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Perpetual Industries (Perpetual Industries) ROE % : -18.46% (As of Dec. 2022)


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What is Perpetual Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Perpetual Industries's annualized net income for the quarter that ended in Dec. 2022 was $-1.52 Mil. Perpetual Industries's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was $8.26 Mil. Therefore, Perpetual Industries's annualized ROE % for the quarter that ended in Dec. 2022 was -18.46%.

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

PRPI' s ROE % Range Over the Past 10 Years
Min: -18.46   Med: -11.3   Max: -4.14
Current: -18.46

During the past 5 years, Perpetual Industries's highest ROE % was -4.14%. The lowest was -18.46%. And the median was -11.30%.

PRPI's ROE % is ranked worse than
89.88% of 2956 companies
in the Industrial Products industry
Industry Median: 6.875 vs PRPI: -18.46

Perpetual Industries ROE % Historical Data

The historical data trend for Perpetual Industries'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.

Perpetual Industries ROE % Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
ROE %
- - - -4.14 -18.46

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
ROE % - - - -4.14 -18.46

Competitive Comparison of Perpetual Industries's ROE %

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.


Perpetual Industries's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perpetual Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Perpetual Industries's ROE % falls into.



Perpetual Industries ROE % Calculation

Perpetual Industries'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 )
=-1.524/( (8.54+7.971)/ 2 )
=-1.524/8.2555
=-18.46 %

Perpetual Industries'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 )
=-1.524/( (8.54+7.971)/ 2 )
=-1.524/8.2555
=-18.46 %

* 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.


Perpetual Industries  (OTCPK:PRPI) 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
=-1.524/8.2555
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.524 / 5.241)*(5.241 / 10.941)*(10.941 / 8.2555)
=Net Margin %*Asset Turnover*Equity Multiplier
=-29.08 %*0.479*1.3253
=ROA %*Equity Multiplier
=-13.93 %*1.3253
=-18.46 %

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
=-1.524/8.2555
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.524 / -1.524) * (-1.524 / -1.473) * (-1.473 / 5.241) * (5.241 / 10.941) * (10.941 / 8.2555)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0346 * -28.11 % * 0.479 * 1.3253
=-18.46 %

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.


Perpetual Industries ROE % Related Terms

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


Perpetual Industries (Perpetual Industries) Business Description

Traded in Other Exchanges
N/A
Address
2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is engaged in the research, development, and commercialization of energy efficient products. The company's proprietary XYO Mechanical Balancing Technology is designed to harness rotor displacement energy and delivers solutions for inefficiencies that commonly affect rotating equipment, machinery, and devices. The firm is expanding expertise and knowledge of energy-efficient technology by developing low-cost, green energy solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and the internet of things, while continuing research, development, and commercialization of its proprietary XYO Balancing Technology in key applications.
Executives
Neil Maheshchandra Mulji officer: Chief Operating Officer 5-8720 MACLEOD TRAIL SOUTH,, #110, CALGARY A0 T2H 0M4
Brent W. Bedford director, 10 percent owner, officer: Chairman, President, CEO 5 - 8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Roderick Charles Egan director C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Douglas John Greig other: GM of Operations C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Thomas Ristow director C/O 5-8720 MACLEOOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4