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Amfil Technologies (Amfil Technologies) ROE % : 0.00% (As of Jun. 2023)


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What is Amfil Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Amfil Technologies's annualized net income for the quarter that ended in Jun. 2023 was $-1.08 Mil. Amfil Technologies's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $-4.73 Mil. Therefore, Amfil Technologies's annualized ROE % for the quarter that ended in Jun. 2023 was N/A%.

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

FUNN's ROE % is not ranked *
in the Conglomerates industry.
Industry Median: 6.015
* Ranked among companies with meaningful ROE % only.

Amfil Technologies ROE % Historical Data

The historical data trend for Amfil Technologies'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.

Amfil Technologies ROE % Chart

Amfil Technologies Annual Data
Trend Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
ROE %
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Amfil Technologies Semi-Annual Data
Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
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Competitive Comparison of Amfil Technologies's ROE %

For the Conglomerates subindustry, Amfil Technologies'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.


Amfil Technologies's ROE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Amfil Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Amfil Technologies's ROE % falls into.



Amfil Technologies ROE % Calculation

Amfil Technologies's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-1.081/( (-4.954+-4.496)/ 2 )
=-1.081/-4.725
=N/A %

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

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=-1.081/( (-4.954+-4.496)/ 2 )
=-1.081/-4.725
=N/A %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Amfil Technologies  (OTCPK:FUNN) 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
=-1.081/-4.725
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.081 / 9.009)*(9.009 / 4.0335)*(4.0335 / -4.725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12 %*2.2335*N/A
=ROA %*Equity Multiplier
=-26.8 %*N/A
=N/A %

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
=-1.081/-4.725
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.081 / -1.062) * (-1.062 / -1.092) * (-1.092 / 9.009) * (9.009 / 4.0335) * (4.0335 / -4.725)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0179 * 0.9725 * -12.12 % * 2.2335 * N/A
=N/A %

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


Amfil Technologies ROE % Related Terms

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


Amfil Technologies (Amfil Technologies) Business Description

Traded in Other Exchanges
N/A
Address
600 Bloor St W, Toronto, ON, CAN, M6G 1K4
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.
Executives
Roger Francis Mortimer director, 10 percent owner, officer: President 220 HIGHWAY 7, LOCUST HILL A6 L0H1J0

Amfil Technologies (Amfil Technologies) Headlines

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