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Everfuel AS (OSL:EFUEL) ROE % : -67.51% (As of Dec. 2023)


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What is Everfuel AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Everfuel AS's annualized net income for the quarter that ended in Dec. 2023 was kr-482.40 Mil. Everfuel AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was kr714.54 Mil. Therefore, Everfuel AS's annualized ROE % for the quarter that ended in Dec. 2023 was -67.51%.

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

OSL:EFUEL' s ROE % Range Over the Past 10 Years
Min: -49.47   Med: -22.26   Max: -3.84
Current: -41.48

During the past 7 years, Everfuel AS's highest ROE % was -3.84%. The lowest was -49.47%. And the median was -22.26%.

OSL:EFUEL's ROE % is ranked worse than
95.76% of 1532 companies
in the Chemicals industry
Industry Median: 5.27 vs OSL:EFUEL: -41.48

Everfuel AS ROE % Historical Data

The historical data trend for Everfuel AS'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.

Everfuel AS ROE % Chart

Everfuel AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -42.54 -3.84 -12.78 -25.05 -49.47

Everfuel AS Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -31.18 -37.38 -24.65 -34.39 -67.51

Competitive Comparison of Everfuel AS's ROE %

For the Specialty Chemicals subindustry, Everfuel AS'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.


Everfuel AS's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Everfuel AS's ROE % distribution charts can be found below:

* The bar in red indicates where Everfuel AS's ROE % falls into.



Everfuel AS ROE % Calculation

Everfuel AS's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-316.344/( (620.73+658.135)/ 2 )
=-316.344/639.4325
=-49.47 %

Everfuel AS's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-482.396/( (770.942+658.135)/ 2 )
=-482.396/714.5385
=-67.51 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


Everfuel AS  (OSL:EFUEL) 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. 2023 )
=Net Income/Total Stockholders Equity
=-482.396/714.5385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-482.396 / 35.204)*(35.204 / 1344.0265)*(1344.0265 / 714.5385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1370.29 %*0.0262*1.881
=ROA %*Equity Multiplier
=-35.9 %*1.881
=-67.51 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-482.396/714.5385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-482.396 / -488.332) * (-488.332 / -502.964) * (-502.964 / 35.204) * (35.204 / 1344.0265) * (1344.0265 / 714.5385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9878 * 0.9709 * -1428.71 % * 0.0262 * 1.881
=-67.51 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Everfuel AS ROE % Related Terms

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


Everfuel AS (OSL:EFUEL) Business Description

Traded in Other Exchanges
Address
Ost Hogildvej 4A, Herning, DNK, 7400
Everfuel AS owns and operates green hydrogen infrastructure and partners with vehicle OEMs to connect the entire hydrogen value chain and provide hydrogen fuel to enterprise customers under long-term contracts. The company operates hydrogen production (electrolyzers), hydrogen distribution, and hydrogen stations, serving mobility customers and industrial stakeholders with hydrogen on competitive, commercial terms. It offers all-inclusive hydrogen fueling solutions to buses, trucks, and taxis and delivery to vans, trains, private cars, and marine, as well as for industry stakeholders working with alternative hydrogen-based green fuels and Power to X-products.

Everfuel AS (OSL:EFUEL) Headlines

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