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Brand Concepts (NSE:BCONCEPTS) ROE % : 8.57% (As of Mar. 2024)


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What is Brand Concepts ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Brand Concepts's annualized net income for the quarter that ended in Mar. 2024 was ₹48 Mil. Brand Concepts's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹558 Mil. Therefore, Brand Concepts's annualized ROE % for the quarter that ended in Mar. 2024 was 8.57%.

The historical rank and industry rank for Brand Concepts's ROE % or its related term are showing as below:

NSE:BCONCEPTS' s ROE % Range Over the Past 10 Years
Min: -30.43   Med: 16.94   Max: Negative Equity
Current: 24.28

During the past 12 years, Brand Concepts's highest ROE % was Negative Equity%. The lowest was -30.43%. And the median was 16.94%.

NSE:BCONCEPTS's ROE % is ranked better than
91.23% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.33 vs NSE:BCONCEPTS: 24.28

Brand Concepts ROE % Historical Data

The historical data trend for Brand Concepts'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.

Brand Concepts ROE % Chart

Brand Concepts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.44 -30.43 3.51 42.62 26.08

Brand Concepts Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.32 44.66 28.55 23.20 8.57

Competitive Comparison of Brand Concepts's ROE %

For the Footwear & Accessories subindustry, Brand Concepts'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.


Brand Concepts's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Brand Concepts's ROE % distribution charts can be found below:

* The bar in red indicates where Brand Concepts's ROE % falls into.



Brand Concepts ROE % Calculation

Brand Concepts's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=108.785/( (276.258+557.909)/ 2 )
=108.785/417.0835
=26.08 %

Brand Concepts's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=47.828/( (0+557.909)/ 1 )
=47.828/557.909
=8.57 %

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


Brand Concepts  (NSE:BCONCEPTS) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=47.828/557.909
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(47.828 / 2324.528)*(2324.528 / 1610.515)*(1610.515 / 557.909)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.06 %*1.4433*2.8867
=ROA %*Equity Multiplier
=2.97 %*2.8867
=8.57 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=47.828/557.909
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (47.828 / 68.604) * (68.604 / 126.624) * (126.624 / 2324.528) * (2324.528 / 1610.515) * (1610.515 / 557.909)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6972 * 0.5418 * 5.45 % * 1.4433 * 2.8867
=8.57 %

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


Brand Concepts ROE % Related Terms

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


Brand Concepts (NSE:BCONCEPTS) Business Description

Traded in Other Exchanges
Address
140/2/2, Ring Road Square, Musakhedi, Indore, MP, IND, 452001
Brand Concepts Ltd is an Indian company engaged in Trading of Travel Bags and accessories. It offers products such as luggage trolleys, backpacks, small leather goods like belts, clutches, and wallets for both men and women, women's handbags, and lifestyle accessories. The company sells its products through Myntra Jabong India Pvt. Ltd. and Shoppers Stop Ltd. The company has one reportable segment i.e. "Trading of Travel Bags and Accessories".

Brand Concepts (NSE:BCONCEPTS) Headlines

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