GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » XPEL Inc (NAS:XPEL) » Definitions » ROE %

XPEL (XPEL) ROE % : 28.32% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is XPEL ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. XPEL's annualized net income for the quarter that ended in Sep. 2024 was $59.6 Mil. XPEL's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $210.3 Mil. Therefore, XPEL's annualized ROE % for the quarter that ended in Sep. 2024 was 28.32%.

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

XPEL' s ROE % Range Over the Past 10 Years
Min: 9.09   Med: 40.45   Max: 52.89
Current: 25.46

During the past 13 years, XPEL's highest ROE % was 52.89%. The lowest was 9.09%. And the median was 40.45%.

XPEL's ROE % is ranked better than
93.82% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 6.61 vs XPEL: 25.46

XPEL ROE % Historical Data

The historical data trend for XPEL'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.

XPEL ROE % Chart

XPEL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.04 41.34 45.80 39.56 34.66

XPEL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.15 27.63 14.55 30.97 28.32

Competitive Comparison of XPEL's ROE %

For the Auto Parts subindustry, XPEL'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.


XPEL's ROE % Distribution in the Vehicles & Parts Industry

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

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



XPEL ROE % Calculation

XPEL'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 )
=52.8/( (124.722+179.989)/ 2 )
=52.8/152.3555
=34.66 %

XPEL's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=59.568/( (201.911+218.727)/ 2 )
=59.568/210.319
=28.32 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


XPEL  (NAS:XPEL) 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. 2024 )
=Net Income/Total Stockholders Equity
=59.568/210.319
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(59.568 / 451.408)*(451.408 / 267.4355)*(267.4355 / 210.319)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.2 %*1.6879*1.2716
=ROA %*Equity Multiplier
=22.28 %*1.2716
=28.32 %

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. 2024 )
=Net Income/Total Stockholders Equity
=59.568/210.319
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (59.568 / 74.488) * (74.488 / 73.548) * (73.548 / 451.408) * (451.408 / 267.4355) * (267.4355 / 210.319)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7997 * 1.0128 * 16.29 % * 1.6879 * 1.2716
=28.32 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


XPEL ROE % Related Terms

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


XPEL Business Description

Traded in Other Exchanges
N/A
Address
711 Broadway, Suite 320, San Antonio, TX, USA, 78215
XPEL Inc is a provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and commercial/residential window films, and ceramic coatings. The company has a network of trained installers and proprietary DAP software, dedicated to exceeding customer expectations by providing quality products, customer service, technical support, and world-class training. The majority of revenue is derived from the United states.
Executives
Ryan Pape director, officer: President and CEO 618 W SUNSET ROAD, SAN ANTONIO TX 78216
Barry Wood officer: Senior Vice President/CFO 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Mike Klonne director 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
John F North director 150 N. BARTLETT STREET, MEDFORD OR 97501
Mathieu Moreau officer: Senior VP, Sales and Product 10 INWOOD CANYON DRIVE, SAN ANTONIO TX 78248
Richard K. Crumly director, 10 percent owner P.O. BOX 460633, SAN ANTONIO TX 78246-0633
Mark Adams director, 10 percent owner 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Babatunde Awodiran officer: SVP, Gen. Counsel, & Secretary 711 BROADWAY ST., SUITE 320, SAN ANTONIO TX 78215
Stacy L Bogart director 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347
John Constantine director 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Brooks Meltzer officer: VP, General Counsel, Secretary 13 CAMDEN OAKS, SAN ANTONIO TX 78248