized ROE % for the quarter that ended in Sep. 2023 was N/A%.

The historical rank and industry rank for The Planting Hope Co's ROE % or its related term are showing as below:

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

The Planting Hope Co  (OTCPK:MYLKF) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-10.848/-3.824
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.848 / 6.368)*(6.368 / 7.864)*(7.864 / -3.824)
=Net Margin %*Asset Turnover*Equity Multiplier
=-170.35 %*0.8098*N/A
=ROA %*Equity Multiplier
=-137.95 %*N/A
=N/A %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-10.848/-3.824
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-10.848 / -10.848) * (-10.848 / -9.532) * (-9.532 / 6.368) * (6.368 / 7.864) * (7.864 / -3.824)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1381 * -149.69 % * 0.8098 * N/A
=N/A %

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


The Planting Hope Co ROE % Related Terms


The Planting Hope Co ROE % Historical Data

* Premium members only.

The historical data trend for The Planting Hope Co'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.

The Planting Hope Co ROE % Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
ROE %
0.00 0.00

The Planting Hope Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -1,355.59 0.00 0.00

MYLKF vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, The Planting Hope Co'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.


The Planting Hope Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Planting Hope Co's ROE % distribution charts can be found below:

* The bar in red indicates where The Planting Hope Co's ROE % falls into.



The Planting Hope Co ROE % Calculation

The Planting Hope Co's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-7.806/( (-4.287+1.639)/ 2 )
=-7.806/-1.324
=N/A %

The Planting Hope Co's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-10.848/( (0+-3.824)/ 1 )
=-10.848/-3.824
=N/A %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
The Planting Hope Co (MYLKF) has a ROE % of 0.00% as of Sep. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on The Planting Hope Co and its competitors.
Is The Planting Hope Co's ROE % too high?
The Planting Hope Co's current ROE % is 0.00%.
How does The Planting Hope Co's ROE % compare to KHC and GIS?
The Planting Hope Co's ROE % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROE % is 6.72. 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. 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 The Planting Hope Co 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. The Planting Hope Co's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Planting Hope Co stock overvalued right now?
The Planting Hope Co (MYLKF) has a current ROE % of 0.00%. The current ROE % is 0.00%. 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 The Planting Hope Co (MYLKF), the current ROE % is 0.00% as of Sep. 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.

The Planting Hope Co Business Description

Address 725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.