Elektrokrajina AD (XBLB:EKBL-R-A) ROE %: 0.96% (As of Dec. 2023)

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What is Elektrokrajina AD ROE %?

Elektrokrajina AD XBLB:EKBL-R-A ROE % is 0.96% as of Dec. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Elektrokrajina AD's annualized net income for the quarter that ended in Dec. 2023 was BAM2.2 Mil. Elektrokrajina AD's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was BAM232.4 Mil. Therefore, Elektrokrajina AD's annualized ROE % for the quarter that ended in Dec. 2023 was 0.96%.

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

XBLB:EKBL-R-A's ROE % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 8.69
* Ranked among companies with meaningful ROE % only.

Elektrokrajina AD  (XBLB:EKBL-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. 2023 )
=Net Income/Total Stockholders Equity
=2.231/232.4475
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.231 / 149.98)*(149.98 / 509.438)*(509.438 / 232.4475)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.49 %*0.2944*2.1916
=ROA %*Equity Multiplier
=0.44 %*2.1916
=0.96 %

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. 2023 )
=Net Income/Total Stockholders Equity
=2.231/232.4475
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.231 / 1.036) * (1.036 / 4.32) * (4.32 / 149.98) * (149.98 / 509.438) * (509.438 / 232.4475)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.1535 * 0.2398 * 2.88 % * 0.2944 * 2.1916
=0.96 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Elektrokrajina AD ROE % Related Terms


Elektrokrajina AD ROE % Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD ROE % Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 0.55 0.22 0.00 0.26 0.96

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROE % Get a 7-Day Free Trial 0.55 0.22 0.00 0.26 0.96

XBLB:EKBL-R-A vs NEE, SO, DUK: ROE % Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.


Elektrokrajina AD ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektrokrajina AD's ROE % distribution charts can be found below:

* The bar in red indicates where Elektrokrajina AD's ROE % falls into.



Elektrokrajina AD ROE % Calculation

Elektrokrajina AD'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 )
=2.231/( (231.332+233.563)/ 2 )
=2.231/232.4475
=0.96 %

Elektrokrajina AD's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=2.231/( (231.332+233.563)/ 2 )
=2.231/232.4475
=0.96 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.96% mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a ROE % of 0.96% as of Dec. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's ROE % too high?
Elektrokrajina AD's current ROE % is 0.96%. The Utilities - Regulated industry median ROE % is 8.69. Elektrokrajina AD's value of 0.96% is 89% below this industry median.
How does Elektrokrajina AD's ROE % compare to NEE and SO?
Elektrokrajina AD's ROE % of 0.96% can be compared against companies in the Utilities - Regulated industry. The industry median ROE % is 8.69. Elektrokrajina AD's value of 0.96% is 89% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 503 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. Elektrokrajina AD's current ROE % of 0.96% is 89% below the industry median. 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 Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current ROE % is 0.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current ROE % of 0.96%. The current ROE % is 0.96% and 89% below the Utilities - Regulated industry median of 8.69. 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 Elektrokrajina AD (XBLB:EKBL-R-A), the current ROE % is 0.96% as of Dec. 2023. 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.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.