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Mazaro NV (XBRU:MLMAZ) ROE % : -0.21% (As of Dec. 2023)


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What is Mazaro NV ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mazaro NV's annualized net income for the quarter that ended in Dec. 2023 was €-0.74 Mil. Mazaro NV's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was €357.64 Mil. Therefore, Mazaro NV's annualized ROE % for the quarter that ended in Dec. 2023 was -0.21%.

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

XBRU:MLMAZ' s ROE % Range Over the Past 10 Years
Min: -130.77   Med: -14.74   Max: -0.1
Current: -0.21

During the past 5 years, Mazaro NV's highest ROE % was -0.10%. The lowest was -130.77%. And the median was -14.74%.

XBRU:MLMAZ's ROE % is ranked worse than
77.48% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 6.88 vs XBRU:MLMAZ: -0.21

Mazaro NV ROE % Historical Data

The historical data trend for Mazaro NV'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.

Mazaro NV ROE % Chart

Mazaro NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
-29.27 -130.77 - -0.10 -0.21

Mazaro NV Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
ROE % -29.27 -130.77 - -0.10 -0.21

Competitive Comparison of Mazaro NV's ROE %

For the Auto Parts subindustry, Mazaro NV'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.


Mazaro NV's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mazaro NV's ROE % distribution charts can be found below:

* The bar in red indicates where Mazaro NV's ROE % falls into.


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Mazaro NV ROE % Calculation

Mazaro NV'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 )
=-0.739/( (399.644+315.63)/ 2 )
=-0.739/357.637
=-0.21 %

Mazaro NV'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 )
=-0.739/( (399.644+315.63)/ 2 )
=-0.739/357.637
=-0.21 %

* 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.


Mazaro NV  (XBRU:MLMAZ) 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
=-0.739/357.637
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.739 / 0.008)*(0.008 / 493.7775)*(493.7775 / 357.637)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9237.5 %*0*1.3807
=ROA %*Equity Multiplier
=N/A %*1.3807
=-0.21 %

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
=-0.739/357.637
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.739 / -0.759) * (-0.759 / -0.758) * (-0.758 / 0.008) * (0.008 / 493.7775) * (493.7775 / 357.637)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9736 * 1.0013 * -9475 % * 0 * 1.3807
=-0.21 %

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.


Mazaro NV ROE % Related Terms

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


Mazaro NV Business Description

Traded in Other Exchanges
N/A
Address
Bommelsrede 42, Destelbergen, BEL, 9070
Mazaro NV is specialized in the design and development of transmissions systems. The group offers reversible variable transmissions for motor vehicles such as passenger cars, trucks, buses, off-road vehicles, forklifts, tractors and single-stage variable transmissions for electric vehicles and industrial powertrains. It designs various transmissions that combine exceptionally high internal efficiency with the ability to keep the internal combustion engine or E-engine on its optimal efficiency curve at all times, providing unparalleled energy, emissions and cost savings while optimizing performance and comfort. The benefits of this technology is impressive in trucks, buses, off-highway vehicles, SUVs, lift trucks and tractors both powered by a combustion engine and electric.

Mazaro NV Headlines

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