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Country View Bhd (XKLS:5049) Return-on-Tangible-Asset : 16.74% (As of Feb. 2025)


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What is Country View 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. Country View Bhd's annualized Net Income for the quarter that ended in Feb. 2025 was RM120.6 Mil. Country View Bhd's average total tangible assets for the quarter that ended in Feb. 2025 was RM720.3 Mil. Therefore, Country View Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was 16.74%.

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

XKLS:5049' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.45   Med: 3.54   Max: 12.69
Current: 7.55

During the past 13 years, Country View Bhd's highest Return-on-Tangible-Asset was 12.69%. The lowest was 0.45%. And the median was 3.54%.

XKLS:5049's Return-on-Tangible-Asset is ranked better than
89.9% of 1802 companies
in the Real Estate industry
Industry Median: 1.4 vs XKLS:5049: 7.55

Country View Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Country View 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.

Country View Bhd Return-on-Tangible-Asset Chart

Country View Bhd Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 0.98 0.45 1.16 3.65

Country View Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.89 3.42 3.59 6.04 16.74

Competitive Comparison of Country View Bhd's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, Country View 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.


Country View Bhd's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country View Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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Country View Bhd Return-on-Tangible-Asset Calculation

Country View Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=25.548/( (692.862+706.428)/ 2 )
=25.548/699.645
=3.65 %

Country View Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=120.584/( (706.428+734.094)/ 2 )
=120.584/720.261
=16.74 %

* 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 (Feb. 2025) net income data.


Country View Bhd  (XKLS:5049) 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.


Country View Bhd Return-on-Tangible-Asset Related Terms

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


Country View Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jalan Ngee Heng, Mail Box 261, Menara Landmark, Unit 26-01, Level 26, Ibrahim International Business District, Johor Bahru, JHR, MYS, 80888
Country View Bhd is a company that operates in the real estate sector. The business activity of the group is operated in two segments: through property development and investment holding segment. The Property development segment develops residential and commercial properties, whereas the investment holding segment invests in subsidiaries and associates which are long-term in nature. The project portfolio of the group includes projects such as Taman Universiti, Taman Nusa Indah, Taman Nusa Bestari Jaya, and Resident at Peak. Geographically all the activities are performed through the region of Malaysia.

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