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Brace Port Logistics (NSE:BRACEPORT) ROE % : 43.19% (As of Mar. 2024)


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What is Brace Port Logistics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Brace Port Logistics's annualized net income for the quarter that ended in Mar. 2024 was ₹48.9 Mil. Brace Port Logistics's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹113.3 Mil. Therefore, Brace Port Logistics's annualized ROE % for the quarter that ended in Mar. 2024 was 43.19%.

The historical rank and industry rank for Brace Port Logistics's ROE % or its related term are showing as below:

NSE:BRACEPORT' s ROE % Range Over the Past 10 Years
Min: 23.13   Med: 68.85   Max: 124.59
Current: 43.19

During the past 4 years, Brace Port Logistics's highest ROE % was 124.59%. The lowest was 23.13%. And the median was 68.85%.

NSE:BRACEPORT's ROE % is ranked better than
94.36% of 957 companies
in the Transportation industry
Industry Median: 8.7 vs NSE:BRACEPORT: 43.19

Brace Port Logistics ROE % Historical Data

The historical data trend for Brace Port Logistics'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.

Brace Port Logistics ROE % Chart

Brace Port Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROE %
23.13 124.59 94.51 43.19

Brace Port Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
ROE % 23.13 124.59 94.51 43.19

Competitive Comparison of Brace Port Logistics's ROE %

For the Integrated Freight & Logistics subindustry, Brace Port Logistics'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.


Brace Port Logistics's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Brace Port Logistics's ROE % distribution charts can be found below:

* The bar in red indicates where Brace Port Logistics's ROE % falls into.


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Brace Port Logistics ROE % Calculation

Brace Port Logistics'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 )
=48.913/( (88.805+137.718)/ 2 )
=48.913/113.2615
=43.19 %

Brace Port Logistics's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=48.913/( (88.805+137.718)/ 2 )
=48.913/113.2615
=43.19 %

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


Brace Port Logistics  (NSE:BRACEPORT) 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
=48.913/113.2615
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(48.913 / 550.043)*(550.043 / 204.7035)*(204.7035 / 113.2615)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.89 %*2.687*1.8074
=ROA %*Equity Multiplier
=23.89 %*1.8074
=43.19 %

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
=48.913/113.2615
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (48.913 / 66.112) * (66.112 / 64.971) * (64.971 / 550.043) * (550.043 / 204.7035) * (204.7035 / 113.2615)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7399 * 1.0176 * 11.81 % * 2.687 * 1.8074
=43.19 %

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


Brace Port Logistics ROE % Related Terms

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Brace Port Logistics Business Description

Traded in Other Exchanges
N/A
Address
5, Road No 4, A-182, Mahipalpur Extension, South Delhi, Mahipalpur, New Delhi, IND, 110037
Brace Port Logistics Ltd is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to clients operating in the various sectors of the economy. It also provides various value-added services like Air Freight, Warehousing facilities, special cargo services, and custom clearance services.

Brace Port Logistics Headlines

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