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Sawai Group Holdings Co (TSE:4887) ROE % : 9.53% (As of Dec. 2023)


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What is Sawai Group Holdings Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sawai Group Holdings Co's annualized net income for the quarter that ended in Dec. 2023 was 円20,228 Mil. Sawai Group Holdings Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was 円212,174 Mil. Therefore, Sawai Group Holdings Co's annualized ROE % for the quarter that ended in Dec. 2023 was 9.53%.

The historical rank and industry rank for Sawai Group Holdings Co's ROE % or its related term are showing as below:

TSE:4887' s ROE % Range Over the Past 10 Years
Min: -14.87   Med: -4.2   Max: 7.42
Current: 7.42

During the past 2 years, Sawai Group Holdings Co's highest ROE % was 7.42%. The lowest was -14.87%. And the median was -4.20%.

TSE:4887's ROE % is ranked better than
60.6% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 4.135 vs TSE:4887: 7.42

Sawai Group Holdings Co ROE % Historical Data

The historical data trend for Sawai Group Holdings Co'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.

Sawai Group Holdings Co ROE % Chart

Sawai Group Holdings Co Annual Data
Trend Mar22 Mar23
ROE %
-14.87 6.47

Sawai Group Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.34 3.63 6.88 9.35 9.53

Competitive Comparison of Sawai Group Holdings Co's ROE %

For the Drug Manufacturers - Specialty & Generic subindustry, Sawai Group Holdings Co'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.


Sawai Group Holdings Co's ROE % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sawai Group Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where Sawai Group Holdings Co's ROE % falls into.



Sawai Group Holdings Co ROE % Calculation

Sawai Group Holdings Co's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=12667/( (190067+201643)/ 2 )
=12667/195855
=6.47 %

Sawai Group Holdings Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=20228/( (214069+210278)/ 2 )
=20228/212173.5
=9.53 %

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


Sawai Group Holdings Co  (TSE:4887) 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
=20228/212173.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20228 / 194648)*(194648 / 394262.5)*(394262.5 / 212173.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.39 %*0.4937*1.8582
=ROA %*Equity Multiplier
=5.13 %*1.8582
=9.53 %

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
=20228/212173.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (20228 / 25484) * (25484 / 25488) * (25488 / 194648) * (194648 / 394262.5) * (394262.5 / 212173.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7938 * 0.9998 * 13.09 % * 0.4937 * 1.8582
=9.53 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Sawai Group Holdings Co ROE % Related Terms

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Sawai Group Holdings Co (TSE:4887) Business Description

Traded in Other Exchanges
Address
5-2-30, Miyahara, Yodogawa-ku, Osaka, JPN, 532-0003
Sawai Group Holdings Co Ltd is engaged in providing management support or guidance to domestic and foreign companies engaged in businesses related to medical and healthcare services, such as the manufacture and sale of pharmaceutical products and medical equipment, as well as various businesses incidental or related to the same.

Sawai Group Holdings Co (TSE:4887) Headlines

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