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Scully Royalty (Scully Royalty) ROE %

: 0.56% (As of Jun. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Scully Royalty's annualized net income for the quarter that ended in Jun. 2023 was $1.34 Mil. Scully Royalty's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $240.33 Mil. Therefore, Scully Royalty's annualized ROE % for the quarter that ended in Jun. 2023 was 0.56%.

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

SRL' s ROE % Range Over the Past 10 Years
Min: -75.48   Med: -2.58   Max: 33.09
Current: -7.7

During the past 13 years, Scully Royalty's highest ROE % was 33.09%. The lowest was -75.48%. And the median was -2.58%.

SRL's ROE % is ranked worse than
83.42% of 772 companies
in the Capital Markets industry
Industry Median: 5.145 vs SRL: -7.70

Scully Royalty ROE % Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty 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 33.09 -5.07 0.10 2.08 -6.56

Scully Royalty Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 5.50 -1.17 2.17 -15.58 0.56

Competitive Comparison

For the Capital Markets subindustry, Scully Royalty'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.


Scully Royalty ROE % Distribution

For the Capital Markets industry and Financial Services sector, Scully Royalty's ROE % distribution charts can be found below:

* The bar in red indicates where Scully Royalty's ROE % falls into.



Scully Royalty ROE % Calculation

Scully Royalty'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 )
=-17.223/( (285.625+239.351)/ 2 )
=-17.223/262.488
=-6.56 %

Scully Royalty's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=1.34/( (239.351+241.307)/ 2 )
=1.34/240.329
=0.56 %

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


Scully Royalty  (NYSE:SRL) 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. 2023 )
=Net Income/Total Stockholders Equity
=1.34/240.329
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.34 / 39.9)*(39.9 / 345.305)*(345.305 / 240.329)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.36 %*0.1156*1.4368
=ROA %*Equity Multiplier
=0.39 %*1.4368
=0.56 %

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. 2023 )
=Net Income/Total Stockholders Equity
=1.34/240.329
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.34 / 6.704) * (6.704 / 8.244) * (8.244 / 39.9) * (39.9 / 345.305) * (345.305 / 240.329)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1999 * 0.8132 * 20.66 % * 0.1156 * 1.4368
=0.56 %

Note: The net income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Scully Royalty ROE % Related Terms

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


Scully Royalty (Scully Royalty) Business Description

Traded in Other Exchanges
Address
2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.
Executives
Stefan Feuerstein director BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000

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