GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vina Concha Y Toro SA (XSGO:CONCHATORO) » Definitions » ROE %

Vina Concha Y Toro (XSGO:CONCHATORO) ROE % : 6.63% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Vina Concha Y Toro ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vina Concha Y Toro's annualized net income for the quarter that ended in Mar. 2024 was CLP50,960 Mil. Vina Concha Y Toro's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was CLP768,392 Mil. Therefore, Vina Concha Y Toro's annualized ROE % for the quarter that ended in Mar. 2024 was 6.63%.

The historical rank and industry rank for Vina Concha Y Toro's ROE % or its related term are showing as below:

XSGO:CONCHATORO' s ROE % Range Over the Past 10 Years
Min: 5.63   Med: 9.88   Max: 15.18
Current: 5.63

During the past 13 years, Vina Concha Y Toro's highest ROE % was 15.18%. The lowest was 5.63%. And the median was 9.88%.

XSGO:CONCHATORO's ROE % is ranked worse than
55.5% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 7.06 vs XSGO:CONCHATORO: 5.63

Vina Concha Y Toro ROE % Historical Data

The historical data trend for Vina Concha Y Toro'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.

Vina Concha Y Toro ROE % Chart

Vina Concha Y Toro 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 9.07 12.65 15.18 12.33 5.63

Vina Concha Y Toro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.65 3.30 8.76 8.80 6.63

Competitive Comparison of Vina Concha Y Toro's ROE %

For the Beverages - Wineries & Distilleries subindustry, Vina Concha Y Toro'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.


Vina Concha Y Toro's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vina Concha Y Toro's ROE % distribution charts can be found below:

* The bar in red indicates where Vina Concha Y Toro's ROE % falls into.



Vina Concha Y Toro ROE % Calculation

Vina Concha Y Toro'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 )
=43126.287/( (756762.764+774256.549)/ 2 )
=43126.287/765509.6565
=5.63 %

Vina Concha Y Toro's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=50959.976/( (774256.549+762527.572)/ 2 )
=50959.976/768392.0605
=6.63 %

* 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 four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Vina Concha Y Toro  (XSGO:CONCHATORO) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=50959.976/768392.0605
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50959.976 / 824679.272)*(824679.272 / 1646826.2705)*(1646826.2705 / 768392.0605)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.18 %*0.5008*2.1432
=ROA %*Equity Multiplier
=3.09 %*2.1432
=6.63 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=50959.976/768392.0605
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (50959.976 / 66171.184) * (66171.184 / 84469.112) * (84469.112 / 824679.272) * (824679.272 / 1646826.2705) * (1646826.2705 / 768392.0605)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7701 * 0.7834 * 10.24 % * 0.5008 * 2.1432
=6.63 %

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


Vina Concha Y Toro ROE % Related Terms

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


Vina Concha Y Toro (XSGO:CONCHATORO) Business Description

Traded in Other Exchanges
N/A
Address
Avda. Nueva Tajamar 481 of 1401, Casilla 213, Postal Box No. 213, Torre Norte, Floor 15, Las Condes, Santiago, CHL
Vina Concha Y Toro SA produces and sells wine. The company sells wine in categories ranging from the lower-end to ultra-premium, with brands such as Don Melchor, Carmin de Peumo, Gravas del Maipo, Amelia, Terrunyo, Casillero del Diablo, Trio, and Late Harvest. Concha y Toro produces most of its wine in Chile, where it owns and operates vineyards in Chile's nine principal wine growing regions. Most of the company's sales are exported, with principal markets including Europe, USA, South America, Asia, Canada, Central America, Africa and Other.

Vina Concha Y Toro (XSGO:CONCHATORO) Headlines

No Headlines