STXMF (Starrex International) ROE %: -173.17% (As of Mar. 2024)


STXMF Starrex International Ltd STXMF
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What is Starrex International ROE %?

Starrex International STXMF -91.11% 12 ROE % is -173.17% as of Mar. 2024. GuruFocus rates STXMF with a GF Score™ of 12/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Starrex International's annualized net income for the quarter that ended in Mar. 2024 was $-5.38 Mil. Starrex International's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $3.11 Mil. Therefore, Starrex International's annualized ROE % for the quarter that ended in Mar. 2024 was -173.17%.

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

STXMF's ROE % is not ranked *
in the Banks industry.
Industry Median: 10.22
* Ranked among companies with meaningful ROE % only.

Starrex International  (OTCPK:STXMF) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-5.384/3.109
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.384 / 4.988)*(4.988 / 12.3315)*(12.3315 / 3.109)
=Net Margin %*Asset Turnover*Equity Multiplier
=-107.94 %*0.4045*3.9664
=ROA %*Equity Multiplier
=-43.66 %*3.9664
=-173.17 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-5.384/3.109
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5.384 / -4.748) * (-4.748 / -4.572) * (-4.572 / 4.988) * (4.988 / 12.3315) * (12.3315 / 3.109)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.134 * 1.0385 * -91.66 % * 0.4045 * 3.9664
=-173.17 %

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


Starrex International ROE % Related Terms


Starrex International ROE % Historical Data

* Premium members only.

The historical data trend for Starrex International'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.

Starrex International ROE % Chart

Starrex International 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 -100.97 91.50 16.93 71.26 -91.66

Starrex International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -21.24 -48.86 -12.98 -274.58 -173.17

STXMF vs LRBI, FNMA, COOP: ROE % Comparison

For the Mortgage Finance subindustry, Starrex International'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.


Starrex International ROE % vs Banks Industry

For the Banks industry and Financial Services sector, Starrex International's ROE % distribution charts can be found below:

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


STXMF
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Starrex International Ltd STXMF
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Starrex International ROE % Calculation

Starrex International'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 )
=-5.489/( (8.195+3.782)/ 2 )
=-5.489/5.9885
=-91.66 %

Starrex International's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-5.384/( (3.782+2.436)/ 2 )
=-5.384/3.109
=-173.17 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -173.17% mean?
Starrex International (STXMF) has a ROE % of -173.17% as of Mar. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Starrex International and its competitors.
Is Starrex International's ROE % too high?
Starrex International's current ROE % is -173.17%. Overall, Starrex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Starrex International's ROE % compare to LRBI and FNMA?
Starrex International's ROE % of -173.17% can be compared against companies in the Banks industry. The industry median ROE % is 10.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Starrex International and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starrex International's current ROE % is -173.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starrex International stock overvalued right now?
Starrex International (STXMF) has a current ROE % of -173.17%. The current ROE % is -173.17%. Starrex International's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Starrex International (STXMF), the current ROE % is -173.17% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Starrex International Business Description

Address 1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Starrex International Ltd. or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance; MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities; and All American Title Company, LLC. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property.
12GF Score

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