GURUFOCUS.COM » STOCK LIST » Technology » Software » Divfex Bhd (XKLS:0131) » Definitions » Return-on-Tangible-Equity

Divfex Bhd (XKLS:0131) Return-on-Tangible-Equity : 7.82% (As of Mar. 2025)


View and export this data going back to 2006. Start your Free Trial

What is Divfex 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. Divfex Bhd's annualized net income for the quarter that ended in Mar. 2025 was RM2.23 Mil. Divfex Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2025 was RM28.53 Mil. Therefore, Divfex Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 7.82%.

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

XKLS:0131' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -56.21   Med: 3.46   Max: 26.5
Current: 10.54

During the past 13 years, Divfex Bhd's highest Return-on-Tangible-Equity was 26.50%. The lowest was -56.21%. And the median was 3.46%.

XKLS:0131's Return-on-Tangible-Equity is ranked better than
52.83% of 2406 companies
in the Software industry
Industry Median: 8.865 vs XKLS:0131: 10.54

Divfex Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Divfex 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.

Divfex Bhd Return-on-Tangible-Equity Chart

Divfex Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.05 -56.21 3.08 26.50 26.46

Divfex Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 19.85 42.19 -11.66 4.93 7.82

Competitive Comparison of Divfex Bhd's Return-on-Tangible-Equity

For the Information Technology Services subindustry, Divfex 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.


Divfex Bhd's Return-on-Tangible-Equity Distribution in the Software Industry

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

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


;
;

Divfex Bhd Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=6.656/( (21.861+28.458 )/ 2 )
=6.656/25.1595
=26.46 %

Divfex Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2.232/( (28.267+28.796)/ 2 )
=2.232/28.5315
=7.82 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Divfex Bhd  (XKLS:0131) 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.


Divfex Bhd Return-on-Tangible-Equity Related Terms

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


Divfex Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
1, Persiaran Jalil 1, 2-05-01, Level 5, Ho Hup Tower, Bandar Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Divfex Bhd is an investment holding company. It has two operating segments. Information and Communication Technology, which includes the Provision of a comprehensive range of tele/data communication, network infrastructure industrial automation & network performance monitoring solutions, and related services. Other segment involves Investment holding and provision of management. The majority of revenue is generated from the Information & Communication Technology segment. Geographically, The group operates in Malaysia.

Divfex Bhd Headlines

No Headlines