GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » ROE %

SSPPF (SSP Group) ROE % : 36.98% (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is SSP Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SSP Group's annualized net income for the quarter that ended in Sep. 2024 was $100 Mil. SSP Group's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $271 Mil. Therefore, SSP Group's annualized ROE % for the quarter that ended in Sep. 2024 was 36.98%.

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

SSPPF' s ROE % Range Over the Past 10 Years
Min: -192.93   Med: 16.7   Max: 36.03
Current: 12.77

During the past 13 years, SSP Group's highest ROE % was 36.03%. The lowest was -192.93%. And the median was 16.70%.

SSPPF's ROE % is ranked better than
63.19% of 326 companies
in the Restaurants industry
Industry Median: 7.475 vs SSPPF: 12.77

SSP Group ROE % Historical Data

The historical data trend for SSP Group'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.

SSP Group ROE % Chart

SSP Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -169.11 -196.87 -3.95 3.75 12.49

SSP Group 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 18.83 -9.51 16.73 -10.23 36.98

Competitive Comparison of SSP Group's ROE %

For the Restaurants subindustry, SSP Group'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.


SSP Group's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's ROE % distribution charts can be found below:

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



SSP Group ROE % Calculation

SSP Group's annualized ROE % for the fiscal year that ended in Sep. 2024 is calculated as

ROE %=Net Income (A: Sep. 2024 )/( (Total Stockholders Equity (A: Sep. 2023 )+Total Stockholders Equity (A: Sep. 2024 ))/ count )
=36.243/( (279.95+300.529)/ 2 )
=36.243/290.2395
=12.49 %

SSP Group'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 )
=100.264/( (241.804+300.529)/ 2 )
=100.264/271.1665
=36.98 %

* 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.


SSP Group  (OTCPK:SSPPF) 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
=100.264/271.1665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(100.264 / 5068.784)*(5068.784 / 3943.46)*(3943.46 / 271.1665)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.98 %*1.2854*14.5426
=ROA %*Equity Multiplier
=2.55 %*14.5426
=36.98 %

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
=100.264/271.1665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (100.264 / 279.894) * (279.894 / 492.858) * (492.858 / 5068.784) * (5068.784 / 3943.46) * (3943.46 / 271.1665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3582 * 0.5679 * 9.72 % * 1.2854 * 14.5426
=36.98 %

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.


SSP Group ROE % Related Terms

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


SSP Group Business Description

Traded in Other Exchanges
Address
32 Jamestown Road, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.

SSP Group Headlines

From GuruFocus

SSP Group PLC ESG Briefing Transcript

By GuruFocus Research 02-15-2024

Full Year 2021 SSP Group PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024

Full Year 2022 SSP Group PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024

SSP Group PLC to Discuss Rights Issue Call Transcript

By GuruFocus Research 02-15-2024

Half Year 2021 SSP Group PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024