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Shivam Autotech (NSE:SHIVAMAUTO) ROE % : -139.87% (As of Dec. 2024)


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What is Shivam Autotech ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shivam Autotech's annualized net income for the quarter that ended in Dec. 2024 was ₹-474 Mil. Shivam Autotech's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was ₹339 Mil. Therefore, Shivam Autotech's annualized ROE % for the quarter that ended in Dec. 2024 was -139.87%.

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

NSE:SHIVAMAUTO' s ROE % Range Over the Past 10 Years
Min: -73.25   Med: -11.4   Max: 16.42
Current: -73.25

During the past 13 years, Shivam Autotech's highest ROE % was 16.42%. The lowest was -73.25%. And the median was -11.40%.

NSE:SHIVAMAUTO's ROE % is ranked worse than
97.18% of 1276 companies
in the Vehicles & Parts industry
Industry Median: 6.88 vs NSE:SHIVAMAUTO: -73.25

Shivam Autotech ROE % Historical Data

The historical data trend for Shivam Autotech'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.

Shivam Autotech ROE % Chart

Shivam Autotech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.13 -18.15 -12.77 -28.56 -62.67

Shivam Autotech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -73.94 -56.36 -74.35 -130.79 -139.87

Competitive Comparison of Shivam Autotech's ROE %

For the Auto Parts subindustry, Shivam Autotech'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.


Shivam Autotech's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shivam Autotech's ROE % distribution charts can be found below:

* The bar in red indicates where Shivam Autotech's ROE % falls into.


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Shivam Autotech ROE % Calculation

Shivam Autotech'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 )
=-501.856/( (1045.741+555.932)/ 2 )
=-501.856/800.8365
=-62.67 %

Shivam Autotech's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=-474.4/( (339.184+0)/ 1 )
=-474.4/339.184
=-139.87 %

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


Shivam Autotech  (NSE:SHIVAMAUTO) 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: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-474.4/339.184
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-474.4 / 4509.548)*(4509.548 / 5408.76)*(5408.76 / 339.184)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.52 %*0.8337*15.9464
=ROA %*Equity Multiplier
=-8.77 %*15.9464
=-139.87 %

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: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-474.4/339.184
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-474.4 / -450.516) * (-450.516 / 130.996) * (130.996 / 4509.548) * (4509.548 / 5408.76) * (5408.76 / 339.184)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.053 * -3.4392 * 2.9 % * 0.8337 * 15.9464
=-139.87 %

Note: The net income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Shivam Autotech ROE % Related Terms

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


Shivam Autotech Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 10, 1st Floor, Tower A, Sector 61, Emaar Digital Greens, Gurugram, HR, IND, 122102
Shivam Autotech Ltd is a manufacturer of transmission gears and shafts in India. The company produces a variety of auto transmission components mainly for Original Equipment Manufacturers (OEMs). Its product portfolio includes various types of transmission gears, transmission shafts, spline shafts, plungers, power train components, and employing cold. warm, and hot forging techniques. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.

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