GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Best of the Best PLC (LSE:BOTB) » Definitions » ROE %

Best of the Best (LSE:BOTB) ROE % : 91.66% (As of Apr. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Best of the Best ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Best of the Best's annualized net income for the quarter that ended in Apr. 2023 was £4.44 Mil. Best of the Best's average Total Stockholders Equity over the quarter that ended in Apr. 2023 was £4.84 Mil. Therefore, Best of the Best's annualized ROE % for the quarter that ended in Apr. 2023 was 91.66%.

The historical rank and industry rank for Best of the Best's ROE % or its related term are showing as below:

LSE:BOTB' s ROE % Range Over the Past 10 Years
Min: 12.58   Med: 72.69   Max: 271.54
Current: 78.83

During the past 13 years, Best of the Best's highest ROE % was 271.54%. The lowest was 12.58%. And the median was 72.69%.

LSE:BOTB's ROE % is not ranked
in the Travel & Leisure industry.
Industry Median: 5.975 vs LSE:BOTB: 78.83

Best of the Best ROE % Historical Data

The historical data trend for Best of the Best'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.

Best of the Best ROE % Chart

Best of the Best Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.54 153.52 187.44 50.09 66.52

Best of the Best Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 149.74 67.01 47.12 82.92 91.66

Competitive Comparison of Best of the Best's ROE %

For the Gambling subindustry, Best of the Best'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.


Best of the Best's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Best of the Best's ROE % distribution charts can be found below:

* The bar in red indicates where Best of the Best's ROE % falls into.



Best of the Best ROE % Calculation

Best of the Best's annualized ROE % for the fiscal year that ended in Apr. 2023 is calculated as

ROE %=Net Income (A: Apr. 2023 )/( (Total Stockholders Equity (A: Apr. 2022 )+Total Stockholders Equity (A: Apr. 2023 ))/ count )
=4.661/( (8.06+5.954)/ 2 )
=4.661/7.007
=66.52 %

Best of the Best's annualized ROE % for the quarter that ended in Apr. 2023 is calculated as

ROE %=Net Income (Q: Apr. 2023 )/( (Total Stockholders Equity (Q: Oct. 2022 )+Total Stockholders Equity (Q: Apr. 2023 ))/ count )
=4.436/( (3.725+5.954)/ 2 )
=4.436/4.8395
=91.66 %

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


Best of the Best  (LSE:BOTB) 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: Apr. 2023 )
=Net Income/Total Stockholders Equity
=4.436/4.8395
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.436 / 25.01)*(25.01 / 7.4765)*(7.4765 / 4.8395)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.74 %*3.3451*1.5449
=ROA %*Equity Multiplier
=59.34 %*1.5449
=91.66 %

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: Apr. 2023 )
=Net Income/Total Stockholders Equity
=4.436/4.8395
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.436 / 5.478) * (5.478 / 5.424) * (5.424 / 25.01) * (25.01 / 7.4765) * (7.4765 / 4.8395)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8098 * 1.01 * 21.69 % * 3.3451 * 1.5449
=91.66 %

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


Best of the Best ROE % Related Terms

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


Best of the Best (LSE:BOTB) Business Description

Traded in Other Exchanges
N/A
Address
72/74 St Dionis Road, 2 Plato Place, London, GBR, SW6 4TU
Best of the Best PLC engages in a specialty lottery business. The company's only operating segment being the operation of weekly competitions to win luxury cars and other prizes. It generates revenue from the sale of tickets to the competition.

Best of the Best (LSE:BOTB) Headlines

No Headlines