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Winny Immigration and Education Services (NSE:WINNY) ROE % : 18.60% (As of Mar. 2024)


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What is Winny Immigration and Education Services ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Winny Immigration and Education Services's annualized net income for the quarter that ended in Mar. 2024 was ₹3.9 Mil. Winny Immigration and Education Services's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹21.1 Mil. Therefore, Winny Immigration and Education Services's annualized ROE % for the quarter that ended in Mar. 2024 was 18.60%.

The historical rank and industry rank for Winny Immigration and Education Services's ROE % or its related term are showing as below:

NSE:WINNY' s ROE % Range Over the Past 10 Years
Min: 18.6   Med: 121.5   Max: 273.01
Current: 18.6

During the past 3 years, Winny Immigration and Education Services's highest ROE % was 273.01%. The lowest was 18.60%. And the median was 121.50%.

NSE:WINNY's ROE % is ranked better than
77.96% of 1030 companies
in the Business Services industry
Industry Median: 8.55 vs NSE:WINNY: 18.60

Winny Immigration and Education Services ROE % Historical Data

The historical data trend for Winny Immigration and Education Services'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.

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Winny Immigration and Education Services ROE % Chart

Winny Immigration and Education Services Annual Data
Trend Mar22 Mar23 Mar24
ROE %
273.01 121.50 18.60

Winny Immigration and Education Services Semi-Annual Data
Mar22 Mar23 Mar24
ROE % 273.01 121.50 18.60

Competitive Comparison of Winny Immigration and Education Services's ROE %

For the Consulting Services subindustry, Winny Immigration and Education Services'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.


Winny Immigration and Education Services's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Winny Immigration and Education Services's ROE % distribution charts can be found below:

* The bar in red indicates where Winny Immigration and Education Services's ROE % falls into.



Winny Immigration and Education Services ROE % Calculation

Winny Immigration and Education Services'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 )
=3.927/( (19.146+23.072)/ 2 )
=3.927/21.109
=18.60 %

Winny Immigration and Education Services'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 )
=3.927/( (19.146+23.072)/ 2 )
=3.927/21.109
=18.60 %

* 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.


Winny Immigration and Education Services  (NSE:WINNY) 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
=3.927/21.109
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.927 / 101.393)*(101.393 / 54.2385)*(54.2385 / 21.109)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.87 %*1.8694*2.5694
=ROA %*Equity Multiplier
=7.23 %*2.5694
=18.60 %

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
=3.927/21.109
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.927 / 5.251) * (5.251 / 5.086) * (5.086 / 101.393) * (101.393 / 54.2385) * (54.2385 / 21.109)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7479 * 1.0324 * 5.02 % * 1.8694 * 2.5694
=18.60 %

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.


Winny Immigration and Education Services ROE % Related Terms

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Winny Immigration and Education Services Business Description

Traded in Other Exchanges
N/A
Address
C.G. Road, 103, 104, 1st Floor, ATP Arcade, Near National Handloom House, Above Mr Bean's Coffee Shop, Law Garden, Ahmedabad, GJ, IND, 380006
Winny Immigration and Education Services Ltd is mainly engaged in the business of providing services relating to immigration, visa, coaching, etc. The services offered by the company include training for visa interviews, travel assistance, preparation of visa applications, training in different languages, admissions to foreign universities, settlement and support, and documentation related to visa applications among others.

Winny Immigration and Education Services Headlines

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