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Unique Fabricating (Unique Fabricating) ROE % : -287.62% (As of Sep. 2022)


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What is Unique Fabricating ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Unique Fabricating's annualized net income for the quarter that ended in Sep. 2022 was $-42.2 Mil. Unique Fabricating's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was $14.7 Mil. Therefore, Unique Fabricating's annualized ROE % for the quarter that ended in Sep. 2022 was -287.62%.

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

UFABQ's ROE % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.28
* Ranked among companies with meaningful ROE % only.

Unique Fabricating ROE % Historical Data

The historical data trend for Unique Fabricating'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.

Unique Fabricating ROE % Chart

Unique Fabricating Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only 12.85 7.42 -20.53 -15.57 -21.43

Unique Fabricating Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -23.50 -19.19 -7.37 -169.58 -287.62

Competitive Comparison of Unique Fabricating's ROE %

For the Auto Parts subindustry, Unique Fabricating'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.


Unique Fabricating's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Unique Fabricating's ROE % distribution charts can be found below:

* The bar in red indicates where Unique Fabricating's ROE % falls into.



Unique Fabricating ROE % Calculation

Unique Fabricating's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=-6.963/( (33.865+31.127)/ 2 )
=-6.963/32.496
=-21.43 %

Unique Fabricating's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=-42.208/( (19.93+9.42)/ 2 )
=-42.208/14.675
=-287.62 %

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


Unique Fabricating  (OTCPK:UFABQ) 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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-42.208/14.675
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-42.208 / 138.012)*(138.012 / 89.795)*(89.795 / 14.675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-30.58 %*1.537*6.1189
=ROA %*Equity Multiplier
=-47 %*6.1189
=-287.62 %

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: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-42.208/14.675
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-42.208 / -27.32) * (-27.32 / -5.536) * (-5.536 / 138.012) * (138.012 / 89.795) * (89.795 / 14.675)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.5449 * 4.935 * -4.01 % * 1.537 * 6.1189
=-287.62 %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Unique Fabricating ROE % Related Terms

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


Unique Fabricating (Unique Fabricating) Business Description

Traded in Other Exchanges
N/A
Address
800 Standard Parkway, Auburn Hills, MI, USA, 48326
Unique Fabricating Inc is engaged in the engineering and manufacture of multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications. Its products are air management products, heating ventilating and air conditioning, seals, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It derives net sales from the sales of foam, rubber plastic, and tape adhesive related automotive products produced by manufacturing processes including die cutting, compression molding, thermoforming, reaction injection molding and fusion molding.
Executives
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Susan C. Benedict director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peninsula Fund V Limited Partnership 10 percent owner 500 WOODWARD AVENUE, SUITE 2800, DETROIT MI 48226
William Cooke director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Patrick W Cavanagh director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Brian P Loftus officer: Chief Financial Officer C/O UNIQUE FABRICATING, 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Cain Byrd Douglas Iii officer: President and CEO 2622 TWIN HILLS COURT, UNION KY 41091
Donn J Viola director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Paul Frascoia director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Kim Korth director C/O IRN, INC., 2680 WALKER AVENUE, SUITE A, GRAND RAPIDS MI 49544
James Albert Illikman director 500 WOODWARD AVENUE, SUITE 2800, DETROIT MI 48226
Thomas Tekiele officer: Chief Financial Officer 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
John Weinhardt director, officer: President and CEO 800 STANDARD PARKWAY, AUBURN HILLS MI 48326