CubicFarm Systems (TSXV:CUB) ROE %: 0.00% (As of Sep. 2024)


TSXV:CUB CubicFarm Systems Corp TSXV:CUB
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What is CubicFarm Systems ROE %?

CubicFarm Systems TSXV:CUB 10 ROE % is 0.00% as of Sep. 2024. GuruFocus rates TSXV:CUB with a GF Score™ of 10/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CubicFarm Systems's annualized net income for the quarter that ended in Sep. 2024 was C$-10.24 Mil. CubicFarm Systems's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was C$-26.89 Mil. Therefore, CubicFarm Systems's annualized ROE % for the quarter that ended in Sep. 2024 was N/A%.

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

TSXV:CUB's ROE % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 7.47
* Ranked among companies with meaningful ROE % only.

CubicFarm Systems  (TSXV:CUB) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-10.236/-26.889
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.236 / 0.228)*(0.228 / 13.446)*(13.446 / -26.889)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4489.47 %*0.017*N/A
=ROA %*Equity Multiplier
=-76.32 %*N/A
=N/A %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-10.236/-26.889
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-10.236 / -10.236) * (-10.236 / -2.32) * (-2.32 / 0.228) * (0.228 / 13.446) * (13.446 / -26.889)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 4.4121 * -1017.54 % * 0.017 * N/A
=N/A %

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


CubicFarm Systems ROE % Related Terms


CubicFarm Systems ROE % Historical Data

* Premium members only.

The historical data trend for CubicFarm Systems'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.

CubicFarm Systems ROE % Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -86.41 -70.68 -105.84 -387.94 0.00

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00

TSXV:CUB vs LEVGQ, NKLAQ, UGRO: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.


CubicFarm Systems ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's ROE % distribution charts can be found below:

* The bar in red indicates where CubicFarm Systems's ROE % falls into.


TSXV:CUB
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CubicFarm Systems Corp TSXV:CUB
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CubicFarm Systems ROE % Calculation

CubicFarm Systems'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 )
=-16.452/( (-9.968+-23.979)/ 2 )
=-16.452/-16.9735
=N/A %

CubicFarm Systems's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-10.236/( (-25.85+-27.928)/ 2 )
=-10.236/-26.889
=N/A %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
CubicFarm Systems (TSXV:CUB) has a ROE % of 0.00% as of Sep. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on CubicFarm Systems and its competitors.
Is CubicFarm Systems' ROE % too high?
CubicFarm Systems' current ROE % is 0.00%. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' ROE % compare to LEVGQ and NKLAQ?
CubicFarm Systems' ROE % of 0.00% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROE % is 7.47. 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.47, based on 203 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 CubicFarm Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubicFarm Systems's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (TSXV:CUB) has a current ROE % of 0.00%. The current ROE % is 0.00%. CubicFarm Systems' overall GF Score™ is 10/100. 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 CubicFarm Systems (TSXV:CUB), the current ROE % is 0.00% as of Sep. 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.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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