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Homesfy Realty (NSE:HOMESFY) ROE % : 7.17% (As of Mar. 2024)


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What is Homesfy Realty ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Homesfy Realty's annualized net income for the quarter that ended in Mar. 2024 was ₹27.2 Mil. Homesfy Realty's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹379.3 Mil. Therefore, Homesfy Realty's annualized ROE % for the quarter that ended in Mar. 2024 was 7.17%.

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

NSE:HOMESFY' s ROE % Range Over the Past 10 Years
Min: 7.17   Med: 20.93   Max: 43.78
Current: 7.17

During the past 5 years, Homesfy Realty's highest ROE % was 43.78%. The lowest was 7.17%. And the median was 20.93%.

NSE:HOMESFY's ROE % is ranked better than
69.46% of 1778 companies
in the Real Estate industry
Industry Median: 2.545 vs NSE:HOMESFY: 7.17

Homesfy Realty ROE % Historical Data

The historical data trend for Homesfy Realty'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.

Homesfy Realty ROE % Chart

Homesfy Realty Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
20.93 37.15 43.78 10.63 7.17

Homesfy Realty Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
ROE % 20.93 37.15 43.78 10.63 7.17

Competitive Comparison of Homesfy Realty's ROE %

For the Real Estate Services subindustry, Homesfy Realty'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.


Homesfy Realty's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Homesfy Realty's ROE % distribution charts can be found below:

* The bar in red indicates where Homesfy Realty's ROE % falls into.



Homesfy Realty ROE % Calculation

Homesfy Realty'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 )
=27.194/( (365.773+392.896)/ 2 )
=27.194/379.3345
=7.17 %

Homesfy Realty'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 )
=27.194/( (365.773+392.896)/ 2 )
=27.194/379.3345
=7.17 %

* 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.


Homesfy Realty  (NSE:HOMESFY) 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
=27.194/379.3345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.194 / 603.933)*(603.933 / 489.9775)*(489.9775 / 379.3345)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.5 %*1.2326*1.2917
=ROA %*Equity Multiplier
=5.55 %*1.2917
=7.17 %

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
=27.194/379.3345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (27.194 / 38.687) * (38.687 / 26.088) * (26.088 / 603.933) * (603.933 / 489.9775) * (489.9775 / 379.3345)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7029 * 1.4829 * 4.32 % * 1.2326 * 1.2917
=7.17 %

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.


Homesfy Realty ROE % Related Terms

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


Homesfy Realty (NSE:HOMESFY) Business Description

Traded in Other Exchanges
N/A
Address
1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Thane, MH, IND, 400601
Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services.

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