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Williams Grand Prix Holdings (XTER:WGF1) ROE % : 165.09% (As of Dec. 2019)


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What is Williams Grand Prix Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Williams Grand Prix Holdings's annualized net income for the quarter that ended in Dec. 2019 was €94.6 Mil. Williams Grand Prix Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2019 was €57.3 Mil. Therefore, Williams Grand Prix Holdings's annualized ROE % for the quarter that ended in Dec. 2019 was 165.09%.

The historical rank and industry rank for Williams Grand Prix Holdings's ROE % or its related term are showing as below:

XTER:WGF1's ROE % is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.23
* Ranked among companies with meaningful ROE % only.

Williams Grand Prix Holdings ROE % Historical Data

The historical data trend for Williams Grand Prix Holdings'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.

Williams Grand Prix Holdings ROE % Chart

Williams Grand Prix Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.90 19.51 35.37 6.94 32.60

Williams Grand Prix Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 21.75 -39.65 52.31 -105.13 165.09

Competitive Comparison of Williams Grand Prix Holdings's ROE %

For the Leisure subindustry, Williams Grand Prix Holdings'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.


Williams Grand Prix Holdings's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Williams Grand Prix Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Williams Grand Prix Holdings's ROE % falls into.



Williams Grand Prix Holdings ROE % Calculation

Williams Grand Prix Holdings's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=22.662/( (56.789+82.256)/ 2 )
=22.662/69.5225
=32.60 %

Williams Grand Prix Holdings's annualized ROE % for the quarter that ended in Dec. 2019 is calculated as

ROE %=Net Income (Q: Dec. 2019 )/( (Total Stockholders Equity (Q: Jun. 2019 )+Total Stockholders Equity (Q: Dec. 2019 ))/ count )
=94.584/( (32.331+82.256)/ 2 )
=94.584/57.2935
=165.09 %

* 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 (Dec. 2019) net income data. ROE % is displayed in the 30-year financial page.


Williams Grand Prix Holdings  (XTER:WGF1) 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. 2019 )
=Net Income/Total Stockholders Equity
=94.584/57.2935
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(94.584 / 44.356)*(44.356 / 147.1465)*(147.1465 / 57.2935)
=Net Margin %*Asset Turnover*Equity Multiplier
=213.24 %*0.3014*2.5683
=ROA %*Equity Multiplier
=64.27 %*2.5683
=165.09 %

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. 2019 )
=Net Income/Total Stockholders Equity
=94.584/57.2935
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (94.584 / 8.886) * (8.886 / 9.954) * (9.954 / 44.356) * (44.356 / 147.1465) * (147.1465 / 57.2935)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 10.6442 * 0.8927 * 22.44 % * 0.3014 * 2.5683
=165.09 %

Note: The net income data used here is two times the semi-annual (Dec. 2019) net income data. The Revenue data used here is two times the semi-annual (Dec. 2019) 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.


Williams Grand Prix Holdings ROE % Related Terms

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Williams Grand Prix Holdings (XTER:WGF1) Business Description

Traded in Other Exchanges
N/A
Address
Grove, Wantage, Oxfordshire, GBR, OX12 0DQ
Williams Grand Prix Holdings PLC is the United States-based holding company. Its operations include the design, manufacture, and entry of race cars for the Formula One World Championship. Its segments include Formula One and Other. It is involved in sponsorship, commercial rights, and engineering services. The major part of its revenue is derived from Formula One segment.

Williams Grand Prix Holdings (XTER:WGF1) Headlines

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