GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pardee Resources Co Inc (OTCPK:PDER) » Definitions » ROE %

Pardee Resources Co (Pardee Resources Co) ROE % : 0.00% (As of . 20)


View and export this data going back to . Start your Free Trial

What is Pardee Resources Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pardee Resources Co's annualized net income for the quarter that ended in . 20 was $ Mil. Pardee Resources Co's average Total Stockholders Equity over the quarter that ended in . 20 was $ Mil. Therefore, Pardee Resources Co's annualized ROE % for the quarter that ended in . 20 was %.

The historical rank and industry rank for Pardee Resources Co's ROE % or its related term are showing as below:

PDER's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.7
* Ranked among companies with meaningful ROE % only.

Pardee Resources Co ROE % Historical Data

The historical data trend for Pardee Resources Co'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.

Pardee Resources Co ROE % Chart

Pardee Resources Co Annual Data
Trend
ROE %

Pardee Resources Co Quarterly Data
ROE %

Competitive Comparison of Pardee Resources Co's ROE %

For the Oil & Gas Equipment & Services subindustry, Pardee Resources Co'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.


Pardee Resources Co's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pardee Resources Co's ROE % distribution charts can be found below:

* The bar in red indicates where Pardee Resources Co's ROE % falls into.



Pardee Resources Co ROE % Calculation

Pardee Resources Co's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Pardee Resources Co's annualized ROE % for the quarter that ended in . 20 is calculated as

ROE %=Net Income (Q: . 20 )/( (Total Stockholders Equity (Q: . 20 )+Total Stockholders Equity (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Pardee Resources Co  (OTCPK:PDER) 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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*( / )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= ( / ) * ( / ) * ( / ) * ( / ) * ( / )
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= * * % * *
= %

Note: The net income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Pardee Resources Co ROE % Related Terms

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


Pardee Resources Co (Pardee Resources Co) Business Description

Traded in Other Exchanges
N/A
Address
1500 Chestnut Street, Suite 2, No 1950, Philadelphia, PA, USA, 19103
Pardee Resources Co. Inc. is a natural resources company that conducts its business through its subsidiaries principally in the timber, oil and gas, coal, agriculture, and alternative energy industries. The Company's subsidiaries own land, mineral rights, farmland, agriculture leases, and solar photovoltaic systems, principally in West Virginia, Virginia, Kentucky, Louisiana, Colorado, New Jersey, Texas, Arizona, California, and Portugal.

Pardee Resources Co (Pardee Resources Co) Headlines

From GuruFocus

Pardee Resources Company Announces Commencement of Tender Offer

By PRNewswire PRNewswire 08-17-2018

Pardee Announces Chief Financial Officer Succession

By PRNewswire PRNewswire 01-07-2022

Pardee Resources Company: Special Dividend

By PRNewswire PRNewswire 12-15-2022

Pardee Authorizes Share Repurchases

By PRNewswire PRNewswire 07-10-2019

Pardee Resources Company Announces Conclusion of Tender Offer

By PRNewswire PRNewswire 09-28-2018

Pardee Resources Company: Almond Agricultural Investment

By PRNewswire PRNewswire 11-30-2018

Pardee Resources Company: Special Dividend

By PRNewswire 12-15-2023

Pardee Resources Company: Special Dividend

By PRNewswire PRNewswire 12-18-2020