GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Perfect Medical Health Management Ltd (OTCPK:PFSMF) » Definitions » ROE %

PFSMF (Perfect Medical Health Management) ROE % : 59.45% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Perfect Medical Health Management ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Perfect Medical Health Management's annualized net income for the quarter that ended in Sep. 2024 was $36.2 Mil. Perfect Medical Health Management's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $60.8 Mil. Therefore, Perfect Medical Health Management's annualized ROE % for the quarter that ended in Sep. 2024 was 59.45%.

The historical rank and industry rank for Perfect Medical Health Management's ROE % or its related term are showing as below:

PFSMF' s ROE % Range Over the Past 10 Years
Min: 19.84   Med: 46.91   Max: 61.89
Current: 58.46

During the past 13 years, Perfect Medical Health Management's highest ROE % was 61.89%. The lowest was 19.84%. And the median was 46.91%.

PFSMF's ROE % is ranked better than
96.8% of 625 companies
in the Healthcare Providers & Services industry
Industry Median: 4.7 vs PFSMF: 58.46

Perfect Medical Health Management ROE % Historical Data

The historical data trend for Perfect Medical Health Management'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.

Perfect Medical Health Management ROE % Chart

Perfect Medical Health Management 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 58.39 41.74 51.55 56.96 57.01

Perfect Medical Health Management Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 54.77 54.24 57.85 57.63 59.45

Competitive Comparison of Perfect Medical Health Management's ROE %

For the Medical Care Facilities subindustry, Perfect Medical Health Management'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.


Perfect Medical Health Management's ROE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Perfect Medical Health Management's ROE % distribution charts can be found below:

* The bar in red indicates where Perfect Medical Health Management's ROE % falls into.



Perfect Medical Health Management ROE % Calculation

Perfect Medical Health Management'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 )
=40.368/( (78.009+63.596)/ 2 )
=40.368/70.8025
=57.01 %

Perfect Medical Health Management's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=36.156/( (63.596+58.04)/ 2 )
=36.156/60.818
=59.45 %

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


Perfect Medical Health Management  (OTCPK:PFSMF) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=36.156/60.818
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(36.156 / 159.228)*(159.228 / 147.201)*(147.201 / 60.818)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.71 %*1.0817*2.4204
=ROA %*Equity Multiplier
=24.57 %*2.4204
=59.45 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=36.156/60.818
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (36.156 / 41.052) * (41.052 / 40.116) * (40.116 / 159.228) * (159.228 / 147.201) * (147.201 / 60.818)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8807 * 1.0233 * 25.19 % * 1.0817 * 2.4204
=59.45 %

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


Perfect Medical Health Management ROE % Related Terms

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


Perfect Medical Health Management Business Description

Traded in Other Exchanges
Address
8 Argyle Street, 51th Floor, Langham Place Office Tower, Mong Kok, Kowloon, Hong Kong, HKG
Perfect Medical Health Management Ltd is an investment holding company. Through its subsidiaries, it is engaged in the provision of healthcare and medical beauty services. It offers services such as pain management, hair growth, sleep therapy treatments, fertility care, preventive care, and others. Geographically, the company generates a majority of its revenue from Hong Kong and the rest from regions outside Hong Kong such as the People's Republic of China, Macau, Australia, and Singapore.

Perfect Medical Health Management Headlines

From GuruFocus

Perfect Shape Medical: Finding Growth Again

By Carlos Moreno CarlosMoreno 10-30-2018

Signs of Prudent Management

By Steven Chen 11-07-2021