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The Beachbody Co (The Beachbody Co) ROE %

: -232.46% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Beachbody Co's annualized net income for the quarter that ended in Dec. 2023 was $-260.2 Mil. The Beachbody Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $111.9 Mil. Therefore, The Beachbody Co's annualized ROE % for the quarter that ended in Dec. 2023 was -232.46%.

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

BODI' s ROE % Range Over the Past 10 Years
Min: -103.73   Med: -65.06   Max: Negative Equity
Current: -96.35

During the past 6 years, The Beachbody Co's highest ROE % was Negative Equity%. The lowest was -103.73%. And the median was -65.06%.

BODI's ROE % is ranked worse than
91.19% of 556 companies
in the Interactive Media industry
Industry Median: -0.14 vs BODI: -96.35

The Beachbody Co ROE % Historical Data

The historical data trend for The Beachbody Co'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.

The Beachbody Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Negative Equity -48.48 -94.25 -65.06 -103.73

The Beachbody Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only -77.49 -58.22 -57.74 -84.78 -232.46

Competitive Comparison

For the Internet Content & Information subindustry, The Beachbody Co'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.


The Beachbody Co ROE % Distribution

For the Interactive Media industry and Communication Services sector, The Beachbody Co's ROE % distribution charts can be found below:

* The bar in red indicates where The Beachbody Co's ROE % falls into.



The Beachbody Co ROE % Calculation

The Beachbody Co'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 )
=-152.641/( (211.542+82.76)/ 2 )
=-152.641/147.151
=-103.73 %

The Beachbody Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-260.156/( (141.071+82.76)/ 2 )
=-260.156/111.9155
=-232.46 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


The Beachbody Co  (NYSE:BODI) 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. 2023 )
=Net Income/Total Stockholders Equity
=-260.156/111.9155
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-260.156 / 476.04)*(476.04 / 312.0815)*(312.0815 / 111.9155)
=Net Margin %*Asset Turnover*Equity Multiplier
=-54.65 %*1.5254*2.7885
=ROA %*Equity Multiplier
=-83.36 %*2.7885
=-232.46 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-260.156/111.9155
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-260.156 / -260.404) * (-260.404 / -69.328) * (-69.328 / 476.04) * (476.04 / 312.0815) * (312.0815 / 111.9155)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.999 * 3.7561 * -14.56 % * 1.5254 * 2.7885
=-232.46 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


The Beachbody Co ROE % Related Terms

Thank you for viewing the detailed overview of The Beachbody Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Beachbody Co (The Beachbody Co) Business Description

Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 400, El Segundo, CA, USA, 90245
The Beachbody Co Inc is a health and wellness platform providing fitness, nutrition and stress-reducing programs to customers. The product offerings of the company include Digital Subscriptions, Nutritional Products, and Connected Fitness Products. It earns the majority of its revenue from the United States. The company operates and manages its business in two operating segments, Beachbody and Other.
Executives
Jonathan Congdon officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Mark R Goldston director, officer: Executive Chairman C/O UNITED ONLINE, 2555 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Ann Marie Lundy director C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Carl Daikeler director, 10 percent owner, officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Kathy P Vrabeck officer: CHIEF STRATEGY OFFICER 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Marc Suidan officer: CHIEF FINANCIAL OFFICER C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Michael Heller director CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Blake Timothy Bilstad officer: SEE REMARKS C/O THE BEACHBODY COMPANY, INC., 3301 EXPOSITION BLVD., SANTA MONICA CA 90404
John S. Salter director ONE LOMBARD STREET, SUITE 300, SAN FRANCISCO CA 94111
Susan Collyns officer: PRESIDENT & CFO 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Rpiii Corp Spv Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Raine Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Corp Aggregator Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Rainsanity Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022