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Scheid Vineyards (Scheid Vineyards) ROE % : -29.16% (As of Aug. 2023)


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What is Scheid Vineyards ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Scheid Vineyards's annualized net income for the quarter that ended in Aug. 2023 was $-9.69 Mil. Scheid Vineyards's average Total Stockholders Equity over the quarter that ended in Aug. 2023 was $33.23 Mil. Therefore, Scheid Vineyards's annualized ROE % for the quarter that ended in Aug. 2023 was -29.16%.

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

SVIN' s ROE % Range Over the Past 10 Years
Min: -35.03   Med: 3.58   Max: 11.07
Current: -14.58

During the past 13 years, Scheid Vineyards's highest ROE % was 11.07%. The lowest was -35.03%. And the median was 3.58%.

SVIN's ROE % is ranked worse than
85.38% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 7.005 vs SVIN: -14.58

Scheid Vineyards ROE % Historical Data

The historical data trend for Scheid Vineyards'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.

Scheid Vineyards ROE % Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 6.07 2.73 -16.81 -35.03

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.10 -42.49 -32.59 -11.18 -29.16

Competitive Comparison of Scheid Vineyards's ROE %

For the Beverages - Wineries & Distilleries subindustry, Scheid Vineyards'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.


Scheid Vineyards's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Scheid Vineyards's ROE % distribution charts can be found below:

* The bar in red indicates where Scheid Vineyards's ROE % falls into.



Scheid Vineyards ROE % Calculation

Scheid Vineyards's annualized ROE % for the fiscal year that ended in Feb. 2020 is calculated as

ROE %=Net Income (A: Feb. 2020 )/( (Total Stockholders Equity (A: Feb. 2019 )+Total Stockholders Equity (A: Feb. 2020 ))/ count )
=-12.873/( (43.18+30.307)/ 2 )
=-12.873/36.7435
=-35.03 %

Scheid Vineyards's annualized ROE % for the quarter that ended in Aug. 2023 is calculated as

ROE %=Net Income (Q: Aug. 2023 )/( (Total Stockholders Equity (Q: Aug. 2022 )+Total Stockholders Equity (Q: Aug. 2023 ))/ count )
=-9.692/( (0+33.234)/ 1 )
=-9.692/33.234
=-29.16 %

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


Scheid Vineyards  (OTCPK:SVIN) 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: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-9.692/33.234
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.692 / 55.396)*(55.396 / 183.572)*(183.572 / 33.234)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.5 %*0.3018*5.5236
=ROA %*Equity Multiplier
=-5.28 %*5.5236
=-29.16 %

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: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-9.692/33.234
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-9.692 / -13.522) * (-13.522 / -7.586) * (-7.586 / 55.396) * (55.396 / 183.572) * (183.572 / 33.234)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7168 * 1.7825 * -13.69 % * 0.3018 * 5.5236
=-29.16 %

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


Scheid Vineyards ROE % Related Terms

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


Scheid Vineyards (Scheid Vineyards) Business Description

Traded in Other Exchanges
N/A
Address
305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the manufacturing of premium varietal wine grapes and wine in the United States. The principal business of the company is the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. It currently operates premium wine grape vineyards in Monterey County, California.
Executives
Keith Krum director 305 HILLTOWN ROAD, SALINAS CA 93908
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Scott D Scheid director, officer: President, CEO C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Heidi M Scheid director, officer: Senior Vice President C/O SCHEID VINEYARDS INC, 305 HILLTOWN RD, SALINAS CA 93908
Kurt J Golnick officer: Chief Operating Officer C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Alfred G Scheid director, 10 percent owner C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908

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