Profitability
202220212020
DuPont Analysis (7 components)
Return on Equity (ROE) 6.03%9.31%9.48%
Return on Assets (ROA)
3.98%5.48%5.56%
Total Assets Turnover 34.09%38.62%34.1%
Net Profit Margin
11.67%14.2%16.3%
EBIT Margin ( EBIT / Sales ) 20.87%26.03%27.49%
Tax Burden Ratio ( NI / EBT ) 60.09%60.11%66.65%
Interest Burden Ratio ( EBT / EBIT ) 93.08%90.75%88.97%
Financial Leverage 1.521.701.70
Other Profitability Ratios
Gross Profit Margin 0.350.350.35
Net Operating Margin 0.230.260.25
Return on Common Equity (ROCE) 6.03%9.31%9.48%
Return on Total Capital (ROTC) 6.03%9.31%9.48%
Equity Turnover 0.520.660.58
Penman's Advanced Decomposition
Return on Equity (ROE) 6.03%9.31%9.48%
Return on Net Operating Assets (RNOA) 5.68%7.36%6.32%
NOPAT Margin 15.38%17.05%16.61%
Net Operating Assets Turnover 36.96%43.19%38.04%
Net Financial Leverage 14.29%28.92%31.78%
Effective Interest Rate 5.59%5.44%5.66%
Earnings-interest Spread 0.09%1.92%0.66%