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SHP Celex a.d (XBLB:CELX-R-A) ROE % : -15.63% (As of Dec. 2013)


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What is SHP Celex a.d ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SHP Celex a.d's annualized net income for the quarter that ended in Dec. 2013 was BAM-1.30 Mil. SHP Celex a.d's average Total Stockholders Equity over the quarter that ended in Dec. 2013 was BAM8.30 Mil. Therefore, SHP Celex a.d's annualized ROE % for the quarter that ended in Dec. 2013 was -15.63%.

The historical rank and industry rank for SHP Celex a.d's ROE % or its related term are showing as below:

XBLB:CELX-R-A's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.59
* Ranked among companies with meaningful ROE % only.

SHP Celex a.d ROE % Historical Data

The historical data trend for SHP Celex a.d'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.

SHP Celex a.d ROE % Chart

SHP Celex a.d Annual Data
Trend Dec12 Dec13
ROE %
-46.26 -15.63

SHP Celex a.d Semi-Annual Data
Dec12 Dec13
ROE % -46.26 -15.63

Competitive Comparison of SHP Celex a.d's ROE %

For the Household & Personal Products subindustry, SHP Celex a.d'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.


SHP Celex a.d's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SHP Celex a.d's ROE % distribution charts can be found below:

* The bar in red indicates where SHP Celex a.d's ROE % falls into.



SHP Celex a.d ROE % Calculation

SHP Celex a.d's annualized ROE % for the fiscal year that ended in Dec. 2013 is calculated as

ROE %=Net Income (A: Dec. 2013 )/( (Total Stockholders Equity (A: Dec. 2012 )+Total Stockholders Equity (A: Dec. 2013 ))/ count )
=-1.297/( (8.948+7.651)/ 2 )
=-1.297/8.2995
=-15.63 %

SHP Celex a.d's annualized ROE % for the quarter that ended in Dec. 2013 is calculated as

ROE %=Net Income (Q: Dec. 2013 )/( (Total Stockholders Equity (Q: Dec. 2012 )+Total Stockholders Equity (Q: Dec. 2013 ))/ count )
=-1.297/( (8.948+7.651)/ 2 )
=-1.297/8.2995
=-15.63 %

* 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 one times the annual (Dec. 2013) net income data. ROE % is displayed in the 30-year financial page.


SHP Celex a.d  (XBLB:CELX-R-A) 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: Dec. 2013 )
=Net Income/Total Stockholders Equity
=-1.297/8.2995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.297 / 73.965)*(73.965 / 58.1245)*(58.1245 / 8.2995)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.75 %*1.2725*7.0034
=ROA %*Equity Multiplier
=-2.23 %*7.0034
=-15.63 %

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: Dec. 2013 )
=Net Income/Total Stockholders Equity
=-1.297/8.2995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.297 / -1.25) * (-1.25 / -1.03) * (-1.03 / 73.965) * (73.965 / 58.1245) * (58.1245 / 8.2995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0376 * 1.2136 * -1.39 % * 1.2725 * 7.0034
=-15.63 %

Note: The net income data used here is one times the annual (Dec. 2013) net income data. The Revenue data used here is one times the annual (Dec. 2013) 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.


SHP Celex a.d ROE % Related Terms

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SHP Celex a.d (XBLB:CELX-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102
SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.

SHP Celex a.d (XBLB:CELX-R-A) Headlines

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