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Universal Robina (Universal Robina) ROE % : 14.14% (As of Mar. 2024)


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What is Universal Robina ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Universal Robina's annualized net income for the quarter that ended in Mar. 2024 was $281 Mil. Universal Robina's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $1,990 Mil. Therefore, Universal Robina's annualized ROE % for the quarter that ended in Mar. 2024 was 14.14%.

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

UVRBF' s ROE % Range Over the Past 10 Years
Min: 10.37   Med: 13.17   Max: 23.13
Current: 11.03

During the past 13 years, Universal Robina's highest ROE % was 23.13%. The lowest was 10.37%. And the median was 13.17%.

UVRBF's ROE % is ranked better than
66.76% of 1829 companies
in the Consumer Packaged Goods industry
Industry Median: 6.65 vs UVRBF: 11.03

Universal Robina ROE % Historical Data

The historical data trend for Universal Robina'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.

Universal Robina ROE % Chart

Universal Robina Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 11.80 23.13 12.42 10.37

Universal Robina 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 11.90 11.23 10.56 8.07 14.14

Competitive Comparison of Universal Robina's ROE %

For the Packaged Foods subindustry, Universal Robina'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.


Universal Robina's ROE % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Universal Robina's ROE % falls into.



Universal Robina ROE % Calculation

Universal Robina'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 )
=205.388/( (1959.312+2000.653)/ 2 )
=205.388/1979.9825
=10.37 %

Universal Robina'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 )
=281.38/( (2000.653+1979.722)/ 2 )
=281.38/1990.1875
=14.14 %

* 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.


Universal Robina  (OTCPK:UVRBF) 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
=281.38/1990.1875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(281.38 / 2893.212)*(2893.212 / 3105.789)*(3105.789 / 1990.1875)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.73 %*0.9316*1.5606
=ROA %*Equity Multiplier
=9.06 %*1.5606
=14.14 %

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
=281.38/1990.1875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (281.38 / 370.156) * (370.156 / 367.328) * (367.328 / 2893.212) * (2893.212 / 3105.789) * (3105.789 / 1990.1875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7602 * 1.0077 * 12.7 % * 0.9316 * 1.5606
=14.14 %

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.


Universal Robina ROE % Related Terms

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


Universal Robina (Universal Robina) Business Description

Traded in Other Exchanges
Address
E. Rodriguez, Jr. Avenue (C5 Road), 8th Floor, Tera Tower, Bridgetowne, Ugong Norte, Metro Manila, Quezon City, PHL, 1110
Universal Robina Corp is a branded consumer food and beverage product company, originally from the Philippines. It is mainly present in the Association of Southeast Asian Nations, or ASEAN, markets, but the company also exports to markets in Japan, Korea, the U.S., Europe, the Middle East, and West Africa. URC's food-related businesses consist of manufacturing and distribution of branded consumer foods, commodities (mainly sugar and flour), milling of hogs and animal feed, and related products. URC's main regional brands are Jack 'n Jill, for snack foods; C2, for ready-to-drink tea; and Great Taste, for coffee. Its segment comprises Branded Consumer Food, Agro-Industrial Products and Commodity Food Products, and corporate Business.

Universal Robina (Universal Robina) Headlines

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