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New Mauritius Hotels (XMAU:NMHL) ROE % : 240.66% (As of Dec. 2023)


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What is New Mauritius Hotels ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. New Mauritius Hotels's annualized net income for the quarter that ended in Dec. 2023 was MUR4,638 Mil. New Mauritius Hotels's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was MUR1,927 Mil. Therefore, New Mauritius Hotels's annualized ROE % for the quarter that ended in Dec. 2023 was 240.66%.

The historical rank and industry rank for New Mauritius Hotels's ROE % or its related term are showing as below:

XMAU:NMHL' s ROE % Range Over the Past 10 Years
Min: -41.75   Med: 0.16   Max: 30.72
Current: 30.72

During the past 13 years, New Mauritius Hotels's highest ROE % was 30.72%. The lowest was -41.75%. And the median was 0.16%.

XMAU:NMHL's ROE % is ranked better than
88.06% of 787 companies
in the Travel & Leisure industry
Industry Median: 6.2 vs XMAU:NMHL: 30.72

New Mauritius Hotels ROE % Historical Data

The historical data trend for New Mauritius Hotels'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.

New Mauritius Hotels ROE % Chart

New Mauritius Hotels Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.30 -41.75 -0.87 21.48

New Mauritius Hotels Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Mar21 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 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 45.76 28.05 16.47 -10.52 240.66

Competitive Comparison of New Mauritius Hotels's ROE %

For the Lodging subindustry, New Mauritius Hotels'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.


New Mauritius Hotels's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, New Mauritius Hotels's ROE % distribution charts can be found below:

* The bar in red indicates where New Mauritius Hotels's ROE % falls into.



New Mauritius Hotels ROE % Calculation

New Mauritius Hotels's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=2118.591/( (8801.442+10920.545)/ 2 )
=2118.591/9860.9935
=21.48 %

New Mauritius Hotels'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 )
=4638.008/( (1927.234+1927.234)/ 2 )
=4638.008/1927.234
=240.66 %

* 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.


New Mauritius Hotels  (XMAU:NMHL) 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
=4638.008/1927.234
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4638.008 / 18812.316)*(18812.316 / 42992.058)*(42992.058 / 1927.234)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.65 %*0.4376*22.3076
=ROA %*Equity Multiplier
=10.79 %*22.3076
=240.66 %

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
=4638.008/1927.234
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4638.008 / 5702.736) * (5702.736 / 0) * (0 / 18812.316) * (18812.316 / 42992.058) * (42992.058 / 1927.234)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8133 * N/A * 0 % * 0.4376 * 22.3076
=240.66 %

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.


New Mauritius Hotels ROE % Related Terms

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


New Mauritius Hotels (XMAU:NMHL) Business Description

Traded in Other Exchanges
Address
Botanical Garden Street, Beachcomber House, Curepipe, MUS, 74213
New Mauritius Hotels Ltd together with its subsidiaries is in the business of hotel operations, tour operating, provision of flight & inland catering and rental of hotel property. The company is composed of four business segments, hotel operations, tour operating, Catering and Property. Hotel operations are carried out in Mauritius and morocco. Tour operating are carried out in France, the United Kingdom, Italy, South Africa, and Mauritius. Airline and inland catering are carried out in Mauritius and rental of properties in Seychelles. The majority of the revenue for the company is generated from Hotel Operations.

New Mauritius Hotels (XMAU:NMHL) Headlines

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