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Gatos Silver (Gatos Silver) ROE % : 2.74% (As of Mar. 2024)


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What is Gatos Silver ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gatos Silver's annualized net income for the quarter that ended in Mar. 2024 was $10.13 Mil. Gatos Silver's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $369.66 Mil. Therefore, Gatos Silver's annualized ROE % for the quarter that ended in Mar. 2024 was 2.74%.

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

GATO' s ROE % Range Over the Past 10 Years
Min: -921.44   Med: -20.96   Max: 4.28
Current: 4.07

During the past 12 years, Gatos Silver's highest ROE % was 4.28%. The lowest was -921.44%. And the median was -20.96%.

GATO's ROE % is ranked better than
83.75% of 2474 companies
in the Metals & Mining industry
Industry Median: -16.22 vs GATO: 4.07

Gatos Silver ROE % Historical Data

The historical data trend for Gatos Silver'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.

Gatos Silver ROE % Chart

Gatos Silver Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.86 -19.69 -22.23 4.28 3.59

Gatos Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.96 -4.12 3.76 13.69 2.74

Competitive Comparison of Gatos Silver's ROE %

For the Other Precious Metals & Mining subindustry, Gatos Silver'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.


Gatos Silver's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gatos Silver's ROE % distribution charts can be found below:

* The bar in red indicates where Gatos Silver's ROE % falls into.



Gatos Silver ROE % Calculation

Gatos Silver'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 )
=12.86/( (348.482+367.547)/ 2 )
=12.86/358.0145
=3.59 %

Gatos Silver's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=10.128/( (367.547+371.768)/ 2 )
=10.128/369.6575
=2.74 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Gatos Silver  (NYSE:GATO) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=10.128/369.6575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.128 / 0)*(0 / 391.6515)*(391.6515 / 369.6575)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0595
=ROA %*Equity Multiplier
=N/A %*1.0595
=2.74 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=10.128/369.6575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.128 / 10.3) * (10.3 / -27.992) * (-27.992 / 0) * (0 / 391.6515) * (391.6515 / 369.6575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9833 * -0.368 * N/A % * 0 * 1.0595
=2.74 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Gatos Silver ROE % Related Terms

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


Gatos Silver (Gatos Silver) Business Description

Traded in Other Exchanges
Address
925 West Georgia Street, Suite 910, Vancouver, BC, CAN, V6C 3L2
Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.
Executives
Dale Andres officer: President 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Anthony Michael Scott officer: VP, Eval. & Technical Services C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Stephen D Bodley officer: General Counsel C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
James Woeller officer: VP, Corp Dev & Bus Improvement 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Quintanilla Daniel Muniz director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Van Niekerk Pieter A. officer: Chief Financial Officer 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Nicolas Vachon officer: Vice President, Finance 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Rodrigo Monroy officer: General Counsel 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLLAGE CO 80111
Stephen A. Orr director, officer: Chief Executive Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Electrum Silver Us Llc 10 percent owner 535 MADISON AVENUE, 12TH FL., NEW YORK NY 10022
Electrum Group Llc 10 percent owner 535 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Philip Pyle officer: VP of Expl & Chief Geologist 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Luis Felipe Huerta officer: Vice President, Mexico 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
John Kinyon officer: Chief Operating Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Adam Dubas officer: Chief Administrative Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111