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Last One Mile Co (TSE:9252) ROE % : 31.50% (As of Feb. 2024)


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What is Last One Mile Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Last One Mile Co's annualized net income for the quarter that ended in Feb. 2024 was 円456 Mil. Last One Mile Co's average Total Stockholders Equity over the quarter that ended in Feb. 2024 was 円1,449 Mil. Therefore, Last One Mile Co's annualized ROE % for the quarter that ended in Feb. 2024 was 31.50%.

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

TSE:9252' s ROE % Range Over the Past 10 Years
Min: 2.43   Med: 5.02   Max: 23.76
Current: 23.76

During the past 3 years, Last One Mile Co's highest ROE % was 23.76%. The lowest was 2.43%. And the median was 5.02%.

TSE:9252's ROE % is ranked better than
85.2% of 1047 companies
in the Business Services industry
Industry Median: 8.3 vs TSE:9252: 23.76

Last One Mile Co ROE % Historical Data

The historical data trend for Last One Mile 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.

Last One Mile Co ROE % Chart

Last One Mile Co Annual Data
Trend Nov19 Nov20 Nov21
ROE %
5.02 2.43 15.57

Last One Mile Co Quarterly Data
Nov19 Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.11 8.16 29.98 22.98 31.50

Competitive Comparison of Last One Mile Co's ROE %

For the Specialty Business Services subindustry, Last One Mile 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.


Last One Mile Co's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Last One Mile Co's ROE % distribution charts can be found below:

* The bar in red indicates where Last One Mile Co's ROE % falls into.



Last One Mile Co ROE % Calculation

Last One Mile Co's annualized ROE % for the fiscal year that ended in Nov. 2021 is calculated as

ROE %=Net Income (A: Nov. 2021 )/( (Total Stockholders Equity (A: Nov. 2020 )+Total Stockholders Equity (A: Nov. 2021 ))/ count )
=159.216/( (808.455+1237.003)/ 2 )
=159.216/1022.729
=15.57 %

Last One Mile Co's annualized ROE % for the quarter that ended in Feb. 2024 is calculated as

ROE %=Net Income (Q: Feb. 2024 )/( (Total Stockholders Equity (Q: Nov. 2023 )+Total Stockholders Equity (Q: Feb. 2024 ))/ count )
=456.392/( (1550.468+1346.828)/ 2 )
=456.392/1448.648
=31.50 %

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


Last One Mile Co  (TSE:9252) 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: Feb. 2024 )
=Net Income/Total Stockholders Equity
=456.392/1448.648
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(456.392 / 11348.24)*(11348.24 / 5512.735)*(5512.735 / 1448.648)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.02 %*2.0585*3.8054
=ROA %*Equity Multiplier
=8.28 %*3.8054
=31.50 %

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: Feb. 2024 )
=Net Income/Total Stockholders Equity
=456.392/1448.648
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (456.392 / 775.708) * (775.708 / 788.392) * (788.392 / 11348.24) * (11348.24 / 5512.735) * (5512.735 / 1448.648)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5884 * 0.9839 * 6.95 % * 2.0585 * 3.8054
=31.50 %

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


Last One Mile Co ROE % Related Terms

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Last One Mile Co (TSE:9252) Business Description

Traded in Other Exchanges
N/A
Address
4-21-1 Higashiikebukuro, Toshima-ku, Tokyo, JPN, 170-0013
Last One Mile Co Ltd is engaged in selling new electronic power, new gas and internet connections.

Last One Mile Co (TSE:9252) Headlines

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