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Baltic Classifieds Group (STU:983) ROE % : 9.21% (As of Oct. 2023)


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What is Baltic Classifieds Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baltic Classifieds Group's annualized net income for the quarter that ended in Oct. 2023 was €30.67 Mil. Baltic Classifieds Group's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was €333.08 Mil. Therefore, Baltic Classifieds Group's annualized ROE % for the quarter that ended in Oct. 2023 was 9.21%.

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

STU:983' s ROE % Range Over the Past 10 Years
Min: -4.83   Med: 0.4   Max: 48.7
Current: 8.15

During the past 5 years, Baltic Classifieds Group's highest ROE % was 48.70%. The lowest was -4.83%. And the median was 0.40%.

STU:983's ROE % is ranked better than
68% of 550 companies
in the Interactive Media industry
Industry Median: -0.735 vs STU:983: 8.15

Baltic Classifieds Group ROE % Historical Data

The historical data trend for Baltic Classifieds 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.

Baltic Classifieds Group ROE % Chart

Baltic Classifieds Group Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
ROE %
48.70 -4.82 -0.04 0.41 7.03

Baltic Classifieds Group Semi-Annual Data
Apr19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
ROE % Get a 7-Day Free Trial Premium Member Only -5.76 5.38 7.02 7.07 9.21

Competitive Comparison of Baltic Classifieds Group's ROE %

For the Internet Content & Information subindustry, Baltic Classifieds 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.


Baltic Classifieds Group's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baltic Classifieds Group's ROE % distribution charts can be found below:

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



Baltic Classifieds Group ROE % Calculation

Baltic Classifieds Group's annualized ROE % for the fiscal year that ended in Apr. 2023 is calculated as

ROE %=Net Income (A: Apr. 2023 )/( (Total Stockholders Equity (A: Apr. 2022 )+Total Stockholders Equity (A: Apr. 2023 ))/ count )
=23.215/( (327.377+332.652)/ 2 )
=23.215/330.0145
=7.03 %

Baltic Classifieds Group's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Apr. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=30.67/( (332.652+333.501)/ 2 )
=30.67/333.0765
=9.21 %

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


Baltic Classifieds Group  (STU:983) 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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=30.67/333.0765
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(30.67 / 71.582)*(71.582 / 410.735)*(410.735 / 333.0765)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.85 %*0.1743*1.2332
=ROA %*Equity Multiplier
=7.47 %*1.2332
=9.21 %

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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=30.67/333.0765
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (30.67 / 35.17) * (35.17 / 38.746) * (38.746 / 71.582) * (71.582 / 410.735) * (410.735 / 333.0765)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8721 * 0.9077 * 54.13 % * 0.1743 * 1.2332
=9.21 %

Note: The net income data used here is two times the semi-annual (Oct. 2023) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.


Baltic Classifieds Group ROE % Related Terms

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Baltic Classifieds Group (STU:983) Business Description

Traded in Other Exchanges
Address
Saltoniskiu Street 9B, Vilnius, LTU, LT-08105
Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide range of products. The main focus of the Group is operating leading online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Baltic Classifieds Group (STU:983) Headlines

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