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Notion Vtec Bhd (XKLS:0083) Return-on-Tangible-Equity : 11.94% (As of Dec. 2024)


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What is Notion Vtec 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. Notion Vtec Bhd's annualized net income for the quarter that ended in Dec. 2024 was RM50.8 Mil. Notion Vtec Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2024 was RM425.8 Mil. Therefore, Notion Vtec Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 11.94%.

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

XKLS:0083' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.21   Med: 1.92   Max: 12.44
Current: 12.05

During the past 13 years, Notion Vtec Bhd's highest Return-on-Tangible-Equity was 12.44%. The lowest was -11.21%. And the median was 1.92%.

XKLS:0083's Return-on-Tangible-Equity is ranked better than
72.85% of 2339 companies
in the Hardware industry
Industry Median: 5.26 vs XKLS:0083: 12.05

Notion Vtec Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Notion Vtec 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.

Notion Vtec Bhd Return-on-Tangible-Equity Chart

Notion Vtec Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 -1.87 2.24 -11.21 10.66

Notion Vtec Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.32 14.15 19.60 2.72 11.94

Competitive Comparison of Notion Vtec Bhd's Return-on-Tangible-Equity

For the Electronic Components subindustry, Notion Vtec 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.


Notion Vtec Bhd's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Notion Vtec Bhd's Return-on-Tangible-Equity distribution charts can be found below:

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


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Notion Vtec Bhd Return-on-Tangible-Equity Calculation

Notion Vtec Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=42.749/( (381.02+420.998 )/ 2 )
=42.749/401.009
=10.66 %

Notion Vtec Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=50.84/( (420.998+430.629)/ 2 )
=50.84/425.8135
=11.94 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Notion Vtec Bhd  (XKLS:0083) 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.


Notion Vtec Bhd Return-on-Tangible-Equity Related Terms

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


Notion Vtec Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lot 6123, Jalan Haji Salleh, Batu 5 1/2, Jalan Meru, Klang, SGR, MYS, 41050
Notion Vtec Bhd is a Malaysia-based investment holding firm. Through its subsidiaries is engaged in manufacturing and sells precision components, tools, and other related products. The company operates in two segments namely Personal Protective Equipment and Precision Engineering. The Precision Engineering segment accounts for the majority of revenue that engages in the manufacture of high-volume precision components and tools including design, other related activities, and incidental services. Substantial revenue comes from the Thailand market, while it also has a presence in various other countries. The Personal Protective Equipment Segment includes the Manufacturing of personal protective equipment and medical-related materials, components, devices or products, and other activities.

Notion Vtec Bhd Headlines

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