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Abu Dhabi Ports Co PJSC (ADX:ADPORTS) ROE % : 1.45% (As of Dec. 2023)


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What is Abu Dhabi Ports Co PJSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Abu Dhabi Ports Co PJSC's annualized net income for the quarter that ended in Dec. 2023 was د.إ297 Mil. Abu Dhabi Ports Co PJSC's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was د.إ20,449 Mil. Therefore, Abu Dhabi Ports Co PJSC's annualized ROE % for the quarter that ended in Dec. 2023 was 1.45%.

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

ADX:ADPORTS' s ROE % Range Over the Past 10 Years
Min: 5.18   Med: 7.96   Max: 13.5
Current: 5.42

During the past 6 years, Abu Dhabi Ports Co PJSC's highest ROE % was 13.50%. The lowest was 5.18%. And the median was 7.96%.

ADX:ADPORTS's ROE % is ranked worse than
64.1% of 947 companies
in the Transportation industry
Industry Median: 8.39 vs ADX:ADPORTS: 5.42

Abu Dhabi Ports Co PJSC ROE % Historical Data

The historical data trend for Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC ROE % Chart

Abu Dhabi Ports Co PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 7.57 5.18 9.21 8.35 5.35

Abu Dhabi Ports Co PJSC Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.92 6.85 5.89 7.71 1.45

Competitive Comparison of Abu Dhabi Ports Co PJSC's ROE %

For the Marine Shipping subindustry, Abu Dhabi Ports Co PJSC'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.


Abu Dhabi Ports Co PJSC's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Abu Dhabi Ports Co PJSC's ROE % distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ports Co PJSC's ROE % falls into.



Abu Dhabi Ports Co PJSC ROE % Calculation

Abu Dhabi Ports Co PJSC'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 )
=1071.972/( (19247.73+20824.921)/ 2 )
=1071.972/20036.3255
=5.35 %

Abu Dhabi Ports Co PJSC'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 )
=297.008/( (20072.899+20824.921)/ 2 )
=297.008/20448.91
=1.45 %

* 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.


Abu Dhabi Ports Co PJSC  (ADX:ADPORTS) 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
=297.008/20448.91
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(297.008 / 14264.712)*(14264.712 / 53906.6735)*(53906.6735 / 20448.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.08 %*0.2646*2.6362
=ROA %*Equity Multiplier
=0.55 %*2.6362
=1.45 %

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
=297.008/20448.91
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (297.008 / 1090.744) * (1090.744 / 472.2) * (472.2 / 14264.712) * (14264.712 / 53906.6735) * (53906.6735 / 20448.91)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2723 * 2.3099 * 3.31 % * 0.2646 * 2.6362
=1.45 %

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.


Abu Dhabi Ports Co PJSC ROE % Related Terms

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


Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Business Description

Traded in Other Exchanges
N/A
Address
Al Mina Street. Nearest Landmark: Zayed Port, Gate 1, Next to Zayed Port, P.O. Box 54477, Abu Dhabi, ARE, 54477
Abu Dhabi Ports Co PJSC owns, operates, maintains, manages, and develops all ports, docks, harbors, quays, waterways, bridges, breakwaters, infrastructure, and related installations in the Emirate of Abu Dhabi. It also constructs, manages, and develops the industrial, commercial, and non-financial service-free zones on plots of land granted or allocated by the Government of Abu Dhabi. The company's segments include Ports; Economic Cities and Free Zones (EC&FZ); Logistics; Maritime; Digital and Corporate.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Headlines

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