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Shakey's Pizza Asia Ventures (PHS:PIZZA) ROE % : 8.53% (As of Mar. 2024)


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What is Shakey's Pizza Asia Ventures ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shakey's Pizza Asia Ventures's annualized net income for the quarter that ended in Mar. 2024 was ₱686 Mil. Shakey's Pizza Asia Ventures's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₱8,045 Mil. Therefore, Shakey's Pizza Asia Ventures's annualized ROE % for the quarter that ended in Mar. 2024 was 8.53%.

The historical rank and industry rank for Shakey's Pizza Asia Ventures's ROE % or its related term are showing as below:

PHS:PIZZA' s ROE % Range Over the Past 10 Years
Min: -5.15   Med: 18.82   Max: 38.62
Current: 13.7

During the past 11 years, Shakey's Pizza Asia Ventures's highest ROE % was 38.62%. The lowest was -5.15%. And the median was 18.82%.

PHS:PIZZA's ROE % is ranked better than
65.76% of 330 companies
in the Restaurants industry
Industry Median: 8.06 vs PHS:PIZZA: 13.70

Shakey's Pizza Asia Ventures ROE % Historical Data

The historical data trend for Shakey's Pizza Asia Ventures'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.

Shakey's Pizza Asia Ventures ROE % Chart

Shakey's Pizza Asia Ventures 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 17.95 -5.15 2.24 13.22 14.39

Shakey's Pizza Asia Ventures 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 11.24 15.78 13.71 17.13 8.53

Competitive Comparison of Shakey's Pizza Asia Ventures's ROE %

For the Restaurants subindustry, Shakey's Pizza Asia Ventures'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.


Shakey's Pizza Asia Ventures's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shakey's Pizza Asia Ventures's ROE % distribution charts can be found below:

* The bar in red indicates where Shakey's Pizza Asia Ventures's ROE % falls into.



Shakey's Pizza Asia Ventures ROE % Calculation

Shakey's Pizza Asia Ventures'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 )
=1079.447/( (7045.777+7959.209)/ 2 )
=1079.447/7502.493
=14.39 %

Shakey's Pizza Asia Ventures'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 )
=685.904/( (7959.209+8130.669)/ 2 )
=685.904/8044.939
=8.53 %

* 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.


Shakey's Pizza Asia Ventures  (PHS:PIZZA) 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
=685.904/8044.939
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(685.904 / 12363.164)*(12363.164 / 18584.1255)*(18584.1255 / 8044.939)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.55 %*0.6653*2.31
=ROA %*Equity Multiplier
=3.69 %*2.31
=8.53 %

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
=685.904/8044.939
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (685.904 / 692.312) * (692.312 / 990.172) * (990.172 / 12363.164) * (12363.164 / 18584.1255) * (18584.1255 / 8044.939)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9907 * 0.6992 * 8.01 % * 0.6653 * 2.31
=8.53 %

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.


Shakey's Pizza Asia Ventures ROE % Related Terms

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Shakey's Pizza Asia Ventures (PHS:PIZZA) Business Description

Traded in Other Exchanges
N/A
Address
15 Km East Service Road, Corner Marian Road 2, Barangay San Martin De Porres, Paranaque, PHL, 1700
Shakey's Pizza Asia Ventures Inc owns and operates a franchise pizza restaurant in the Philippines. The company owns the rights and trademarks in Asia (except Malaysia and Japan), China, Middle East, Australia, and Oceania. Its reporting segments are Restaurant, Franchise and royalty fees and commissary, and others. Restaurant sales comprise revenues from restaurant activities and sale of merchandise and equipment to franchisees, Franchise and royalty fees represent payment of sub-dealers for use of the Shakey's brand, and Commissary sales comprise of third-party sales other than aforementioned activities. The company generates a majority of its revenue from restaurants.

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