Jain Studios (NSE:JAINSTUDIO) ROE %: -4.90% (As of Sep. 2019)


NSE:JAINSTUDIO Jain Studios Ltd NSE:JAINSTUDIO
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What is Jain Studios ROE %?

Jain Studios NSE:JAINSTUDIO 4 ROE % is -4.90% as of Sep. 2019. GuruFocus rates NSE:JAINSTUDIO with a GF Score™ of 4/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jain Studios's annualized net income for the quarter that ended in Sep. 2019 was ₹-17.06 Mil. Jain Studios's average Total Stockholders Equity over the quarter that ended in Sep. 2019 was ₹347.99 Mil. Therefore, Jain Studios's annualized ROE % for the quarter that ended in Sep. 2019 was -4.90%.

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

NSE:JAINSTUDIO's ROE % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.47
* Ranked among companies with meaningful ROE % only.

Jain Studios  (NSE:JAINSTUDIO) 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. 2019 )
=Net Income/Total Stockholders Equity
=-17.06/347.992
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-17.06 / 0)*(0 / 675.742)*(675.742 / 347.992)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.9418
=ROA %*Equity Multiplier
=N/A %*1.9418
=-4.90 %

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. 2019 )
=Net Income/Total Stockholders Equity
=-17.06/347.992
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-17.06 / -17.06) * (-17.06 / -16.804) * (-16.804 / 0) * (0 / 675.742) * (675.742 / 347.992)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0152 * N/A % * 0 * 1.9418
=-4.90 %

Note: The net income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.


Jain Studios ROE % Related Terms


Jain Studios ROE % Historical Data

* Premium members only.

The historical data trend for Jain Studios'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.

Jain Studios ROE % Chart

Jain Studios Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.82 -2.24 1.15 -3.13 -3.30

Jain Studios Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -5.82 -4.79 2.25 -5.03 -4.90

NSE:JAINSTUDIO vs SIRI, FOXA, LSXMA: ROE % Comparison

For the Broadcasting subindustry, Jain Studios'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.


Jain Studios ROE % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jain Studios's ROE % distribution charts can be found below:

* The bar in red indicates where Jain Studios's ROE % falls into.


NSE:JAINSTUDIO
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Jain Studios Ltd NSE:JAINSTUDIO
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Jain Studios ROE % Calculation

Jain Studios's annualized ROE % for the fiscal year that ended in Mar. 2019 is calculated as

ROE %=Net Income (A: Mar. 2019 )/( (Total Stockholders Equity (A: Mar. 2018 )+Total Stockholders Equity (A: Mar. 2019 ))/ count )
=-11.952/( (368.695+356.744)/ 2 )
=-11.952/362.7195
=-3.30 %

Jain Studios's annualized ROE % for the quarter that ended in Sep. 2019 is calculated as

ROE %=Net Income (Q: Sep. 2019 )/( (Total Stockholders Equity (Q: Jun. 2019 )+Total Stockholders Equity (Q: Sep. 2019 ))/ count )
=-17.06/( (0+347.992)/ 1 )
=-17.06/347.992
=-4.90 %

* 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. 2019) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -4.90% mean?
Jain Studios (NSE:JAINSTUDIO) has a ROE % of -4.90% as of Sep. 2019. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Jain Studios and its competitors.
Is Jain Studios' ROE % too high?
Jain Studios' current ROE % is -4.90%. Overall, Jain Studios has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jain Studios' ROE % compare to SIRI and FOXA?
Jain Studios' ROE % of -4.90% can be compared against companies in the Media - Diversified industry. The industry median ROE % is 2.47. 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 951 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 Jain Studios and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jain Studios's current ROE % is -4.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Studios stock overvalued right now?
Jain Studios (NSE:JAINSTUDIO) has a current ROE % of -4.90%. The current ROE % is -4.90%. Jain Studios' overall GF Score™ is 4/100. 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 Jain Studios (NSE:JAINSTUDIO), the current ROE % is -4.90% as of Sep. 2019. 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.

Jain Studios Business Description

Address Scindia Villa, Sarojini Nagar, Ring Road, New Delhi, IND, 110023
Jain Studios Ltd is a media company engaged in broadcasting. It is engaged in marketing, production & broadcasting of television programmes. The company's other services include education infrastructure & technology; teleport; and production and distribution of cinema photographic film and mobile healthcare. It operates a 24-hour News and Current Affairs Channel under the brand name JAIN Television.
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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