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Baringsorate Investors (Baringsorate Investors) ROE % : 11.22% (As of Dec. 2023)


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What is Baringsorate Investors ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baringsorate Investors's annualized net income for the quarter that ended in Dec. 2023 was $38.13 Mil. Baringsorate Investors's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $339.83 Mil. Therefore, Baringsorate Investors's annualized ROE % for the quarter that ended in Dec. 2023 was 11.22%.

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

MCI' s ROE % Range Over the Past 10 Years
Min: 3.22   Med: 11.01   Max: 16.43
Current: 11.01

During the past 7 years, Baringsorate Investors's highest ROE % was 16.43%. The lowest was 3.22%. And the median was 11.01%.

MCI's ROE % is ranked better than
72.6% of 1697 companies
in the Asset Management industry
Industry Median: 4.37 vs MCI: 11.01

Baringsorate Investors ROE % Historical Data

The historical data trend for Baringsorate Investors'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.

Baringsorate Investors ROE % Chart

Baringsorate Investors Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 13.02 5.00 16.43 4.26 11.01

Baringsorate Investors Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.12 0.24 8.34 10.79 11.22

Competitive Comparison of Baringsorate Investors's ROE %

For the Asset Management subindustry, Baringsorate Investors'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.


Baringsorate Investors's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baringsorate Investors's ROE % distribution charts can be found below:

* The bar in red indicates where Baringsorate Investors's ROE % falls into.



Baringsorate Investors ROE % Calculation

Baringsorate Investors'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 )
=36.959/( (331.639+339.826)/ 2 )
=36.959/335.7325
=11.01 %

Baringsorate Investors's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=38.132/( (0+339.826)/ 1 )
=38.132/339.826
=11.22 %

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


Baringsorate Investors  (NYSE:MCI) 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
=38.132/339.826
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(38.132 / 41.316)*(41.316 / 393.935)*(393.935 / 339.826)
=Net Margin %*Asset Turnover*Equity Multiplier
=92.29 %*0.1049*1.1592
=ROA %*Equity Multiplier
=9.68 %*1.1592
=11.22 %

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
=38.132/339.826
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (38.132 / 39.936) * (39.936 / 41.316) * (41.316 / 393.935) * (393.935 / 339.826)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.9548 * 96.66 % * 0.1049 * 1.1592
=11.22 %

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


Baringsorate Investors ROE % Related Terms

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


Baringsorate Investors (Baringsorate Investors) Business Description

Traded in Other Exchanges
N/A
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings Corporate Investors is a closed-end management investment company. Its investment objective is to maintain a portfolio of securities providing a current yield and an opportunity for capital gains. The Trust's principal investments are privately placed, below-investment grade, long-term debt obligations including bank loans and mezzanine debt instruments. The company invests in various sectors such as aerospace and defense; automotive; building materials; consumer products and others.
Executives
Grace Edward P Iii other: Trustee SEASIDE PLAZA SUITE 880, 201 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Susan B Sweeney other: Trustee BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Barbara Ginader other: Trustee BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Eric Partlan other: Adviser Board Member BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Robert Spengler other: Chief Compliance Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Ashlee Steinnerd officer: Chief Legal Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Joseph Evanchick other: Vice Presient BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Benjamin Tecmire officer: Chief Compliance Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
David Mihalick other: Trustee BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202
Michael Harlan Brown director 210 TRINITY PASS, POUND RIDGE NY 10576
Elizabeth A. Murray officer: Principal Accounting Officer BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Christopher Cary other: Officer of Adviser BARINGS LLC, 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
Michael James O'connor other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202
Sears Merritt other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202
Susan Cicco other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202