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Pferdewetten de AG (XTER:EMH1) ROE % : -63.37% (As of Jun. 2024)


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What is Pferdewetten de AG ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pferdewetten de AG's annualized net income for the quarter that ended in Jun. 2024 was €-11.13 Mil. Pferdewetten de AG's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was €17.56 Mil. Therefore, Pferdewetten de AG's annualized ROE % for the quarter that ended in Jun. 2024 was -63.37%.

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

XTER:EMH1' s ROE % Range Over the Past 10 Years
Min: -56.02   Med: 20.47   Max: 42576.64
Current: -56.02

During the past 13 years, Pferdewetten de AG's highest ROE % was 42,576.64%. The lowest was -56.02%. And the median was 20.47%.

XTER:EMH1's ROE % is ranked worse than
94.67% of 788 companies
in the Travel & Leisure industry
Industry Median: 5.705 vs XTER:EMH1: -56.02

Pferdewetten de AG ROE % Historical Data

The historical data trend for Pferdewetten de AG'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.

Pferdewetten de AG ROE % Chart

Pferdewetten de AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.31 23.05 8.76 -0.93 -8.48

Pferdewetten de AG Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 -21.89 -54.64 -98.74 -66.40 -63.37

Competitive Comparison of Pferdewetten de AG's ROE %

For the Gambling subindustry, Pferdewetten de AG'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.


Pferdewetten de AG's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's ROE % distribution charts can be found below:

* The bar in red indicates where Pferdewetten de AG's ROE % falls into.



Pferdewetten de AG ROE % Calculation

Pferdewetten de AG's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-1.539/( (16.366+19.913)/ 2 )
=-1.539/18.1395
=-8.48 %

Pferdewetten de AG's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=-11.128/( (18.837+16.281)/ 2 )
=-11.128/17.559
=-63.37 %

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


Pferdewetten de AG  (XTER:EMH1) 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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-11.128/17.559
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.128 / 45.436)*(45.436 / 53.716)*(53.716 / 17.559)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.49 %*0.8459*3.0592
=ROA %*Equity Multiplier
=-20.72 %*3.0592
=-63.37 %

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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-11.128/17.559
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.128 / -13) * (-13 / -11.336) * (-11.336 / 45.436) * (45.436 / 53.716) * (53.716 / 17.559)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.856 * 1.1468 * -24.95 % * 0.8459 * 3.0592
=-63.37 %

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


Pferdewetten de AG ROE % Related Terms

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Pferdewetten de AG Business Description

Traded in Other Exchanges
Address
Schlossstrasse 38, Hamburg, DEU
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.

Pferdewetten de AG Headlines

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