What is Star Media Group 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. Star Media Group Bhd's annualizedNet Income for the quarter that ended in Dec. 2024 was RM228.0 Mil. Star Media Group Bhd's average total tangible assets for the quarter that ended in Dec. 2024 was RM753.6 Mil. Therefore, Star Media Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 30.26%.
The historical rank and industry rank for Star Media Group Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:6084'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.13 Med: 0.97 Max: 8.88
Current: 8.88
During the past 13 years, Star Media Group Bhd's highest Return-on-Tangible-Asset was 8.88%. The lowest was -16.13%. And the median was 0.97%.
XKLS:6084's Return-on-Tangible-Asset is ranked better than 85.88% of 1055
companies
in the Media - Diversified industry
Industry Median: 0.41
vs XKLS:6084: 8.88
Star Media Group Bhd Return-on-Tangible-Asset Historical Data
The historical data trend for Star Media Group 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.
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Star Media Group Bhd Return-on-Tangible-Asset Chart
Competitive Comparison of Star Media Group Bhd's Return-on-Tangible-Asset
For the Publishing subindustry, Star Media Group 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.
Star Media Group Bhd's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Star Media Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Star Media Group Bhd's Return-on-Tangible-Asset falls into.
* 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 (Dec. 2024) net income data.
Star Media Group Bhd (XKLS:6084) 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 companys 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 companys 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.
Star Media Group Bhd Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Star Media Group Bhd's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Media Group Bhd publishes, prints, and distributes newspapers and advertisements in print and electronic media. The company operates in three reportable segments: Print, digital and events which is engaged in the publication and distribution of newspapers, magazines, and electronic media and online portal and provision of event organizing management; Broadcasting which operates wireless broadcasting stations; and the Property development and investment segment which develops commercial properties and invests in real estate. The majority of the company's revenue is generated from the Print, digital and events segment. Geographically, the company derives its key revenue from Malaysia and the rest from Singapore, The United States of America, United Kingdom and other regions.
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