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Perception Capital III (Perception Capital III) ROE % : 6.44% (As of Mar. 2024)


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What is Perception Capital III ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Perception Capital III's annualized net income for the quarter that ended in Mar. 2024 was $2.49 Mil. Perception Capital III's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $38.71 Mil. Therefore, Perception Capital III's annualized ROE % for the quarter that ended in Mar. 2024 was 6.44%.

The historical rank and industry rank for Perception Capital III's ROE % or its related term are showing as below:

PFTA' s ROE % Range Over the Past 10 Years
Min: 3.43   Med: 4.14   Max: 4.84
Current: 3.54

During the past 3 years, Perception Capital III's highest ROE % was 4.84%. The lowest was 3.43%. And the median was 4.14%.

PFTA's ROE % is ranked better than
81.87% of 535 companies
in the Diversified Financial Services industry
Industry Median: 0.38 vs PFTA: 3.54

Perception Capital III ROE % Historical Data

The historical data trend for Perception Capital III'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.

Perception Capital III ROE % Chart

Perception Capital III Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- 3.43 4.84

Perception Capital III Quarterly Data
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 4.99 6.10 2.82 -11.93 6.44

Competitive Comparison of Perception Capital III's ROE %

For the Shell Companies subindustry, Perception Capital III'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.


Perception Capital III's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Perception Capital III's ROE % distribution charts can be found below:

* The bar in red indicates where Perception Capital III's ROE % falls into.



Perception Capital III ROE % Calculation

Perception Capital III'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 )
=7.148/( (256.692+38.394)/ 2 )
=7.148/147.543
=4.84 %

Perception Capital III'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 )
=2.492/( (38.394+39.017)/ 2 )
=2.492/38.7055
=6.44 %

* 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.


Perception Capital III  (NAS:PFTA) 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
=2.492/38.7055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.492 / 0)*(0 / 42.3435)*(42.3435 / 38.7055)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.094
=ROA %*Equity Multiplier
=N/A %*1.094
=6.44 %

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
=2.492/38.7055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.492 / 2.492) * (2.492 / -3.208) * (-3.208 / 0) * (0 / 42.3435) * (42.3435 / 38.7055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -0.7768 * N/A % * 0 * 1.094
=6.44 %

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.


Perception Capital III ROE % Related Terms

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


Perception Capital III (Perception Capital III) Business Description

Traded in Other Exchanges
N/A
Address
3109 W 50th Street, No. 207, Minneapolis, MN, USA, 55410
Perception Capital Corp III is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.
Executives
John P Stanfield officer: Chief Financial Officer 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Campbell Corey 10 percent owner, officer: Chief Financial Officer C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Karrie Willis director C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Sheridan James J. Iii 10 percent owner, officer: Co-President C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Thomas J. Abood director 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Tao Tan 10 percent owner, officer: Co-President 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Rick Gaenzle director, 10 percent owner, officer: Chief Executive Officer 1601 BRYAN STREET, SUITE 4141, DALLAS TX 75201
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Rudolph R Reinfrank director C/O ONS ACQUISITION, 407 N. MAPLE DRIVE, GROUND FLOOR, BEVERLY HILLS CA 90210
George Thompson Hutton director C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Seraina Macia director 175 WATER STREET, NEW YORK NY 10038
Harvey Stuart C. Jr director C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Iii Paul Desmarais director 325 GREENWICH AVENUE, GREENWICH CT 06830
Pfta I Lp 10 percent owner 161 BAY STREET, SUITE 5000, TORONTO A6 M5J 2S1
Pfta I Gp Inc. 10 percent owner 161 BAY STREET, SUITE 5000, TORONTO A6 M5J 2S1