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Rock Field Co (TSE:2910) ROE % : 0.00% (As of Oct. 2024)


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What is Rock Field Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rock Field Co's annualized net income for the quarter that ended in Oct. 2024 was 円0 Mil. Rock Field Co's average Total Stockholders Equity over the quarter that ended in Oct. 2024 was 円29,015 Mil. Therefore, Rock Field Co's annualized ROE % for the quarter that ended in Oct. 2024 was 0.00%.

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

TSE:2910' s ROE % Range Over the Past 10 Years
Min: 0.69   Med: 4.92   Max: 8.12
Current: 4.27

During the past 13 years, Rock Field Co's highest ROE % was 8.12%. The lowest was 0.69%. And the median was 4.92%.

TSE:2910's ROE % is ranked worse than
60.89% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 6.8 vs TSE:2910: 4.27

Rock Field Co ROE % Historical Data

The historical data trend for Rock Field Co'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.

Rock Field Co ROE % Chart

Rock Field Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 4.16 4.82 3.70 4.30

Rock Field Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 4.47 3.30 7.17 2.08 -

Competitive Comparison of Rock Field Co's ROE %

For the Packaged Foods subindustry, Rock Field Co'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.


Rock Field Co's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rock Field Co's ROE % distribution charts can be found below:

* The bar in red indicates where Rock Field Co's ROE % falls into.



Rock Field Co ROE % Calculation

Rock Field Co's annualized ROE % for the fiscal year that ended in Apr. 2024 is calculated as

ROE %=Net Income (A: Apr. 2024 )/( (Total Stockholders Equity (A: Apr. 2023 )+Total Stockholders Equity (A: Apr. 2024 ))/ count )
=1252/( (29157+29138)/ 2 )
=1252/29147.5
=4.30 %

Rock Field Co's annualized ROE % for the quarter that ended in Oct. 2024 is calculated as

ROE %=Net Income (Q: Oct. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Oct. 2024 ))/ count )
=0/( (29138+28891)/ 2 )
=0/29014.5
=0.00 %

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


Rock Field Co  (TSE:2910) 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. 2024 )
=Net Income/Total Stockholders Equity
=0/29014.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 35694)*(35694 / 29014.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.2302
=ROA %*Equity Multiplier
=N/A %*1.2302
=0.00 %

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. 2024 )
=Net Income/Total Stockholders Equity
=0/29014.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 35694) * (35694 / 29014.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 1.2302
=0.00 %

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


Rock Field Co ROE % Related Terms

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


Rock Field Co Business Description

Traded in Other Exchanges
N/A
Address
15-2 Uozakihama-machi, Higashinada-ku, Kobe, JPN
Rock Field Co Ltd is engaged in the production and sale of prepared dishes. It provides prepared dishes through the operation of various stores, including RF1, Kobe Croquettes, Mikka-Bozu and Itohan, Yugo and RF1 Asia, Vegeteria and be Organic. In addition, it is also involved in the sale of delicatessen. Geographically, the activities of the firm are functioned through the region of Japan.

Rock Field Co Headlines

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