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Yellow Cake (LSE:YCA) ROE % : 71.97% (As of Sep. 2023)


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What is Yellow Cake ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yellow Cake's annualized net income for the quarter that ended in Sep. 2023 was £741.46 Mil. Yellow Cake's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was £1,030.20 Mil. Therefore, Yellow Cake's annualized ROE % for the quarter that ended in Sep. 2023 was 71.97%.

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

LSE:YCA' s ROE % Range Over the Past 10 Years
Min: -10.19   Med: 6.78   Max: 56.8
Current: 42.37

During the past 5 years, Yellow Cake's highest ROE % was 56.80%. The lowest was -10.19%. And the median was 6.78%.

LSE:YCA's ROE % is ranked better than
88.51% of 174 companies
in the Other Energy Sources industry
Industry Median: 8.065 vs LSE:YCA: 42.37

Yellow Cake ROE % Historical Data

The historical data trend for Yellow Cake'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.

Yellow Cake ROE % Chart

Yellow Cake Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
- 5.25 8.30 56.80 -10.19

Yellow Cake Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only 61.92 57.83 -31.63 8.42 71.97

Competitive Comparison of Yellow Cake's ROE %

For the Uranium subindustry, Yellow Cake'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.


Yellow Cake's ROE % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yellow Cake's ROE % distribution charts can be found below:

* The bar in red indicates where Yellow Cake's ROE % falls into.



Yellow Cake ROE % Calculation

Yellow Cake's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=-84.819/( (811.381+853.109)/ 2 )
=-84.819/832.245
=-10.19 %

Yellow Cake's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=741.46/( (853.109+1207.285)/ 2 )
=741.46/1030.197
=71.97 %

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


Yellow Cake  (LSE:YCA) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=741.46/1030.197
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(741.46 / 0)*(0 / 1059.6035)*(1059.6035 / 1030.197)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0285
=ROA %*Equity Multiplier
=N/A %*1.0285
=71.97 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=741.46/1030.197
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (741.46 / 741.46) * (741.46 / -9.252) * (-9.252 / 0) * (0 / 1059.6035) * (1059.6035 / 1030.197)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -80.1405 * N/A % * 0 * 1.0285
=71.97 %

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


Yellow Cake ROE % Related Terms

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Yellow Cake (LSE:YCA) Business Description

Traded in Other Exchanges
Address
66-72 The Esplanade, 3rd Floor, Gaspe House, Channel Islands, JEY, JE1 2LH
Yellow Cake PLC is a specialist company operating in the uranium sector. The principal activity of the company is to invest in uranium projects. It invests in quoted or unquoted companies producing, developing, or exploring for uranium in Canada, the United States, Australia, and South Africa. The company's only segment being the holding of uranium oxide concentrate (U3O8) for long-term capital appreciation.

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