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Yakkyo SpA (MIL:YKY) ROE % : 2.30% (As of Dec. 2022)


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What is Yakkyo SpA ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yakkyo SpA's annualized net income for the quarter that ended in Dec. 2022 was €0.07 Mil. Yakkyo SpA's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was €2.82 Mil. Therefore, Yakkyo SpA's annualized ROE % for the quarter that ended in Dec. 2022 was 2.30%.

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

MIL:YKY' s ROE % Range Over the Past 10 Years
Min: 2.3   Med: 9.69   Max: 17.07
Current: 13.1

During the past 3 years, Yakkyo SpA's highest ROE % was 17.07%. The lowest was 2.30%. And the median was 9.69%.

MIL:YKY's ROE % is not ranked
in the Transportation industry.
Industry Median: 8.3 vs MIL:YKY: 13.10

Yakkyo SpA ROE % Historical Data

The historical data trend for Yakkyo SpA'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.

Yakkyo SpA ROE % Chart

Yakkyo SpA Annual Data
Trend Dec21 Dec22 Dec23
ROE %
17.07 2.30 13.10

Yakkyo SpA Semi-Annual Data
Dec21 Dec22 Dec23
ROE % 17.07 2.30 13.10

Competitive Comparison of Yakkyo SpA's ROE %

For the Integrated Freight & Logistics subindustry, Yakkyo SpA'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.


Yakkyo SpA's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yakkyo SpA's ROE % distribution charts can be found below:

* The bar in red indicates where Yakkyo SpA's ROE % falls into.



Yakkyo SpA ROE % Calculation

Yakkyo SpA's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=0.065/( (2.788+2.853)/ 2 )
=0.065/2.8205
=2.30 %

Yakkyo SpA's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=0.065/( (2.788+2.853)/ 2 )
=0.065/2.8205
=2.30 %

* 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 (Dec. 2022) net income data. ROE % is displayed in the 30-year financial page.


Yakkyo SpA  (MIL:YKY) 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. 2022 )
=Net Income/Total Stockholders Equity
=0.065/2.8205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.065 / 6.054)*(6.054 / 8.1875)*(8.1875 / 2.8205)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.07 %*0.7394*2.9029
=ROA %*Equity Multiplier
=0.79 %*2.9029
=2.30 %

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. 2022 )
=Net Income/Total Stockholders Equity
=0.065/2.8205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.065 / -0.028) * (-0.028 / 0.154) * (0.154 / 6.054) * (6.054 / 8.1875) * (8.1875 / 2.8205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -2.3214 * -0.1818 * 2.54 % * 0.7394 * 2.9029
=2.30 %

Note: The net income data used here is one times the annual (Dec. 2022) net income data. The Revenue data used here is one times the annual (Dec. 2022) 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.


Yakkyo SpA ROE % Related Terms

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Yakkyo SpA (MIL:YKY) Business Description

Comparable Companies
Traded in Other Exchanges
Address
29H Marsala Street, Rome, ITA, 00185
Yakkyo SpA offers its customers a complete and high-quality B2B service, based on innovative and technological solutions, which simplifies the online purchasing and selling process for the benefit of customers who intend to purchase and market products from China themselves in their own e-commerce or on third-party platforms. It carries out its business through the proprietary platform called Yakkyofy, which allows customers to manage all the preparatory phases for online sales, starting from the procurement, storage and logistics of goods from Chinese suppliers up to their delivery to end users worldwide.

Yakkyo SpA (MIL:YKY) Headlines

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