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Laurent-Perrier (XPAR:LPE) ROE % : 13.78% (As of Sep. 2023)


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What is Laurent-Perrier ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Laurent-Perrier's annualized net income for the quarter that ended in Sep. 2023 was €77.1 Mil. Laurent-Perrier's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €559.7 Mil. Therefore, Laurent-Perrier's annualized ROE % for the quarter that ended in Sep. 2023 was 13.78%.

The historical rank and industry rank for Laurent-Perrier's ROE % or its related term are showing as below:

XPAR:LPE' s ROE % Range Over the Past 10 Years
Min: 5.18   Med: 6.5   Max: 11.19
Current: 10.99

During the past 13 years, Laurent-Perrier's highest ROE % was 11.19%. The lowest was 5.18%. And the median was 6.50%.

XPAR:LPE's ROE % is ranked better than
63.81% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 7.065 vs XPAR:LPE: 10.99

Laurent-Perrier ROE % Historical Data

The historical data trend for Laurent-Perrier'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.

Laurent-Perrier ROE % Chart

Laurent-Perrier Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 5.53 5.68 10.55 11.19

Laurent-Perrier Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 10.08 11.07 14.38 8.10 13.78

Competitive Comparison of Laurent-Perrier's ROE %

For the Beverages - Wineries & Distilleries subindustry, Laurent-Perrier'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.


Laurent-Perrier's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Laurent-Perrier's ROE % distribution charts can be found below:

* The bar in red indicates where Laurent-Perrier's ROE % falls into.



Laurent-Perrier ROE % Calculation

Laurent-Perrier's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=58.49/( (500.7+544.73)/ 2 )
=58.49/522.715
=11.19 %

Laurent-Perrier's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=77.14/( (544.73+574.63)/ 2 )
=77.14/559.68
=13.78 %

* 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 two times the semi-annual (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Laurent-Perrier  (XPAR:LPE) 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. 2023 )
=Net Income/Total Stockholders Equity
=77.14/559.68
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(77.14 / 316.84)*(316.84 / 1033.16)*(1033.16 / 559.68)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.35 %*0.3067*1.846
=ROA %*Equity Multiplier
=7.47 %*1.846
=13.78 %

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. 2023 )
=Net Income/Total Stockholders Equity
=77.14/559.68
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (77.14 / 106) * (106 / 113.72) * (113.72 / 316.84) * (316.84 / 1033.16) * (1033.16 / 559.68)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7277 * 0.9321 * 35.89 % * 0.3067 * 1.846
=13.78 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Laurent-Perrier ROE % Related Terms

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


Laurent-Perrier (XPAR:LPE) Business Description

Traded in Other Exchanges
Address
32, Avenue de Champagne, Tours-sur-Marne, FRA, F-51150
Laurent-Perrier is a French company which is active in the production and sale of champagne. The company's products are sold under four main brands namely LaurentPerrier, Salon, Delamotte, and Champagne de Castellane. It exports its products through specialized distribution channels such as cafes, hotels and restaurants, wine merchants, and direct sales. The company has organized its business into three different types of entity i.e. champagne houses including Champagne Laurent Perrier and Champagne de Castellane; distribution subsidiaries or subsidiaries or branches in France and several foreign markets and vineyards, held either directly through real-estate companies. The company generates its revenue through wholesale sales to distributors and agents and retail sales.

Laurent-Perrier (XPAR:LPE) Headlines

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