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Future Enterprises (NSE:FEL) ROE % : 0.00% (As of Mar. 2022)


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What is Future Enterprises ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Future Enterprises's annualized net income for the quarter that ended in Mar. 2022 was ₹-81,598 Mil. Future Enterprises's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was ₹-2,626 Mil. Therefore, Future Enterprises's annualized ROE % for the quarter that ended in Mar. 2022 was N/A%.

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

NSE:FEL's ROE % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 5.4
* Ranked among companies with meaningful ROE % only.

Future Enterprises ROE % Historical Data

The historical data trend for Future Enterprises'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.

Future Enterprises ROE % Chart

Future Enterprises Annual Data
Trend Jun11 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 3.69 -8.53 -35.11 -243.05

Future Enterprises Quarterly Data
Mar15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -41.33 -44.88 -46.71 -46.62 -

Competitive Comparison of Future Enterprises's ROE %

For the Department Stores subindustry, Future Enterprises'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.


Future Enterprises's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Future Enterprises's ROE % distribution charts can be found below:

* The bar in red indicates where Future Enterprises's ROE % falls into.



Future Enterprises ROE % Calculation

Future Enterprises's annualized ROE % for the fiscal year that ended in Mar. 2022 is calculated as

ROE %=Net Income (A: Mar. 2022 )/( (Total Stockholders Equity (A: Mar. 2021 )+Total Stockholders Equity (A: Mar. 2022 ))/ count )
=-28774.3/( (26303.8+-2625.7)/ 2 )
=-28774.3/11839.05
=-243.05 %

Future Enterprises's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=-81598.4/( (0+-2625.7)/ 1 )
=-81598.4/-2625.7
=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 (Mar. 2022) 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.


Future Enterprises  (NSE:FEL) 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. 2022 )
=Net Income/Total Stockholders Equity
=-81598.4/-2625.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-81598.4 / 18953.6)*(18953.6 / 84377.4)*(84377.4 / -2625.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=-430.52 %*0.2246*N/A
=ROA %*Equity Multiplier
=-96.69 %*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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-81598.4/-2625.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-81598.4 / -91835.2) * (-91835.2 / -18570.4) * (-18570.4 / 18953.6) * (18953.6 / 84377.4) * (84377.4 / -2625.7)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8885 * 4.9452 * -97.98 % * 0.2246 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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.


Future Enterprises ROE % Related Terms

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Future Enterprises (NSE:FEL) Business Description

Traded in Other Exchanges
N/A
Address
Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083
Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.

Future Enterprises (NSE:FEL) Headlines

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