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Mobilia Holdings Bhd (XKLS:0229) Return-on-Tangible-Asset : 10.68% (As of Sep. 2024)


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What is Mobilia Holdings Bhd Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Mobilia Holdings Bhd's annualized Net Income for the quarter that ended in Sep. 2024 was RM12.5 Mil. Mobilia Holdings Bhd's average total tangible assets for the quarter that ended in Sep. 2024 was RM117.3 Mil. Therefore, Mobilia Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 10.68%.

The historical rank and industry rank for Mobilia Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:0229' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.47   Med: 13.05   Max: 16.91
Current: 12.06

During the past 7 years, Mobilia Holdings Bhd's highest Return-on-Tangible-Asset was 16.91%. The lowest was 7.47%. And the median was 13.05%.

XKLS:0229's Return-on-Tangible-Asset is ranked better than
90.97% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.025 vs XKLS:0229: 12.06

Mobilia Holdings Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Mobilia Holdings Bhd's Return-on-Tangible-Asset 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.

Mobilia Holdings Bhd Return-on-Tangible-Asset Chart

Mobilia Holdings Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial 16.70 13.05 9.51 11.76 7.47

Mobilia Holdings Bhd Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Asset 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 8.76 12.93 10.62 13.74 10.68

Competitive Comparison of Mobilia Holdings Bhd's Return-on-Tangible-Asset

For the Furnishings, Fixtures & Appliances subindustry, Mobilia Holdings Bhd's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Mobilia Holdings Bhd's Return-on-Tangible-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mobilia Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mobilia Holdings Bhd's Return-on-Tangible-Asset falls into.



Mobilia Holdings Bhd Return-on-Tangible-Asset Calculation

Mobilia Holdings Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=8.228/( (105.386+114.881)/ 2 )
=8.228/110.1335
=7.47 %

Mobilia Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=12.528/( (118.756+115.926)/ 2 )
=12.528/117.341
=10.68 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2024) net income data.


Mobilia Holdings Bhd  (XKLS:0229) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Mobilia Holdings Bhd Return-on-Tangible-Asset Related Terms

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Mobilia Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kempas 1, Lot 2782, GRN 92507, Mukim Jalan Bakri, Muar, JHR, MYS, 84200
Mobilia Holdings Bhd is a home furniture manufacturer in Malaysia, involved in the design and manufacturing of home furniture. The company manufactures a range of wood-based furniture, including wooden upholstered furniture. The company's home furniture can be categorized into three main categories, namely dining room furniture, living room furniture and bedroom furniture.

Mobilia Holdings Bhd Headlines

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