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Millenniumpthorne Hotels New Zealand (NZSE:MCK) ROE % : 5.37% (As of Dec. 2024)


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What is Millenniumpthorne Hotels New Zealand ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Millenniumpthorne Hotels New Zealand's annualized net income for the quarter that ended in Dec. 2024 was NZ$29.0 Mil. Millenniumpthorne Hotels New Zealand's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was NZ$540.0 Mil. Therefore, Millenniumpthorne Hotels New Zealand's annualized ROE % for the quarter that ended in Dec. 2024 was 5.37%.

The historical rank and industry rank for Millenniumpthorne Hotels New Zealand's ROE % or its related term are showing as below:

NZSE:MCK' s ROE % Range Over the Past 10 Years
Min: 0.5   Med: 6.34   Max: 9.21
Current: 0.51

During the past 13 years, Millenniumpthorne Hotels New Zealand's highest ROE % was 9.21%. The lowest was 0.50%. And the median was 6.34%.

NZSE:MCK's ROE % is ranked worse than
68.49% of 787 companies
in the Travel & Leisure industry
Industry Median: 5.98 vs NZSE:MCK: 0.51

Millenniumpthorne Hotels New Zealand ROE % Historical Data

The historical data trend for Millenniumpthorne Hotels New Zealand'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.

Millenniumpthorne Hotels New Zealand ROE % Chart

Millenniumpthorne Hotels New Zealand Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 6.37 4.15 4.00 0.50

Millenniumpthorne Hotels New Zealand Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 2.39 2.32 5.71 -4.35 5.37

Competitive Comparison of Millenniumpthorne Hotels New Zealand's ROE %

For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.


Millenniumpthorne Hotels New Zealand's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's ROE % distribution charts can be found below:

* The bar in red indicates where Millenniumpthorne Hotels New Zealand's ROE % falls into.



Millenniumpthorne Hotels New Zealand ROE % Calculation

Millenniumpthorne Hotels New Zealand's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=2.762/( (547.916+547.915)/ 2 )
=2.762/547.9155
=0.50 %

Millenniumpthorne Hotels New Zealand's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=29.018/( (532.021+547.915)/ 2 )
=29.018/539.968
=5.37 %

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


Millenniumpthorne Hotels New Zealand  (NZSE:MCK) 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
=29.018/539.968
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.018 / 181.73)*(181.73 / 750.394)*(750.394 / 539.968)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.97 %*0.2422*1.3897
=ROA %*Equity Multiplier
=3.87 %*1.3897
=5.37 %

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
=29.018/539.968
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (29.018 / 51.094) * (51.094 / 36.614) * (36.614 / 181.73) * (181.73 / 750.394) * (750.394 / 539.968)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5679 * 1.3955 * 20.15 % * 0.2422 * 1.3897
=5.37 %

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


Millenniumpthorne Hotels New Zealand ROE % Related Terms

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Millenniumpthorne Hotels New Zealand Business Description

Traded in Other Exchanges
Address
23 Customs Street East, Victoria Street West, Level 7, PO Box 5640,, Auckland, NZL, 1142
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The group is also involved in the residential development and sale of land in New Zealand and the development and sale of residential units in Australia. The operating segments of the group are Hotel operations which comprise income from the ownership and management of hotels; Residential land development, comprising the development and sale of land; Residential and commercial property development, comprising the development and sale of residential apartments; Investment property comprising rental income from warehouses. The majority of the revenue is generated from the Hotel operations segment. The company operates in the geographical areas of New Zealand and Australia.