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Moxsh Overseas Educon (NSE:MOXSH) ROE % : 2.97% (As of Sep. 2023)


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What is Moxsh Overseas Educon ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Moxsh Overseas Educon's annualized net income for the quarter that ended in Sep. 2023 was ₹3.7 Mil. Moxsh Overseas Educon's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was ₹125.0 Mil. Therefore, Moxsh Overseas Educon's annualized ROE % for the quarter that ended in Sep. 2023 was 2.97%.

The historical rank and industry rank for Moxsh Overseas Educon's ROE % or its related term are showing as below:

NSE:MOXSH' s ROE % Range Over the Past 10 Years
Min: 9.24   Med: 48.08   Max: 120.43
Current: 9.24

During the past 4 years, Moxsh Overseas Educon's highest ROE % was 120.43%. The lowest was 9.24%. And the median was 48.08%.

NSE:MOXSH's ROE % is ranked better than
61.24% of 258 companies
in the Education industry
Industry Median: 5.725 vs NSE:MOXSH: 9.24

Moxsh Overseas Educon ROE % Historical Data

The historical data trend for Moxsh Overseas Educon'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.

Moxsh Overseas Educon ROE % Chart

Moxsh Overseas Educon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
ROE %
80.57 15.58 120.43 14.51

Moxsh Overseas Educon Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
ROE % Get a 7-Day Free Trial - - 5.08 15.63 2.97

Competitive Comparison of Moxsh Overseas Educon's ROE %

For the Education & Training Services subindustry, Moxsh Overseas Educon'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.


Moxsh Overseas Educon's ROE % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's ROE % distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's ROE % falls into.



Moxsh Overseas Educon ROE % Calculation

Moxsh Overseas Educon's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=10.07/( (14.722+124.047)/ 2 )
=10.07/69.3845
=14.51 %

Moxsh Overseas Educon's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=3.706/( (124.047+125.9)/ 2 )
=3.706/124.9735
=2.97 %

* 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 two times the semi-annual (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Moxsh Overseas Educon  (NSE:MOXSH) 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. 2023 )
=Net Income/Total Stockholders Equity
=3.706/124.9735
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.706 / 157.124)*(157.124 / 160.3385)*(160.3385 / 124.9735)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.36 %*0.98*1.283
=ROA %*Equity Multiplier
=2.31 %*1.283
=2.97 %

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. 2023 )
=Net Income/Total Stockholders Equity
=3.706/124.9735
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.706 / 5.122) * (5.122 / 7.754) * (7.754 / 157.124) * (157.124 / 160.3385) * (160.3385 / 124.9735)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7235 * 0.6606 * 4.93 % * 0.98 * 1.283
=2.97 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Moxsh Overseas Educon ROE % Related Terms

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Moxsh Overseas Educon (NSE:MOXSH) Business Description

Traded in Other Exchanges
N/A
Address
Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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