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Balwin Properties (JSE:BWN) ROE % : 1.95% (As of Feb. 2024)


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What is Balwin Properties ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Balwin Properties's annualized net income for the quarter that ended in Feb. 2024 was R78 Mil. Balwin Properties's average Total Stockholders Equity over the quarter that ended in Feb. 2024 was R3,981 Mil. Therefore, Balwin Properties's annualized ROE % for the quarter that ended in Feb. 2024 was 1.95%.

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

JSE:BWN' s ROE % Range Over the Past 10 Years
Min: 5.48   Med: 14.69   Max: 37.59
Current: 5.48

During the past 9 years, Balwin Properties's highest ROE % was 37.59%. The lowest was 5.48%. And the median was 14.69%.

JSE:BWN's ROE % is ranked better than
62.8% of 1774 companies
in the Real Estate industry
Industry Median: 2.545 vs JSE:BWN: 5.48

Balwin Properties ROE % Historical Data

The historical data trend for Balwin Properties'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.

Balwin Properties ROE % Chart

Balwin Properties Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROE %
Get a 7-Day Free Trial Premium Member Only 14.69 10.92 10.79 11.87 5.50

Balwin Properties Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 14.52 9.69 14.17 9.08 1.95

Competitive Comparison of Balwin Properties's ROE %

For the Real Estate - Development subindustry, Balwin Properties'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.


Balwin Properties's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's ROE % distribution charts can be found below:

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



Balwin Properties ROE % Calculation

Balwin Properties's annualized ROE % for the fiscal year that ended in Feb. 2024 is calculated as

ROE %=Net Income (A: Feb. 2024 )/( (Total Stockholders Equity (A: Feb. 2023 )+Total Stockholders Equity (A: Feb. 2024 ))/ count )
=215.668/( (3834.927+4005.755)/ 2 )
=215.668/3920.341
=5.50 %

Balwin Properties's annualized ROE % for the quarter that ended in Feb. 2024 is calculated as

ROE %=Net Income (Q: Feb. 2024 )/( (Total Stockholders Equity (Q: Aug. 2023 )+Total Stockholders Equity (Q: Feb. 2024 ))/ count )
=77.742/( (3955.814+4005.755)/ 2 )
=77.742/3980.7845
=1.95 %

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


Balwin Properties  (JSE:BWN) 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: Feb. 2024 )
=Net Income/Total Stockholders Equity
=77.742/3980.7845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(77.742 / 2341.356)*(2341.356 / 7637.244)*(7637.244 / 3980.7845)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.32 %*0.3066*1.9185
=ROA %*Equity Multiplier
=1.02 %*1.9185
=1.95 %

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: Feb. 2024 )
=Net Income/Total Stockholders Equity
=77.742/3980.7845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (77.742 / 133.68) * (133.68 / 169.194) * (169.194 / 2341.356) * (2341.356 / 7637.244) * (7637.244 / 3980.7845)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5816 * 0.7901 * 7.23 % * 0.3066 * 1.9185
=1.95 %

Note: The net income data used here is two times the semi-annual (Feb. 2024) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.


Balwin Properties ROE % Related Terms

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Balwin Properties (JSE:BWN) Business Description

Traded in Other Exchanges
N/A
Address
105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company are: Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation.