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Sports Toto Bhd (XKLS:1562) ROE % : 9.23% (As of Dec. 2023)


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What is Sports Toto Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sports Toto Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM97 Mil. Sports Toto Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was RM1,049 Mil. Therefore, Sports Toto Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 9.23%.

The historical rank and industry rank for Sports Toto Bhd's ROE % or its related term are showing as below:

XKLS:1562' s ROE % Range Over the Past 10 Years
Min: 16.96   Med: 30.61   Max: 74.51
Current: 16.96

During the past 13 years, Sports Toto Bhd's highest ROE % was 74.51%. The lowest was 16.96%. And the median was 30.61%.

XKLS:1562's ROE % is ranked better than
75.7% of 786 companies
in the Travel & Leisure industry
Industry Median: 6.115 vs XKLS:1562: 16.96

Sports Toto Bhd ROE % Historical Data

The historical data trend for Sports Toto Bhd'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.

Sports Toto Bhd ROE % Chart

Sports Toto Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.55 17.88 23.40 18.86 22.91

Sports Toto Bhd Quarterly Data
Oct18 Jan19 Sep19 Dec19 Mar20 Jun20 Sep20 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 27.65 9.58 25.72 22.57 9.23

Competitive Comparison of Sports Toto Bhd's ROE %

For the Gambling subindustry, Sports Toto Bhd'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.


Sports Toto Bhd's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sports Toto Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Sports Toto Bhd's ROE % falls into.



Sports Toto Bhd ROE % Calculation

Sports Toto Bhd'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 )
=225.326/( (894.966+1072.109)/ 2 )
=225.326/983.5375
=22.91 %

Sports Toto Bhd'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 )
=96.868/( (1060.593+1037.979)/ 2 )
=96.868/1049.286
=9.23 %

* 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.


Sports Toto Bhd  (XKLS:1562) 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
=96.868/1049.286
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(96.868 / 5472.232)*(5472.232 / 3818.794)*(3818.794 / 1049.286)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.77 %*1.433*3.6394
=ROA %*Equity Multiplier
=2.54 %*3.6394
=9.23 %

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
=96.868/1049.286
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (96.868 / 192.46) * (192.46 / 256.608) * (256.608 / 5472.232) * (5472.232 / 3818.794) * (3818.794 / 1049.286)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5033 * 0.75 * 4.69 % * 1.433 * 3.6394
=9.23 %

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.


Sports Toto Bhd ROE % Related Terms

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Sports Toto Bhd (XKLS:1562) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Imbi, Level 12 (East Wing), Berjaya Times Square, Kuala Lumpur, MYS, 55100
Sports Toto Bhd is a Malaysian company principally engaged in the operations of Toto betting. The company is also involved in other businesses which includes motor retailing, repair and maintenance, and provision of aftersales and insurance services. It is also involved in the operation of a hotel in the Philippines and luxury motor retailing in the United Kingdom, and Development, manufacturing and distribution of computerised wagering and voting systems and provision of software licences and support. Geographically, its presence can be seen in Malaysian, United Kingdom and other international markets of which United Kingdom accounts for a larger share of the revenue.

Sports Toto Bhd (XKLS:1562) Headlines

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