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Planner Corretora De Valores (BSP:GSFI11) ROE % : 2.08% (As of Dec. 2023)


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What is Planner Corretora De Valores ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Planner Corretora De Valores's annualized net income for the quarter that ended in Dec. 2023 was R$22.47 Mil. Planner Corretora De Valores's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was R$1,078.18 Mil. Therefore, Planner Corretora De Valores's annualized ROE % for the quarter that ended in Dec. 2023 was 2.08%.

The historical rank and industry rank for Planner Corretora De Valores's ROE % or its related term are showing as below:

BSP:GSFI11' s ROE % Range Over the Past 10 Years
Min: -3.06   Med: 5.32   Max: 22.56
Current: 2.08

During the past 5 years, Planner Corretora De Valores's highest ROE % was 22.56%. The lowest was -3.06%. And the median was 5.32%.

BSP:GSFI11's ROE % is ranked worse than
63.06% of 777 companies
in the Capital Markets industry
Industry Median: 5.33 vs BSP:GSFI11: 2.08

Planner Corretora De Valores ROE % Historical Data

The historical data trend for Planner Corretora De Valores'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.

Planner Corretora De Valores ROE % Chart

Planner Corretora De Valores Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
22.56 15.42 -3.06 5.32 2.08

Planner Corretora De Valores Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
ROE % 22.56 15.42 -3.06 5.32 2.08

Competitive Comparison of Planner Corretora De Valores's ROE %

For the Capital Markets subindustry, Planner Corretora De Valores'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.


Planner Corretora De Valores's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Planner Corretora De Valores's ROE % distribution charts can be found below:

* The bar in red indicates where Planner Corretora De Valores's ROE % falls into.



Planner Corretora De Valores ROE % Calculation

Planner Corretora De Valores'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 )
=22.473/( (1066.94+1089.413)/ 2 )
=22.473/1078.1765
=2.08 %

Planner Corretora De Valores's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=22.473/( (1066.94+1089.413)/ 2 )
=22.473/1078.1765
=2.08 %

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


Planner Corretora De Valores  (BSP:GSFI11) 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
=22.473/1078.1765
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22.473 / 37.543)*(37.543 / 1792.959)*(1792.959 / 1078.1765)
=Net Margin %*Asset Turnover*Equity Multiplier
=59.86 %*0.0209*1.663
=ROA %*Equity Multiplier
=1.25 %*1.663
=2.08 %

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
=22.473/1078.1765
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (22.473 / 22.473) * (22.473 / 26.364) * (26.364 / 37.543) * (37.543 / 1792.959) * (1792.959 / 1078.1765)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.8524 * 70.22 % * 0.0209 * 1.663
=2.08 %

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


Planner Corretora De Valores ROE % Related Terms

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Planner Corretora De Valores (BSP:GSFI11) Business Description

Traded in Other Exchanges
N/A
Address
Av. Brigadeiro Faria Lima, 3900, 10th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Planner Corretora de Valores SA operates as a stock broker. It offers a complete set of products and services for the Brazilian and international markets such as resource management, trust administration, distribution of funds / securities, bookkeeping, controlling, custody, trustee, research, exchange and investment banking.

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