GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » The Philodrill Corp (PHS:OV) » Definitions » ROE %

The Philodrill (PHS:OV) ROE % : -0.23% (As of Sep. 2024)


View and export this data going back to 1969. Start your Free Trial

What is The Philodrill ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Philodrill's annualized net income for the quarter that ended in Sep. 2024 was ₱-6.1 Mil. The Philodrill's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₱2,665.9 Mil. Therefore, The Philodrill's annualized ROE % for the quarter that ended in Sep. 2024 was -0.23%.

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

PHS:OV' s ROE % Range Over the Past 10 Years
Min: -11.91   Med: -0.73   Max: 11.49
Current: -1.32

During the past 13 years, The Philodrill's highest ROE % was 11.49%. The lowest was -11.91%. And the median was -0.73%.

PHS:OV's ROE % is ranked worse than
66.77% of 990 companies
in the Oil & Gas industry
Industry Median: 6.385 vs PHS:OV: -1.32

The Philodrill ROE % Historical Data

The historical data trend for The Philodrill'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.

The Philodrill ROE % Chart

The Philodrill Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.94 -8.12 1.21 -11.91 -1.27

The Philodrill Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3.43 -9.69 2.41 2.28 -0.23

Competitive Comparison of The Philodrill's ROE %

For the Oil & Gas E&P subindustry, The Philodrill'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.


The Philodrill's ROE % Distribution in the Oil & Gas Industry

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

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



The Philodrill ROE % Calculation

The Philodrill'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 )
=-33.878/( (2686.866+2640.016)/ 2 )
=-33.878/2663.441
=-1.27 %

The Philodrill's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-6.144/( (2668.093+2663.748)/ 2 )
=-6.144/2665.9205
=-0.23 %

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


The Philodrill  (PHS:OV) 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
=-6.144/2665.9205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.144 / 152.832)*(152.832 / 2742.481)*(2742.481 / 2665.9205)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.02 %*0.0557*1.0287
=ROA %*Equity Multiplier
=-0.22 %*1.0287
=-0.23 %

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
=-6.144/2665.9205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.144 / 0.292) * (0.292 / -51.36) * (-51.36 / 152.832) * (152.832 / 2742.481) * (2742.481 / 2665.9205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -21.0411 * -0.0057 * -33.61 % * 0.0557 * 1.0287
=-0.23 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (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.


The Philodrill ROE % Related Terms

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


The Philodrill Business Description

Traded in Other Exchanges
N/A
Address
125 Pioneer Street, 8th Floor, Quad Alpha Centrum Building, Mandaluyong, PHL, 1550
The Philodrill Corp is engaged in oil exploration and production. It is also an investment holding company with investments in financial services, mining, petroleum exploration and production, and property development. Its active petroleum projects cover production and exploration areas in offshore Palawan and onshore Mindoro under various service contracts with the Philippine government through the Department of Energy. The company's service contracts include SC6A - Octon Area, SC6B - Bonita Block, SC14B - Matinloc and SC14C1 - Galoc.

The Philodrill Headlines

No Headlines