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Kumpulan Fima Bhd (XKLS:6491) Return-on-Tangible-Equity : 9.43% (As of Dec. 2023)


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What is Kumpulan Fima Bhd Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Kumpulan Fima Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM86.8 Mil. Kumpulan Fima Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2023 was RM920.5 Mil. Therefore, Kumpulan Fima Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 9.43%.

The historical rank and industry rank for Kumpulan Fima Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:6491' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.7   Med: 7.45   Max: 12.14
Current: 6.94

During the past 13 years, Kumpulan Fima Bhd's highest Return-on-Tangible-Equity was 12.14%. The lowest was 3.70%. And the median was 7.45%.

XKLS:6491's Return-on-Tangible-Equity is ranked worse than
52.64% of 511 companies
in the Conglomerates industry
Industry Median: 7.44 vs XKLS:6491: 6.94

Kumpulan Fima Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Kumpulan Fima Bhd's Return-on-Tangible-Equity 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.

Kumpulan Fima Bhd Return-on-Tangible-Equity Chart

Kumpulan Fima Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.81 3.70 6.26 12.14 7.09

Kumpulan Fima Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 6.71 3.10 4.30 10.90 9.43

Competitive Comparison of Kumpulan Fima Bhd's Return-on-Tangible-Equity

For the Conglomerates subindustry, Kumpulan Fima Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Kumpulan Fima Bhd's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kumpulan Fima Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kumpulan Fima Bhd's Return-on-Tangible-Equity falls into.



Kumpulan Fima Bhd Return-on-Tangible-Equity Calculation

Kumpulan Fima Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=63.221/( (879.396+904.785 )/ 2 )
=63.221/892.0905
=7.09 %

Kumpulan Fima Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=86.844/( (914.102+926.909)/ 2 )
=86.844/920.5055
=9.43 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kumpulan Fima Bhd  (XKLS:6491) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Kumpulan Fima Bhd Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Kumpulan Fima Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Kumpulan Fima Bhd (XKLS:6491) Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Jalan Medan Setia 1, Suite 4.1, Level 4, Block C, Plaza Damansara, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
Kumpulan Fima Bhd is an investment holding company operating in various business segments. The Manufacturing segment is engaged in the production and trading of security and confidential documents. Its Bulking segment provides bulk handling and storage of various kinds of liquid and semi-liquid products as well as transportation and forwarding services. The Plantation segment consists of oil palm and pineapple estate operations. Its Food segment is involved in the fish processing, canning, distribution, and packaging of food products. The company's Other segment comprises of investment holding, rental, trading, and management of commercial real estate properties. Its geographical segments include Malaysia, Papua New Guinea, and Indonesia, of which key revenue is derived from Malaysia.

Kumpulan Fima Bhd (XKLS:6491) Headlines

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