GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yoshimura Food Holdings KK (TSE:2884) » Definitions » ROE %

Yoshimura Food Holdings KK (TSE:2884) ROE % : 8.76% (As of Aug. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Yoshimura Food Holdings KK ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yoshimura Food Holdings KK's annualized net income for the quarter that ended in Aug. 2024 was 円859 Mil. Yoshimura Food Holdings KK's average Total Stockholders Equity over the quarter that ended in Aug. 2024 was 円9,805 Mil. Therefore, Yoshimura Food Holdings KK's annualized ROE % for the quarter that ended in Aug. 2024 was 8.76%.

The historical rank and industry rank for Yoshimura Food Holdings KK's ROE % or its related term are showing as below:

TSE:2884' s ROE % Range Over the Past 10 Years
Min: 4.59   Med: 9.64   Max: 17.12
Current: 11.44

During the past 10 years, Yoshimura Food Holdings KK's highest ROE % was 17.12%. The lowest was 4.59%. And the median was 9.64%.

TSE:2884's ROE % is ranked better than
67.41% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 7.17 vs TSE:2884: 11.44

Yoshimura Food Holdings KK ROE % Historical Data

The historical data trend for Yoshimura Food Holdings KK'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.

Yoshimura Food Holdings KK ROE % Chart

Yoshimura Food Holdings KK Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 9.40 8.49 8.90 12.72

Yoshimura Food Holdings KK Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 21.80 -11.64 20.64 27.16 8.76

Competitive Comparison of Yoshimura Food Holdings KK's ROE %

For the Packaged Foods subindustry, Yoshimura Food Holdings KK'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.


Yoshimura Food Holdings KK's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yoshimura Food Holdings KK's ROE % distribution charts can be found below:

* The bar in red indicates where Yoshimura Food Holdings KK's ROE % falls into.



Yoshimura Food Holdings KK ROE % Calculation

Yoshimura Food Holdings KK's annualized ROE % for the fiscal year that ended in Feb. 2024 is calculated as

ROE %=Net Income (A: Feb. 2024 )/( (Total Stockholders Equity (A: Feb. 2023 )+Total Stockholders Equity (A: Feb. 2024 ))/ count )
=1028.739/( (7479.012+8702.272)/ 2 )
=1028.739/8090.642
=12.72 %

Yoshimura Food Holdings KK's annualized ROE % for the quarter that ended in Aug. 2024 is calculated as

ROE %=Net Income (Q: Aug. 2024 )/( (Total Stockholders Equity (Q: May. 2024 )+Total Stockholders Equity (Q: Aug. 2024 ))/ count )
=858.72/( (9549.062+10060.759)/ 2 )
=858.72/9804.9105
=8.76 %

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


Yoshimura Food Holdings KK  (TSE:2884) 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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=858.72/9804.9105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(858.72 / 56496.128)*(56496.128 / 54435.6145)*(54435.6145 / 9804.9105)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.52 %*1.0379*5.5519
=ROA %*Equity Multiplier
=1.58 %*5.5519
=8.76 %

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: Aug. 2024 )
=Net Income/Total Stockholders Equity
=858.72/9804.9105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (858.72 / 2699.964) * (2699.964 / 3221.524) * (3221.524 / 56496.128) * (56496.128 / 54435.6145) * (54435.6145 / 9804.9105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.318 * 0.8381 * 5.7 % * 1.0379 * 5.5519
=8.76 %

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


Yoshimura Food Holdings KK ROE % Related Terms

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


Yoshimura Food Holdings KK Business Description

Traded in Other Exchanges
N/A
Address
2-2 No. 2, Uchisaiwa-cho, 18th Floor, Fukoku Life Building, Chiyoda-ku, Tokyo, JPN, 100-0011
Yoshimura Food Holdings KK operates as a holding company which engages in the food business. The company is mainly engaged in planning, execution and management of business strategies of group companies, as well as supporting and overseeing of sales, manufacturing, product development, quality management, business management and other functions of subsidiaries. The company offers commercial food materials; Chinese dishes; dried noodles, buckwheat flour, wheat flour, etc.; meat and processed food products; sake products; and frozen foods, including frozen seafood, fried fowl pork cutlets, scissors cutlets, and fly with crab claw products.

Yoshimura Food Holdings KK Headlines

No Headlines