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Rashi Peripherals (NSE:RPTECH) ROE % : 15.56% (As of Sep. 2024)


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What is Rashi Peripherals ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rashi Peripherals's annualized net income for the quarter that ended in Sep. 2024 was ₹2,499 Mil. Rashi Peripherals's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹16,057 Mil. Therefore, Rashi Peripherals's annualized ROE % for the quarter that ended in Sep. 2024 was 15.56%.

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

NSE:RPTECH' s ROE % Range Over the Past 10 Years
Min: 12.55   Med: 19.33   Max: 39.69
Current: 14.3

During the past 5 years, Rashi Peripherals's highest ROE % was 39.69%. The lowest was 12.55%. And the median was 19.33%.

NSE:RPTECH's ROE % is ranked better than
83.35% of 2390 companies
in the Hardware industry
Industry Median: 4.34 vs NSE:RPTECH: 14.30

Rashi Peripherals ROE % Historical Data

The historical data trend for Rashi Peripherals'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.

Rashi Peripherals ROE % Chart

Rashi Peripherals Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
15.07 39.69 37.56 19.33 12.55

Rashi Peripherals Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROE % Get a 7-Day Free Trial 24.55 15.04 20.70 11.19 15.56

Competitive Comparison of Rashi Peripherals's ROE %

For the Electronics & Computer Distribution subindustry, Rashi Peripherals'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.


Rashi Peripherals's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rashi Peripherals's ROE % distribution charts can be found below:

* The bar in red indicates where Rashi Peripherals's ROE % falls into.



Rashi Peripherals ROE % Calculation

Rashi Peripherals'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 )
=1412.21/( (7001.88+15505.84)/ 2 )
=1412.21/11253.86
=12.55 %

Rashi Peripherals's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=2498.88/( (15505.84+16607.64)/ 2 )
=2498.88/16056.74
=15.56 %

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


Rashi Peripherals  (NSE:RPTECH) 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. 2024 )
=Net Income/Total Stockholders Equity
=2498.88/16056.74
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2498.88 / 159465.04)*(159465.04 / 49646.99)*(49646.99 / 16056.74)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.57 %*3.212*3.092
=ROA %*Equity Multiplier
=5.04 %*3.092
=15.56 %

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. 2024 )
=Net Income/Total Stockholders Equity
=2498.88/16056.74
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2498.88 / 3111.7) * (3111.7 / 3534.88) * (3534.88 / 159465.04) * (159465.04 / 49646.99) * (49646.99 / 16056.74)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8031 * 0.8803 * 2.22 % * 3.212 * 3.092
=15.56 %

Note: The net income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Rashi Peripherals ROE % Related Terms

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Rashi Peripherals Business Description

Comparable Companies
Traded in Other Exchanges
Address
Corner of Telli Galli, Ariisto House, 5th Floor, Andheri East, Mumbai, MH, IND, 400069
Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

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