GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Exel Industries SA (XPAR:EXE) » Definitions » ROE %

Exel Industries (XPAR:EXE) ROE % : 18.00% (As of Sep. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Exel Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Exel Industries's annualized net income for the quarter that ended in Sep. 2023 was €77 Mil. Exel Industries's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €426 Mil. Therefore, Exel Industries's annualized ROE % for the quarter that ended in Sep. 2023 was 18.00%.

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

XPAR:EXE' s ROE % Range Over the Past 10 Years
Min: -3.05   Med: 11.56   Max: 14.74
Current: 10.03

During the past 13 years, Exel Industries's highest ROE % was 14.74%. The lowest was -3.05%. And the median was 11.56%.

XPAR:EXE's ROE % is ranked better than
58.62% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.95 vs XPAR:EXE: 10.03

Exel Industries ROE % Historical Data

The historical data trend for Exel 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.

Exel Industries ROE % Chart

Exel Industries Annual Data
Trend Aug13 Aug14 Aug15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 -3.05 11.89 7.06 9.85

Exel Industries Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 15.56 0.98 13.25 2.01 18.00

Competitive Comparison of Exel Industries's ROE %

For the Farm & Heavy Construction Machinery subindustry, Exel 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.


Exel Industries's ROE % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's ROE % distribution charts can be found below:

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



Exel Industries ROE % Calculation

Exel Industries's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=42.496/( (419.645+442.855)/ 2 )
=42.496/431.25
=9.85 %

Exel Industries's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=76.652/( (408.643+442.855)/ 2 )
=76.652/425.749
=18.00 %

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


Exel Industries  (XPAR:EXE) 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. 2023 )
=Net Income/Total Stockholders Equity
=76.652/425.749
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(76.652 / 1222.416)*(1222.416 / 913.8385)*(913.8385 / 425.749)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.27 %*1.3377*2.1464
=ROA %*Equity Multiplier
=8.39 %*2.1464
=18.00 %

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. 2023 )
=Net Income/Total Stockholders Equity
=76.652/425.749
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (76.652 / 105.992) * (105.992 / 109.37) * (109.37 / 1222.416) * (1222.416 / 913.8385) * (913.8385 / 425.749)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7232 * 0.9691 * 8.95 % * 1.3377 * 2.1464
=18.00 %

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


Exel Industries ROE % Related Terms

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


Exel Industries (XPAR:EXE) Business Description

Traded in Other Exchanges
Address
52, rue de la Victoire, Paris, FRA, 75009
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.

Exel Industries (XPAR:EXE) Headlines

No Headlines