Enerpac Tool Group Corp (EPAC)
Return on equity (ROE)
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 85,749 | 83,564 | 70,166 | 56,846 | 46,561 | 34,364 | 23,627 | 20,351 | 15,686 | 10,918 | 34,306 | 36,267 | 38,077 | 34,250 | 4,220 | 3,200 | 723 | -267,580 | -230,163 | -229,572 |
| Total stockholders’ equity | US$ in thousands | 391,979 | 365,771 | 336,926 | 321,676 | 326,620 | 336,619 | 340,788 | 334,323 | 318,611 | 366,272 | 413,023 | 409,806 | 412,198 | 416,911 | 381,393 | 367,946 | 359,226 | 336,282 | 354,365 | 353,253 |
| ROE | 21.88% | 22.85% | 20.83% | 17.67% | 14.26% | 10.21% | 6.93% | 6.09% | 4.92% | 2.98% | 8.31% | 8.85% | 9.24% | 8.22% | 1.11% | 0.87% | 0.20% | -79.57% | -64.95% | -64.99% |
August 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $85,749K ÷ $391,979K
= 21.88%
The return on equity (ROE) for Enerpac Tool Group Corp has exhibited variability over the historical period provided. The ROE has ranged from -79.57% to a high of 22.85%, indicating fluctuations in the company's profitability and efficiency in generating returns for shareholders.
In recent periods, the ROE has shown an improving trend, with the latest figure at 21.88%. This suggests that the company has been able to enhance its efficiency in generating profits from shareholders' equity. However, it is important to note that the ROE has not consistently shown an upward trajectory, as there have been periods of declines in between.
The significant increase in ROE from negative figures to positive levels demonstrates the company's efforts in improving its financial performance and efficiency in capital utilization. Investors and stakeholders may view the recent improvements in ROE positively, indicating potential growth prospects and enhanced shareholder value creation.
Peer comparison
Aug 31, 2024